EXCELSIS REAL ESTATE LIMITED

Company Registration Number:
SC600603 (Scotland)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

EXCELSIS REAL ESTATE LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

EXCELSIS REAL ESTATE LIMITED

Company Information

for the Period Ended 30 June 2024




Director: Awoye Lawson-Jack
Registered office: 12
Clochandighter Terrace
Portlethen
Aberdeen
GB-SCT
AB12 4TR
Company Registration Number: SC600603 (Scotland)

EXCELSIS REAL ESTATE LIMITED

Directors' Report Period Ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Directors

The directors shown below have held office during the whole of the period from 01 July 2023 to 30 June 2024
Awoye Lawson-Jack

This report was approved by the board of directors on 25 March 2025
And Signed On Behalf Of The Board By:

Name: Awoye Lawson-Jack
Status: Director

EXCELSIS REAL ESTATE LIMITED

Profit and Loss Account

for the Period Ended 30 June 2024


Notes

2024
£

2023
£
Turnover 210,367 176,653
Gross Profit or (Loss) 210,367 176,653
Administrative Expenses ( 291,174 ) ( 240,380 )
Operating Profit or (Loss) ( 80,807 ) ( 63,727 )
Profit or (Loss) Before Tax ( 80,807 ) ( 63,727 )
Profit or (Loss) for Period ( 80,807 ) ( 63,727 )

The notes form part of these financial statements

EXCELSIS REAL ESTATE LIMITED

Balance sheet

As at 30 June 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 2,907,776 2,464,079
Total fixed assets: 2,907,776 2,464,079
Current assets
Cash at bank and in hand: 7,152 50,802
Total current assets: 7,152 50,802
Creditors: amounts falling due within one year: 5 ( 3,332,942 ) ( 2,852,088 )
Net current assets (liabilities): ( 3,325,790 ) ( 2,801,286 )
Total assets less current liabilities: ( 418,014 ) ( 337,207 )
Total net assets (liabilities): ( 418,014 ) ( 337,207 )

The notes form part of these financial statements

EXCELSIS REAL ESTATE LIMITED

Balance sheet continued

As at 30 June 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 418,015 ) ( 337,208 )
Shareholders funds: ( 418,014 ) ( 337,207 )

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.

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

This report was approved by the board of directors on 25 March 2025
And Signed On Behalf Of The Board By:

Name: Awoye Lawson-Jack
Status: Director

The notes form part of these financial statements

EXCELSIS REAL ESTATE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

EXCELSIS REAL ESTATE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

EXCELSIS REAL ESTATE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 3. Off balance sheet disclosure

    No

EXCELSIS REAL ESTATE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 July 2023 2,464,079 2,464,079
Additions 443,697 443,697
Disposals - -
Revaluations - -
Transfers - -
At 30 June 2024 2,907,776 2,907,776
Depreciation
At 01 July 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 30 June 2024 - -
Net book value
At 30 June 2024 2,907,776 2,907,776
At 30 June 2023 2,464,079 2,464,079

EXCELSIS REAL ESTATE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 1,983,670 2,852,088
Other creditors 1,349,272
Total 3,332,942 2,852,088