REGISTERED NUMBER: 05070578 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

EXABYTE SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs R C Rimmer

P J Rimmer

SECRETARY:

Mrs R C Rimmer

REGISTERED OFFICE:

15 Floyd Grove

Balsall Common

Coventry

West Midlands

CV7 7RP

REGISTERED NUMBER:

05070578 (England and Wales)

ACCOUNTANTS:

Bernard Rogers & Co

Bank Gallery

High Street

Kenilworth

Warwickshire

CV8 1LY

FIXED ASSETS

Tangible assets

4

39,739

785

CURRENT ASSETS

Debtors

5

109,469

65,230

Cash at bank

158,679

48,153

268,148

113,383

CREDITORS

Amounts falling due within one year

6

152,116

76,863

NET CURRENT ASSETS

116,032

36,520

TOTAL ASSETS LESS CURRENT LIABILITIES

155,771

37,305

CREDITORS

Amounts falling due after more than one year

7

(65,151

)

(37,283

)

PROVISIONS FOR LIABILITIES

(7,413

)

-

NET ASSETS

83,207

22

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

83,197

12

SHAREHOLDERS' FUNDS

83,207

22

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 May 2025 and were signed on its behalf by:

P J Rimmer - Director

1.	STATUTORY INFORMATION

Exabyte Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

17,245

Additions

54,420

At 31 March 2025

71,665

DEPRECIATION

At 1 April 2024

16,460

Charge for year

15,466

At 31 March 2025

31,926

NET BOOK VALUE

At 31 March 2025

39,739

At 31 March 2024

785

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

109,349

53,216

Other debtors

120

12,014

109,469

65,230

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,216

7,216

Hire purchase contracts

3,491

-

Trade creditors

46,530

13,680

Taxation and social security

92,636

54,417

Other creditors

2,243

1,550

152,116

76,863

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

30,098

37,283

Hire purchase contracts

35,053

-

65,151

37,283

2025

2024

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,234

8,419

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the directors' current account was overdrawn in the sum of £120 (2024: £12,014) This has subsequently cleared.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P J Rimmer.