EXQUISITE LUXURY LTD

Company Registration Number:
10804918 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

EXQUISITE LUXURY LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

EXQUISITE LUXURY LTD

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 520,142 99,360
Investments: 4 20,833 41,781
Total fixed assets: 540,975 141,141
Current assets
Stocks: 59,194 28,800
Debtors:   377,591 74,277
Cash at bank and in hand: 514,780 107,828
Total current assets: 951,565 210,905
Creditors: amounts falling due within one year: 5 (744,944) (673,273)
Net current assets (liabilities): 206,621 (462,368)
Total assets less current liabilities: 747,596 (321,227)
Total net assets (liabilities): 747,596 (321,227)
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 746,596 (322,227)
Shareholders funds: 747,596 (321,227)

The notes form part of these financial statements

EXQUISITE LUXURY LTD

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 March 2025
and signed on behalf of the board by:

Name: George William Booth
Status: Director

The notes form part of these financial statements

EXQUISITE LUXURY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Motor Vehicles – 20% on wdv Plant & Equipment – 15% on wdv Fixtures & Fittings – 15% on wdv If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

EXQUISITE LUXURY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 7 6

EXQUISITE LUXURY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 139,811
Additions 512,600
At 30 June 2024 652,411
Depreciation
At 01 July 2023 40,451
Charge for year 91,818
At 30 June 2024 132,269
Net book value
At 30 June 2024 520,142
At 30 June 2023 99,360

EXQUISITE LUXURY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Fixed investments

Other investments other than loans £20,833.00

EXQUISITE LUXURY LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

Bank loans and overdrafts £445788 Trade creditors £149346 Corporation tax £79648 Social security and other taxes £2404 Other creditors £67758 TOTAL £744944