| Registered number: 07811594 | ||||||||
| FOR THE YEAR ENDED 31 OCTOBER 2024 | ||||||||
| Prepared By: | ||||||||
| Wieland Accountants Limited | ||||||||
| Chartered Accountants | ||||||||
| Harrow Business Centre | ||||||||
| 429-433 Pinner Road | ||||||||
| North Harrow | ||||||||
| Middlesex | ||||||||
| HA1 4HN | ||||||||
| Excel Academy Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31 OCTOBER 2024 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| Middlesex | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 07811594 | ||||||||
| ACCOUNTANTS | ||||||||
| Wieland Accountants Limited | ||||||||
| Chartered Accountants | ||||||||
| Harrow Business Centre | ||||||||
| 429-433 Pinner Road | ||||||||
| North Harrow | ||||||||
| Middlesex | ||||||||
| HA1 4HN | ||||||||
| Excel Academy Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31 OCTOBER 2024 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Excel Academy Limited | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2024 | 2023 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 2 | |||||||||
| CURRENT ASSETS | ||||||||||
| Debtors | 3 | |||||||||
| Cash at bank and in hand | ||||||||||
| 19,860 | 14,020 | |||||||||
| CREDITORS: Amounts falling due within one year | 4 | |||||||||
| NET CURRENT ASSETS | 9,594 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CREDITORS: Amounts falling due after more than one year | 5 | 11,828 | 8,329 | |||||||
| NET ASSETS | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 7 | |||||||||
| Profit and loss account | 822 | 1,183 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| Excel Academy Limited | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31 OCTOBER 2024 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Fixtures and Fittings | reducing balance 25% | |||||||
| Equipment | straight line 33.3% | |||||||
| 1c. Pension Costs | ||||||||
| The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. | ||||||||
| 2. TANGIBLE FIXED ASSETS | ||||||
| Fixtures | ||||||
| and Fittings | Equipment | Total | ||||
| £ | £ | £ | ||||
| Cost | ||||||
| At 1 November 2023 | 580 | 1,392 | 1,972 | |||
| At 31 October 2024 | 580 | 1,392 | 1,972 | |||
| Depreciation | ||||||
| At 1 November 2023 | 562 | 1,392 | 1,954 | |||
| For the year | 5 | - | 5 | |||
| At 31 October 2024 | 567 | 1,392 | 1,959 | |||
| Net Book Amounts | ||||||
| At 31 October 2024 | 13 | |||||
| At 31 October 2023 | 18 | |||||
| Excel Academy Limited | ||||||||
| 3. DEBTORS | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Other debtors | 1,657 | 1,527 | ||||||
| Directors current account | 9,808 | 9,447 | ||||||
| 11,465 | 10,974 | |||||||
| 4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| UK corporation tax | 1,089 | 238 | ||||||
| PAYE control | 187 | 289 | ||||||
| Bank Loan | 5,036 | 3,282 | ||||||
| Trade creditors | 201 | - | ||||||
| Pension schemes | 130 | 137 | ||||||
| Accruals | 480 | 480 | ||||||
| 7,123 | 4,426 | |||||||
| 5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| Bank loans (unsecured) >1yr | 11,828 | 8,329 | ||||||
| 11,828 | 8,329 | |||||||
| 6. EMPLOYEES | ||||||
| 2024 | 2023 | |||||
| No. | No. | |||||
| Average number of employees | 2 | |||||
| Excel Academy Limited | ||||||||
| 7. SHARE CAPITAL | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 100 | 100 | |||||||
| 100 | 100 | |||||||