Company Registration No. 10253989 (England and Wales)
Exclusive Deals Ltd
Unaudited accounts
for the year ended 30 June 2024
Exclusive Deals Ltd
Unaudited accounts
Contents
Exclusive Deals Ltd
Company Information
for the year ended 30 June 2024
Director
Nilesh Shashi Vagadia
Company Number
10253989 (England and Wales)
Registered Office
Exclusive Deals Ltd
8a Riversdale Mill
Hacken Lane
Bolton
Lancashire
BL3 1SJ
England
Accountants
S&H Accountants
35 School Walk
Manchester
M16 7GD
Exclusive Deals Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
182,577
42,715
Inventories
1,065,555
1,054,157
Cash at bank and in hand
2,141
12,746
Creditors: amounts falling due within one year
(742,159)
(756,281)
Net current assets
351,732
431,411
Total assets less current liabilities
534,309
474,126
Creditors: amounts falling due after more than one year
(266,969)
(159,469)
Provisions for liabilities
Other provisions
-
(2,136)
Net assets
267,340
312,521
Called up share capital
100
100
Profit and loss account
267,240
312,421
Shareholders' funds
267,340
312,521
For the year ending 30 June 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 30 April 2025 and were signed on its behalf by
Nilesh Shashi Vagadia
Director
Company Registration No. 10253989
Exclusive Deals Ltd
Notes to the Accounts
for the year ended 30 June 2024
Exclusive Deals Ltd is a private company, limited by shares, registered in England and Wales, registration number 10253989. The registered office is Exclusive Deals Ltd, 8a Riversdale Mill, Hacken Lane, Bolton, Lancashire, BL3 1SJ, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
20% per annum on the basis of reducing balance
Fixtures & fittings
15% per annum on the basis of reducing balance
Computer equipment
20% per annum on the basis of reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2023
-
23,871
50,952
5,122
79,945
Additions
146,319
-
1,032
-
147,351
At 30 June 2024
146,319
23,871
51,984
5,122
227,296
At 1 July 2023
-
8,445
26,285
2,500
37,230
Charge for the year
-
3,085
3,880
524
7,489
At 30 June 2024
-
11,530
30,165
3,024
44,719
At 30 June 2024
146,319
12,341
21,819
2,098
182,577
At 30 June 2023
-
15,426
24,667
2,622
42,715
Exclusive Deals Ltd
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
26,195
105,289
Amounts falling due after more than one year
Accrued income and prepayments
-
15,500
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
118,062
131,289
Taxes and social security
2,024
22,854
Proposed dividends
-
2,000
Loans from directors
585,466
578,848
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 9 (2023: 12).