Company Registration No. NI674113 (Northern Ireland)
Excalibur Press Ltd
Unaudited accounts
for the period from 1 December 2023 to 27 January 2025
Excalibur Press Ltd
Unaudited accounts
Contents
Excalibur Press Ltd
Company Information
for the period from 1 December 2023 to 27 January 2025
Director
Christina Suzanne Calder
Company Number
NI674113 (Northern Ireland)
Registered Office
NORTH DERBY STREET
BELFAST
BT15 3HN
United Kingdom
Accountants
DJB Accounting Ltd
34 Knockmoyle Drive
Greystone Road
Antrim
BT41 1HE
Excalibur Press Ltd
Accountants' report
Accountants' report to the director of Excalibur Press Ltd on the preparation of the unaudited statutory accounts for the period from 1 December 2023 to 27 January 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Excalibur Press Ltd for the period from
1 December 2023 to
27 January 2025 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Excalibur Press Ltd, as a body, in accordance with the terms of our engagement letter dated 22 February 2025. Our work has been undertaken solely to prepare for your approval the accounts of Excalibur Press Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Excalibur Press Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Excalibur Press Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Excalibur Press Ltd. You consider that Excalibur Press Ltd is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Excalibur Press Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
DJB Accounting Ltd
34 Knockmoyle Drive
Greystone Road
Antrim
BT41 1HE
22 February 2025
Excalibur Press Ltd
Statement of financial position
as at 27 January 2025
Intangible assets
6,000
7,000
Tangible assets
9,095
12,524
Cash at bank and in hand
18,137
5,476
Creditors: amounts falling due within one year
(124,525)
(95,035)
Net current liabilities
(90,090)
(67,966)
Total assets less current liabilities
(74,995)
(48,442)
Creditors: amounts falling due after more than one year
-
(10,125)
Net liabilities
(74,995)
(58,567)
Called up share capital
1
1
Profit and loss account
(74,996)
(58,568)
Shareholders' funds
(74,995)
(58,567)
For the period ending 27 January 2025 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 22 February 2025 and were signed on its behalf by
Christina Suzanne Calder
Director
Company Registration No. NI674113
Excalibur Press Ltd
Notes to the Accounts
for the period from 1 December 2023 to 27 January 2025
Excalibur Press Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI674113. The registered office is NORTH DERBY STREET, BELFAST, BT15 3HN, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25% Straight Line
Computer equipment
25% Straight Line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Expenditure on research and development is written off in the year in which it is incurred.
Excalibur Press Ltd
Notes to the Accounts
for the period from 1 December 2023 to 27 January 2025
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Charge for the period
1,000
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2023
3,646
12,009
15,655
At 27 January 2025
4,092
12,209
16,301
At 1 December 2023
729
2,402
3,131
Charge for the period
1,023
3,052
4,075
At 27 January 2025
1,752
5,454
7,206
At 27 January 2025
2,340
6,755
9,095
At 30 November 2023
2,917
9,607
12,524
Excalibur Press Ltd
Notes to the Accounts
for the period from 1 December 2023 to 27 January 2025
Amounts falling due within one year
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2025
2023
Bank loans and overdrafts
1,703
7,899
Trade creditors
16,597
1,354
Taxes and social security
16,096
23,608
Loans from directors
37,745
25,714
8
Creditors: amounts falling due after more than one year
2025
2023
9
Average number of employees
During the period the average number of employees was 3 (2023: 5).