EXEL HOLDINGS PROPERTIES LTD

EXEL HOLDINGS PROPERTIES LTD
Contents Page
For the year ended 31 March 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

EXEL HOLDINGS PROPERTIES LTD Accountants' Report For the year ended 31 March 2025
Report to the directors on the preparation of the unaudited statutory accounts of EXEL HOLDINGS PROPERTIES LTD for the year ended 31 March 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of EXEL HOLDINGS PROPERTIES LTD for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/. This report is made solely to the Board of Directors of EXEL HOLDINGS PROPERTIES LTD, as a body, in accordance with the terms of our engagement letter dated 29 December 2025. Our work has been undertaken solely to prepare for your approval the accounts of EXEL HOLDINGS PROPERTIES LTD and state those matters that we have agreed to state to the Board of Directors of EXEL HOLDINGS PROPERTIES LTD, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EXEL HOLDINGS PROPERTIES LTD and its Board of Directors as a body for our work or for this report. It is your duty to ensure that EXEL HOLDINGS PROPERTIES 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 profit of EXEL HOLDINGS PROPERTIES LTD. You consider that EXEL HOLDINGS PROPERTIES LTD is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of EXEL HOLDINGS PROPERTIES 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 31 March 2025. .................................................... J and Co. Accountants 85 Great Portland Street,,W1W 7LT First Floor LONDON United Kingdom W1W 7LT 29 December 2025 1

EXEL HOLDINGS PROPERTIES LTD
Accountants' Report
For the year ended 31 March 2025

Report to the directors on the preparation of the unaudited statutory accounts of EXEL HOLDINGS PROPERTIES LTD for the year ended 31 March 2025.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of EXEL HOLDINGS PROPERTIES LTD for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/.
This report is made solely to the Board of Directors of EXEL HOLDINGS PROPERTIES LTD, as a body, in accordance with the terms of our engagement letter dated 29 December 2025. Our work has been undertaken solely to prepare for your approval the accounts of EXEL HOLDINGS PROPERTIES LTD and state those matters that we have agreed to state to the Board of Directors of EXEL HOLDINGS PROPERTIES LTD, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EXEL HOLDINGS PROPERTIES LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that EXEL HOLDINGS PROPERTIES 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 profit of EXEL HOLDINGS PROPERTIES LTD. You consider that EXEL HOLDINGS PROPERTIES LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of EXEL HOLDINGS PROPERTIES 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
31 March 2025.

....................................................
J and Co. Accountants
85 Great Portland Street,,W1W 7LT
First Floor
LONDON
United Kingdom
W1W 7LT
29 December 2025

1

EXEL HOLDINGS PROPERTIES LTD
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £ (as restated)
Fixed assets
Tangible fixed assets	3	815,000	530,000
		815,000	530,000
Current assets
Cash at bank and in hand		14,691	9,953
Creditors: amount falling due within one year		(41,143)	(3,823)
Net current assets		(26,452)	6,130

Total assets less current liabilities		788,548	536,130
Creditors: amount falling due after more than one year		(770,998)	(531,718)
Net assets		17,550	4,412

Capital and reserves
Called up share capital	4	100	100
Profit and loss account		17,450	4,312
Shareholders' funds		17,550	4,412

For the year ended 31 March 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 accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 29 December 2025 and were signed on its behalf by:

-------------------------------
Temitayo Adeleke FABIYI
Director

2

EXEL HOLDINGS PROPERTIES LTD
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

EXEL HOLDINGS PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 14715942, registration address 56 HIGH STREET, NORMANTON ENGLAND, WF6 2AQ.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

3.

Tangible fixed assets

Cost or valuation	Investment properties	Total
	£	£
At 01 April 2024	530,000	530,000
Additions	285,000	285,000
Disposals	-	-
At 31 March 2025	815,000	815,000
Depreciation
At 01 April 2024	-	-
Charge for year	-	-
On disposals	-	-
At 31 March 2025	-	-
Net book values
Closing balance as at 31 March 2025	815,000	815,000
Opening balance as at 01 April 2024	530,000	530,000

4.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

3

Registered Number: 14715942
England and Wales
EXEL HOLDINGS PROPERTIES LTD

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025