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Company registration number: 03712040
Exousia Ltd
Unaudited filleted financial statements
31 May 2025
Exousia Ltd
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Exousia Ltd
Directors and other information
Director Mr Savash Tayfun Munir
Secretary Mrs Angela Bernadine Munir
Company number 03712040
Registered office 53 Hindes Road
Harrow
Middx
HA1 1SQ
Accountants Doshi & Co. Accountants
6th Floor, AMP House
Dingwall Road
Croydon
CR0 2LX
Exousia Ltd
Chartered accountants report to the director on the preparation of the
unaudited statutory financial statements of Exousia Ltd
Year ended 31 May 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Exousia Ltd for the year ended 31 May 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the director of Exousia Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Exousia Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Exousia Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Exousia Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Exousia Ltd. You consider that Exousia 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 financial statements of Exousia 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 financial statements.
Doshi & Co. Accountants
6th Floor, AMP House
Dingwall Road
Croydon
CR0 2LX
20 October 2025
Exousia Ltd
Statement of financial position
31 May 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 5 1,682 1,682
_______ _______
1,682 1,682
Current assets
Cash at bank and in hand 53,109 55,218
_______ _______
53,109 55,218
Creditors: amounts falling due
within one year 6 ( 54,706) ( 56,415)
_______ _______
Net current liabilities ( 1,597) ( 1,197)
_______ _______
Total assets less current liabilities 85 485
_______ _______
Net assets 85 485
_______ _______
Capital and reserves
Called up share capital 2 2
Profit and loss account 83 483
_______ _______
Shareholders funds 85 485
_______ _______
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's 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 director acknowledges 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 statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 20 October 2025 , and are signed on behalf of the board by:
Mr Savash Tayfun Munir
Director
Company registration number: 03712040
Exousia Ltd
Notes to the financial statements
Year ended 31 May 2025
1. General information
The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is 53 Hindes Road, Harrow, Middx, HA1 1SQ.
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.
Income statement policy
The company is dormant as defined by section 1169 of the Companies Act 2006. The company incurred no significant transactions during the current year or prior year.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
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:
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.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).
5. Tangible assets
Fixtures, fittings and equipment Total
£ £
Cost
At 1 June 2024 and 31 May 2025 2,243 2,243
_______ _______
Depreciation
At 1 June 2024 and 31 May 2025 561 561
_______ _______
Carrying amount
At 31 May 2025 1,682 1,682
_______ _______
At 31 May 2024 1,682 1,682
_______ _______
6. Creditors: amounts falling due within one year
2025 2024
£ £
Trade creditors - 1
Other creditors 54,706 56,414
_______ _______
54,706 56,415
_______ _______