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Company registration number: 08841318
Excess IT Solutions Limited
Unaudited filleted financial statements
31 January 2025
Excess IT Solutions Limited
Contents
Balance sheet
Notes to the financial statements
Excess IT Solutions Limited
Balance sheet
31 January 2025

|  |  | 2025 |  |  |  | 2024 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Tangible assets |  | 5 | 8,134 |  |  |  | 9,473 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  |  |  | 8,134 |  |  |  | 9,473
Current assets |  |  |  |  |  |  |  |  |
Stocks |  |  | 10,000 |  |  |  | 12,532 |  |
Debtors |  | 6 | 5,737 |  |  |  | 2,863 |  |
Cash at bank and in hand |  |  | 6,708 |  |  |  | 6,895 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 22,445 |  |  |  | 22,290 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  | 7 | ( 21,697) |  |  |  | ( 17,290) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current assets |  |  |  |  | 748 |  |  |  | 5,000
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 8,882 |  |  |  | 14,473
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
after more than one year |  | 8 |  |  | ( 18,977) |  |  |  | ( 23,680)
|  |  |  |  | _______ |  |  |  | _______
Net liabilities |  |  |  |  | ( 10,095) |  |  |  | ( 9,207)
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 10 |  |  |  | 10
Profit and loss account |  |  |  |  | ( 10,105) |  |  |  | ( 9,217)
|  |  |  |  | _______ |  |  |  | _______
Shareholders deficit |  |  |  |  | ( 10,095) |  |  |  | ( 9,207)
|  |  |  |  | _______ |  |  |  | _______

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 01 October 2025 , and are signed on behalf of the board by:
Mr Mark Hancox
Director
Company registration number: 08841318
Excess IT Solutions Limited
Notes to the financial statements
Year ended 31 January 2025
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Unit E5, Halesfield 23, Telford, Shropshire, TF7 4NY.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The financial statements have been prepared on a going concern basis. The directors have assessed the company’s financial position and consider it has adequate resources to continue in operational existence for the foreseeable future.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 20 % | reducing balance
| Fittings fixtures and equipment | - | 25 % | reducing balance
| Motor vehicles | - | 20 % | reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Stocks
Inventories are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the inventories to their present location and condition. The company does not recognise as inventory goods held on its premises that are owned by a third party. At the balance sheet date the company held a quantity of stock on behalf of a charity. As the company has no ownership interest in these goods, they are excluded from the balance sheet. Income is recognised only in respect of commission or fees receivable by the company on sale of such goods.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
Cash held on behalf of third parties
The company holds funds in its bank account that represent monies belonging to third parties. Such balances are recognised as both an asset (cash at bank) and a corresponding liability within creditors, as the company has no beneficial interest in these funds. Only amounts contractually due to the company, such as commission or fees, are recognised as income.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 7 (2024: 5 ).
5. Tangible assets

|  | Plant and machinery | Fixtures, fittings and equipment | Motor vehicles | Total |  |  |
|  | £ | £ | £ | £ |  |  |
| Cost |  |  |  |  |  |  |
| At 1 February 2024 | 8,110 | 7,880 | 7,000 | 22,990 |  |  |
| Additions | - | 704 | - | 704 |  |  |
| Disposals | - | ( 653) | - | ( 653) |  |  |
|  | _______ | _______ | _______ | _______ |  |  |
| At 31 January 2025 | 8,110 | 7,931 | 7,000 | 23,041 |  |  |
|  | _______ | _______ | _______ | _______ |  |  |
| Depreciation |  |  |  |  |  |  |
| At 1 February 2024 | 6,318 | 5,876 | 1,323 | 13,517 |  |  |
| Charge for the year | 358 | 550 | 1,135 | 2,043 |  |  |
| Disposals | - | ( 653) | - | ( 653) |  |  |
|  | _______ | _______ | _______ | _______ |  |  |
| At 31 January 2025 | 6,676 | 5,773 | 2,458 | 14,907 |  |  |
|  | _______ | _______ | _______ | _______ |  |  |
| Carrying amount |  |  |  |  |  |  |
| At 31 January 2025 | 1,434 | 2,158 | 4,542 | 8,134 |  |  |
|  | _______ | _______ | _______ | _______ |  |  |
| At 31 January 2024 | 1,792 | 2,004 | 5,677 | 9,473 |  |  |
|  | _______ | _______ | _______ | _______ |  |  |

6. Debtors

|  |  | 2025 | 2024
|  |  | £ | £
| Trade debtors |  | 708 | 1,542
| Other debtors |  | 5,029 | 1,321
|  |  | _______ | _______
|  |  | 5,737 | 2,863
|  |  | _______ | _______

7. Creditors: amounts falling due within one year

|  |  | 2025 | 2024
|  |  | £ | £
| Bank loans and overdrafts |  | 5,121 | 2,640
| Trade creditors |  | 7,361 | 3,806
| Social security and other taxes |  | 3,828 | 7,278
| Other creditors |  | 5,387 | 3,566
|  |  | _______ | _______
|  |  | 21,697 | 17,290
|  |  | _______ | _______

8. Creditors: amounts falling due after more than one year

|  |  | 2025 | 2024
|  |  | £ | £
| Other creditors |  | 18,977 | 23,680
|  |  | _______ | _______