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REGISTERED NUMBER: 07951926 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Exec Assist Limited

Exec Assist Limited (Registered number: 07951926)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Exec Assist Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: J B Peers





REGISTERED OFFICE: 1 Menlove Mansions
Liverpool
Merseyside
L18 2HY





REGISTERED NUMBER: 07951926 (England and Wales)





ACCOUNTANTS: Pareto Tax & Wealth LLP
The Old Schoolhouse
5-7 Byrom Street
Manchester
M3 4PF

Exec Assist Limited (Registered number: 07951926)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 56,064 -

CURRENT ASSETS
Cash at bank 79,772 131,726

CREDITORS
Amounts falling due within one year 5 8,196 10,900
NET CURRENT ASSETS 71,576 120,826
TOTAL ASSETS LESS CURRENT
LIABILITIES

127,640

120,826

CREDITORS
Amounts falling due after more than one
year

6

9,417

14,300
NET ASSETS 118,223 106,526

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 7 8,338 -
Retained earnings 109,884 106,525
SHAREHOLDERS' FUNDS 118,223 106,526

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Exec Assist Limited (Registered number: 07951926)

Balance Sheet - continued
31 May 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 February 2025 and were signed by:





J B Peers - Director


Exec Assist Limited (Registered number: 07951926)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Exec Assist Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
Additions 47,726
Revaluations 8,338
At 31 May 2024 56,064
NET BOOK VALUE
At 31 May 2024 56,064

Exec Assist Limited (Registered number: 07951926)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 May 2024 is represented by:

Other
investments
£   
Valuation in 2024 6,064
Cost 50,000
56,064

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 5,200 5,200
Trade creditors 1,451 1,086
Taxation and social security 969 2,654
Other creditors 576 1,960
8,196 10,900

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans 9,417 14,300

7. RESERVES
Revaluation
reserve
£   
Revaluation reserve 8,338

At 31 May 2024 8,338

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31 May 2024 the company owed £576 (2023: £1,960) to J B Peers. The loan is interest free and repayable on demand.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J B Peers.