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Registration number: 00075176

Excelsior Group International Limited
Annual Report and Unaudited Filleted Financial Statements
for the Year Ended 30 September 2025

Excelsior Group International Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 11

Excelsior Group International Limited

Company Information

Directors | Mr J Fielding Mr G Fielding Mr S Davies Mr J K S Fielding Mr M Proudfoot

Company secretary | Mr J Fielding

Registered office | Hartshead Works Deal Street Bury BL9 7PU

Accountants | HML Davies Limited Chartered Certified Accountant9 Riverside Waters Meeting Road Bolton BL1 8TU

Excelsior Group International Limited

(Registration number: 00075176)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 1,325,781 | 1,392,719
Investments | 5 | 66,979 | 66,979
Debtors | 6 | 468,125 | -
|  | 1,860,885 | 1,459,698
Current assets |  |  |
Debtors | 6 | 996,410 | 1,277,239
Cash at bank and in hand |  | 58,451 | 51,313
|  | 1,054,861 | 1,328,552
Creditors: Amounts falling due within one year | 7 | (295,681) | (136,278)
Net current assets |  | 759,180 | 1,192,274
Total assets less current liabilities |  | 2,620,065 | 2,651,972
Creditors: Amounts falling due after more than one year | 7 | (107,187) | (119,286)
Provisions for liabilities |  | (181,766) | (202,361)
Net assets |  | 2,331,112 | 2,330,325
Capital and reserves |  |  |
Called up share capital | 8 | 114,505 | 114,505
Share premium reserve |  | 167,100 | 167,100
Revaluation reserve |  | 733,521 | 748,521
Retained earnings |  | 1,315,986 | 1,300,199
Shareholders' funds |  | 2,331,112 | 2,330,325

For the financial year ending 30 September 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; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Excelsior Group International Limited

(Registration number: 00075176)
Balance Sheet as at 30 September 2025

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 April 2026 and signed on its behalf by:

......................................... Mr J Fielding Company secretary and director
......................................... Mr G Fielding Director

Excelsior Group International Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Hartshead Works
Deal Street
Bury
BL9 7PU

These financial statements were authorised for issue by the Board on 29 April 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover represents amounts receivable for management charges net of VAT and trade discounts, to the extent that the company has a right to consideration arising from the performance of its contractual arrangements.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used.

Excelsior Group International Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Freehold property is measured at fair value, less any subsequent accumulated depreciation and subsequent accumulated impairment losses
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Freehold property | 2% straight line
Plant and machinery | 10%/20% straight line
Motor vehicles | 25% straight line

Investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit and loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.
Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Excelsior Group International Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

Excelsior Group International Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4 | Tangible assets

| Land and buildings £ | Plant and machinery £ | Motor vehicles £ | Total £
Cost or valuation
At 1 October 2024 | 1,200,000 | 69,773 | 295,579 | 1,565,352
Additions | - | - | 54,834 | 54,834
Disposals | - | - | (53,778) | (53,778)
At 30 September 2025 | 1,200,000 | 69,773 | 296,635 | 1,566,408
Depreciation
At 1 October 2024 | 20,000 | 59,604 | 93,029 | 172,633
Charge for the year | 20,000 | 5,002 | 71,001 | 96,003
Eliminated on disposal | - | - | (28,009) | (28,009)
At 30 September 2025 | 40,000 | 64,606 | 136,021 | 240,627
Carrying amount
At 30 September 2025 | 1,160,000 | 5,167 | 160,614 | 1,325,781
At 30 September 2024 | 1,180,000 | 10,169 | 202,550 | 1,392,719

Freehold property with a carrying amount of £500,000 was revalued on 31 March 2024 by Nolan Redshaw, an independent valuer not connected with the company on a market value basis. This valuation has increased the carrying amount of the property from £500,000 to £1,200,000 resulting in a revaluation surplus of £700,000. The revaluation surplus has been recognised in other comprehensive income and credited to the revaluation reserve.
If revalued assets were stated on an historical cost basis rather than a fair value basis, the total amounts included would have been as follows:

| 2024 |  | 2023
| £ |  | £
Cost | 524,349 |  | 524,349
Accumulated depreciation | (412,630) |  | (397,654)
Carrying value | 111,719 |  | 126,695

Excelsior Group International Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

5 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 66,979 | 66,979

6 | Debtors

Current | Note | 2025 £ | 2024 £
Amounts owed by related parties | 12 | 931,785 | 1,215,225
Prepayments |  | 57,041 | 62,014
Other debtors |  | 7,584 | -
|  | 996,410 | 1,277,239

Non-current | Note | 2025 £ | 2024 £
Amounts owed by related parties | 12 | 350,000 | -
Corporation tax recoverable |  | 118,125 | -
|  | 468,125 | -

Included within non-current debtors is an amount due from a director of £350,000 (2024: £NIL). The loan is repayable after 10 years and bears interest at the official rate of interest.
Non-current debtors also include £118,125 (2025: £NIL) in respect of corporation tax paid under CTA 2010 s455, which is recoverable once the loan is repaid or otherwise cleared.

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings |  | 53,381 | 55,297
Trade creditors |  | 61,708 | 62,340
Taxation and social security |  | 177,057 | 13,779
Accruals and deferred income |  | 3,535 | 4,862
|  | 295,681 | 136,278

Net obligations under hire purchase contracts of £53,381 (2024: £55,297) are secured by fixed charges on the assets concerned.

Excelsior Group International Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings |  | 107,187 | 119,286

Net obligations under hire purchase contracts of £107,187 (2024: £119,286) are secured by fixed charges on the assets concerned.

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £5 each | 4,256 | 21,280 | 4,256 | 21,280
A ordinary of £5 each | 9,303 | 46,515 | 9,303 | 46,515
B ordinary of £5 each | 9,242 | 46,210 | 9,242 | 46,210
C ordinary of £5 each | 100 | 500 | 100 | 500
| 22,901 | 114,505 | 22,901 | 114,505

9 | Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:

| Revaluation reserve £ | Total £
Depreciation of buildings | (20,000) | (20,000)
Deferred taxation arising on the revaluation of land and buildings | 5,000 | 5,000
| (15,000) | (15,000)

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

| Revaluation reserve £ | Total £
Gain on revaluation of land and buildings | 700,000 | 700,000
Depreciation of buildings | (20,000) | (20,000)
Deferred taxation arising on the revaluation of land and buildings | (170,000) | (170,000)
| 510,000 | 510,000

Excelsior Group International Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

A deferred tax liability is recognised on the revaluation gain

10 | Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

| 2025 £ | 2024 £
Not later than one year | 4,326 | 4,326
Later than one year and not later than five years | 4,326 | 8,652
| 8,652 | 12,978

11 | Financial commitments, guarantees and contingencies

The company has a composite banking arrangement whereby the company's bankers are permitted, in certain circumstances, to apply credit balances within the group against other group debit bank balances. As part of this, the company has provided a guarantee to the group's bankers in respect of all bank borrowings of other group undertakings.
At 30 September 2025, group bank indebtedness amounted to £nil (2024: £nil).
There were no contingent liabilities at either 30 September 2025 or 30 September 2024.

Excelsior Group International Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

12 | Related party transactions

The company has a wholly owned subsidiary, Excelsior Roto Moulding Limited therefore in accordance with paragraph 33.1A of FRS102 it is not required to disclose transactions with this company.
During the year the company advanced £350,000 to a director (2025: £NIL). At the year end the balance outstanding was £350,000 (2025: £NIL). The loan is repayable after 10 years and bears interest at the official rate of interest.

Income and receivables from related parties

2025 | Entities with joint control or significant influence £
Management charges | 17,400
Amounts receivable from related party | 238,018

2024 | Entities with joint control or significant influence £
Management charges | 17,400
Amounts receivable from related party | 272,321