Acorah Software Products - Accounts Production 16.3.350 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 11206636 Mr Luqman Adebanwo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11206636 2024-02-29 11206636 2025-02-28 11206636 2024-03-01 2025-02-28 11206636 frs-core:CurrentFinancialInstruments 2025-02-28 11206636 frs-core:Non-currentFinancialInstruments 2025-02-28 11206636 frs-core:InvestmentPropertyIncludedWithinPPE 2025-02-28 11206636 frs-core:InvestmentPropertyIncludedWithinPPE 2024-02-29 11206636 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-02-28 11206636 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 11206636 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 11206636 frs-core:ShareCapital 2025-02-28 11206636 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 11206636 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 11206636 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 11206636 frs-bus:SmallEntities 2024-03-01 2025-02-28 11206636 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 11206636 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 11206636 frs-bus:Director1 2024-03-01 2025-02-28 11206636 frs-countries:EnglandWales 2024-03-01 2025-02-28 11206636 2023-02-28 11206636 2024-02-29 11206636 2023-03-01 2024-02-29 11206636 frs-core:CurrentFinancialInstruments 2024-02-29 11206636 frs-core:Non-currentFinancialInstruments 2024-02-29 11206636 frs-core:ShareCapital 2024-02-29 11206636 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 11206636
Excellence Investment Services Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Mfords Consulting Ltd
Chartered Certified Accountants
Unit 4 Sharvatt Bus Centre
Keats Road
London
London
DA17 6BP
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11206636
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 295,800 295,800
295,800 295,800
CURRENT ASSETS
Debtors 5 7,795 7,795
Cash at bank and in hand 39 39
7,834 7,834
Creditors: Amounts Falling Due Within One Year 6 (36,290 ) (35,209 )
NET CURRENT ASSETS (LIABILITIES) (28,456 ) (27,375 )
TOTAL ASSETS LESS CURRENT LIABILITIES 267,344 268,425
Creditors: Amounts Falling Due After More Than One Year 7 (330,000 ) (330,000 )
NET LIABILITIES (62,656 ) (61,575 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (62,657 ) (61,576 )
SHAREHOLDERS' FUNDS (62,656) (61,575)
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Luqman Adebanwo
Director
09/05/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Excellence Investment Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11206636 . The registered office is 54 WOOLBRROK HOUSE, Crayford, Dartford, DA1 3RF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Investment Properties Total
£ £ £
Cost
As at 1 March 2024 295,800 330,000 625,800
As at 28 February 2025 295,800 330,000 625,800
Depreciation
As at 1 March 2024 - 330,000 330,000
As at 28 February 2025 - 330,000 330,000
...CONTINUED
Page 2
Page 3
Net Book Value
As at 28 February 2025 295,800 - 295,800
As at 1 March 2024 295,800 - 295,800
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 7,795 7,795
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Director's loan account 36,290 35,209
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 303,750 303,750
Directors loan account 26,250 26,250
330,000 330,000
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 3