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Company Registration No. 10977266 (England and Wales)
Exaltis Solutions Ltd Unaudited accounts for the year ended 30 September 2024
Exaltis Solutions Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Exaltis Solutions Ltd Company Information for the year ended 30 September 2024
Director
Elaine Parker
Company Number
10977266 (England and Wales)
Registered Office
1 John Buddle Work Village Buddle Road Newcastle Upon Tyne NE4 8AW United Kingdom
Accountants
Abacus Jack Ltd New Century House Crowther Road Washington Tyne and Wear NE38 0QA
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Exaltis Solutions Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,481 
522 
Current assets
Debtors
5
4,274 
1,110 
Cash at bank and in hand
5,383 
461 
9,657 
1,571 
Creditors: amounts falling due within one year
6
4,372 
(2,620)
Net current assets/(liabilities)
14,029 
(1,049)
Total assets less current liabilities
15,510 
(527)
Creditors: amounts falling due after more than one year
7
(14,705)
(3,460)
Net assets/(liabilities)
805 
(3,987)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
804 
(3,988)
Shareholders' funds
805 
(3,987)
For the year ending 30 September 2024 the company was entitled to exemption from audit 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 May 2025 and were signed on its behalf by
Elaine Parker Director Company Registration No. 10977266
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Exaltis Solutions Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Exaltis Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 10977266. The registered office is 1 John Buddle Work Village, Buddle Road, Newcastle Upon Tyne, NE4 8AW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 October 2023
1,529 
Additions
1,453 
At 30 September 2024
2,982 
Depreciation
At 1 October 2023
1,007 
Charge for the year
494 
At 30 September 2024
1,501 
Net book value
At 30 September 2024
1,481 
At 30 September 2023
522 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,305 
1,110 
Other debtors
969 
- 
4,274 
1,110 
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Exaltis Solutions Ltd Notes to the Accounts for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,965 
1,790 
Obligations under finance leases and hire purchase contracts
726 
- 
Taxes and social security
3,131 
410 
Loans from directors
(12,872)
- 
Accruals
678 
420 
(4,372)
2,620 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
14,342 
3,460 
Obligations under finance leases and hire purchase contracts
363 
- 
14,705 
3,460 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Elaine Parker
Director's Loan
12,871 
- 
- 
12,871 
12,871 
- 
- 
12,871 
The director repaid £10,000 of the outstanding director’s loan within nine months of the company’s financial year end, in accordance with the requirements of the Corporation Tax Act 2010.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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