Excel Marine Holdings Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—4

Registered number: 14288459

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		75,331		94,164
Investments	5		275,000		275,000

			350,331		369,164
CURRENT ASSETS
Debtors	6	-		1

		-		1
Creditors: Amounts Falling Due Within One Year	7	(413,869 )		(410,453 )

NET CURRENT ASSETS (LIABILITIES)			(413,869 )		(410,452 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(63,538 )		(41,288 )

NET LIABILITIES			(63,538 )		(41,288 )

CAPITAL AND RESERVES
Called up share capital	8		1		1
Income Statement			(63,539 )		(41,289 )

SHAREHOLDERS' FUNDS			(63,538)		(41,288)

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Excel Marine Holdings Limited

Statement of Financial Position (continued)

As At 31 August 2025

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr J B Taylor

Director

27/03/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Excel Marine Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14288459 . The registered office is Unit 15 Anders Lichfield Road Industrial Estate, Tamworth, Staffordshire, B79 7TA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

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

2.2. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of seven years.

2.3. Investment in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 September 2024	131,830

As at 31 August 2025	131,830

Amortisation
As at 1 September 2024	37,666
Provided during the period	18,833

As at 31 August 2025	56,499

Net Book Value
As at 31 August 2025	75,331

As at 1 September 2024	94,164

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Excel Marine Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

5. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 September 2024	275,000

As at 31 August 2025	275,000

Provision
As at 1 September 2024	-

As at 31 August 2025	-

Net Book Value
As at 31 August 2025	275,000

As at 1 September 2024	275,000

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	-	1

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Amounts owed to group undertakings	368,258	409,653
Other creditors	45,611	800

	413,869	410,453

8. Share Capital

	2025	2024
	£	£
Called Up Share Capital not Paid	-	1
Called Up Share Capital has been paid up	1	-

Amount of Allotted, Called Up Share Capital	1	1

9. Related Party Transactions

The company has provided a fixed charge security 14/12/22 in respect of the borrowings of a related company Murlac Ltd. At 30th June 2025, the total loan outstanding in Murlac Ltd accounts was £29,388 (2024 £38,686).

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