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REGISTERED NUMBER: 07196481 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Eximius Projects Limited

Eximius Projects Limited (Registered number: 07196481)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Eximius Projects Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: J R Lee
T W Burke





REGISTERED OFFICE: 65 Knowl Piece
Wilbury Way
Hitchin
Hertfordshire
SG4 0TY





REGISTERED NUMBER: 07196481 (England and Wales)





ACCOUNTANTS: Godfrey Laws & Co Limited
65 Knowl Piece
Wilbury Way
Hitchin
Hertfordshire
SG4 0TY

Eximius Projects Limited (Registered number: 07196481)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 238

CURRENT ASSETS
Stocks 2,354,232 153,396
Debtors 5 1,653,673 905,243
Cash at bank 373,539 362,618
4,381,444 1,421,257
CREDITORS
Amounts falling due within one year 6 4,126,820 1,112,967
NET CURRENT ASSETS 254,624 308,290
TOTAL ASSETS LESS CURRENT
LIABILITIES

254,624

308,528

PROVISIONS FOR LIABILITIES - 119
NET ASSETS 254,624 308,409

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 254,623 308,408
254,624 308,409

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Eximius Projects Limited (Registered number: 07196481)

Balance Sheet - continued
30 June 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 Board of Directors and authorised for issue on 24 March 2025 and were signed on its behalf by:





T W Burke - Director


Eximius Projects Limited (Registered number: 07196481)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Eximius Projects 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.

Turnover
Turnover is derived from project work, measured at the fair value of the consideration received or receivable in respect of ongoing projects, excluding discounts and rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Work in progress
Work in progress is valued at the net realisable value of goods purchased in relation to the project they relate to.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Eximius Projects Limited (Registered number: 07196481)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 9,529
DEPRECIATION
At 1 July 2023 9,291
Charge for year 238
At 30 June 2024 9,529
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 238

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 177,014 193,714
Amounts owed by group undertakings 940,193 233,833
Other debtors 536,466 477,696
1,653,673 905,243

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 439,908 175,816
Taxation and social security 279,619 188,558
Other creditors 3,407,293 748,593
4,126,820 1,112,967

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
T W Burke
Balance outstanding at start of year 186,484 182,827
Amounts advanced 4,196 3,657
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 190,680 186,484

Eximius Projects Limited (Registered number: 07196481)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

J R Lee
Balance outstanding at start of year 149,764 146,828
Amounts advanced 3,353 2,936
Amounts repaid (766 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 152,351 149,764

Interest is charged at 2.25% on overdrawn balances. Overdrawn balances are repayable on demand.