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Company Registration No. 14317696 (England and Wales)
Excel BTL LTD Unaudited accounts for the year ended 31 August 2024
Excel BTL LTD Unaudited accounts Contents
Page
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Excel BTL LTD Company Information for the year ended 31 August 2024
Director
Marcin Oleksinski
Company Number
14317696 (England and Wales)
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Excel BTL LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
203,958 
- 
Current assets
Debtors
30,658 
- 
Cash at bank and in hand
2,370 
1 
33,028 
1 
Creditors: amounts falling due within one year
(229,605)
- 
Net current (liabilities)/assets
(196,577)
1 
Total assets less current liabilities
7,381 
1 
Provisions for liabilities
Deferred tax
(5,560)
- 
Net assets
1,821 
1 
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
29,264 
- 
Profit and loss account
(27,444)
- 
Shareholders' funds
1,821 
1 
For the year ending 31 August 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 her 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 28 May 2025 and were signed on its behalf by
Marcin Oleksinski Director Company Registration No. 14317696
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Excel BTL LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Excel BTL LTD is a private company, limited by shares, registered in England and Wales, registration number 14317696.
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.
4
Investment property
2024 
£ 
Additions
203,958 
At 31 August 2024
203,958 
During the year, the company obtained an independent valuation from a regulated bank for its investment property located at 17 Wolsdon Street, Devon, PL1 5EH. The valuation was carried out based on current market conditions and comparable property data to determine the fair value as at the balance sheet date. As a result of this valuation, a fair value increase £ 29264 has been recognised in the profit and loss account under "Investment Income – Fair Value Adjustment on Investment Property", in accordance with FRS 102 Section 16. The fair value of the investment property as at 31/08/2025 is £ 100000
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
30,658 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
141,463 
- 
Loans from directors
88,142 
- 
229,605 
- 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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