Company registration number 05145927 (England and Wales)
EXPA LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
PAGES FOR FILING WITH REGISTRAR
EXPA LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
EXPA LIMITED
BALANCE SHEET
AS AT 30 JUNE 2025
30 June 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
18,487
24,100
Current assets
Debtors
4
4,240
2,601
Cash at bank and in hand
55,823
66,482
60,063
69,083
Creditors: amounts falling due within one year
5
(53,497)
(53,558)
Net current assets
6,566
15,525
Total assets less current liabilities
25,053
39,625
Creditors: amounts falling due after more than one year
6
(1,667)
(11,667)
Provisions for liabilities
(3,513)
(6,025)
Net assets
19,873
21,933
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
19,872
21,932
Total equity
19,873
21,933
EXPA LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2025
30 June 2025
- 2 -

For the financial year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 his responsibilities for complying with the requirements of the Companies Act 2006 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.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 10 March 2026
Mr P James
Director
Company registration number 05145927 (England and Wales)
EXPA LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
- 3 -
1
Accounting policies
Company information

Expa Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1 Brynlluan, Gorslas, Llanelli, Carmarthenshire, SA14 7HR.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% reducing balance
Fixtures and fittings
25% reducing balance
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

EXPA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
3
3
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
Cost
At 1 July 2024
13,536
3,867
38,567
55,970
Additions
250
190
-
0
440
At 30 June 2025
13,786
4,057
38,567
56,410
Depreciation and impairment
At 1 July 2024
10,918
3,163
17,787
31,868
Depreciation charged in the year
672
188
5,195
6,055
At 30 June 2025
11,590
3,351
22,982
37,923
Carrying amount
At 30 June 2025
2,196
706
15,585
18,487
At 30 June 2024
2,617
703
20,780
24,100
EXPA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 5 -
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
3,828
2,601
Other debtors
412
-
0
4,240
2,601
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
10,000
10,000
Trade creditors
8,996
8,996
Corporation tax
3,763
2,749
Other taxation and social security
80
379
Other creditors
30,658
31,434
53,497
53,558

The bank loan is repayable by equal monthly instalments and interest is payable at 2.5% per annum. The bank loan is unsecured.

6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loan
1,667
11,667

The bank loan is repayable by equal monthly instalments and interest is payable at 2.5% per annum. The bank loan is unsecured.

2025-06-30 2024-07-01 false false false 11 March 2026 CCH Software CCH Accounts Production 2025.100 No description of principal activity Mr P James 05145927 2024-07-01 2025-06-30 05145927 2025-06-30 05145927 2024-06-30 05145927 core:PlantMachinery 2025-06-30 05145927 core:FurnitureFittings 2025-06-30 05145927 core:MotorVehicles 2025-06-30 05145927 core:PlantMachinery 2024-06-30 05145927 core:FurnitureFittings 2024-06-30 05145927 core:MotorVehicles 2024-06-30 05145927 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 05145927 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 05145927 core:ShareCapital 2025-06-30 05145927 core:ShareCapital 2024-06-30 05145927 core:RetainedEarningsAccumulatedLosses 2025-06-30 05145927 core:RetainedEarningsAccumulatedLosses 2024-06-30 05145927 bus:Director1 2024-07-01 2025-06-30 05145927 core:PlantMachinery 2024-07-01 2025-06-30 05145927 core:FurnitureFittings 2024-07-01 2025-06-30 05145927 core:MotorVehicles 2024-07-01 2025-06-30 05145927 2023-07-01 2024-06-30 05145927 core:PlantMachinery 2024-06-30 05145927 core:FurnitureFittings 2024-06-30 05145927 core:MotorVehicles 2024-06-30 05145927 2024-06-30 05145927 core:CurrentFinancialInstruments 2025-06-30 05145927 core:CurrentFinancialInstruments 2024-06-30 05145927 core:WithinOneYear 2025-06-30 05145927 core:WithinOneYear 2024-06-30 05145927 core:Non-currentFinancialInstruments 2025-06-30 05145927 core:Non-currentFinancialInstruments 2024-06-30 05145927 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 05145927 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 05145927 bus:FRS102 2024-07-01 2025-06-30 05145927 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 05145927 bus:FullAccounts 2024-07-01 2025-06-30 xbrli:pure xbrli:shares iso4217:GBP