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Company Registration No. 09568202 (England and Wales)
Excel Trading Services Limited Unaudited accounts for the year ended 31 March 2024
Excel Trading Services Limited Unaudited accounts Contents
Page
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Excel Trading Services Limited Company Information for the year ended 31 March 2024
Directors
Hiral Patel Jigarkumar Jayprakash Shah
Company Number
09568202 (England and Wales)
Registered Office
Dial 4 Panels Unit 35 Hallmark Trading Estate, Fourth Way Wembley Middlesex HA9 0LB England
Accountants
MAP Accounting Limited 26 Oakfield Avenue Harrow HA3 8TJ
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Excel Trading Services Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
80,230 
17,750 
Debtors
- 
168,144 
Cash at bank and in hand
13,968 
270,140 
94,198 
456,034 
Creditors: amounts falling due within one year
(160,479)
(336,662)
Net current (liabilities)/assets
(66,281)
119,372 
Total assets less current liabilities
(66,281)
119,372 
Creditors: amounts falling due after more than one year
(19,320)
(29,359)
Net (liabilities)/assets
(85,601)
90,013 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(85,603)
90,011 
Shareholders' funds
(85,601)
90,013 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 March 2025 and were signed on its behalf by
Jigarkumar Jayprakash Shah Director Company Registration No. 09568202
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Excel Trading Services Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Excel Trading Services Limited is a private company, limited by shares, registered in England and Wales, registration number 09568202. The registered office is Dial 4 Panels, Unit 35, Hallmark Trading Estate, Fourth Way, Wembley, Middlesex, HA9 0LB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
144 
Other debtors
- 
168,000 
- 
168,144 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,120 
317,189 
Taxes and social security
- 
4,232 
Other creditors
- 
15,977 
Loans from directors
159,359 
(736)
160,479 
336,662 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
19,320 
29,359 
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Excel Trading Services Limited Notes to the Accounts for the year ended 31 March 2024
7
Transactions with related parties
Jigarkumar J. Shah Director salaries £12,540 Hiral Shah Director salaries £12,540 Director loan: Directors loan account balance at the year end is £159359. This loan is interest free and unsecured.
8
Average number of employees
During the year the average number of employees was 0 (2023: 4).
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