REGISTERED NUMBER: 10403484 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2025

for

Excel Ventures Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Shah

Mrs S Shah

REGISTERED OFFICE:

Suite 2000

16-18 Woodford Road

London

E7 0HA

REGISTERED NUMBER:

10403484 (England and Wales)

ACCOUNTANTS:

Emmerson Accountancy Ltd

Atlantic Business Centre

Atlantic Street

Altrincham

Cheshire

WA14 5NQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

10,468

13,928

10,468

13,928

CURRENT ASSETS

Debtors

6

347,114

353,328

Cash at bank

44,410

65,106

391,524

418,434

CREDITORS

Amounts falling due within one year

7

23,868

15,904

NET CURRENT ASSETS

367,656

402,530

TOTAL ASSETS LESS CURRENT LIABILITIES

378,124

416,458

CREDITORS

Amounts falling due after more than one year

8

8,129

18,129

NET ASSETS

369,995

398,329

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

369,993

398,327

SHAREHOLDERS' FUNDS

369,995

398,329

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 7 May 2026 and were signed on its behalf by:

S Shah - Director

1.	STATUTORY INFORMATION

Excel Ventures Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise Fee are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Franchise

Fee

£

COST

At 1 October 2024

and 30 September 2025

59,139

AMORTISATION

At 1 October 2024

and 30 September 2025

59,139

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 October 2024

and 30 September 2025

689

47,872

6,836

55,397

DEPRECIATION

At 1 October 2024

472

36,512

4,485

41,469

Charge for year

33

2,840

587

3,460

At 30 September 2025

505

39,352

5,072

44,929

NET BOOK VALUE

At 30 September 2025

184

8,520

1,764

10,468

At 30 September 2024

217

11,360

2,351

13,928

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

29,666

35,880

Other debtors

317,448

317,448

347,114

353,328

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

476

461

Tax

8,859

3,107

Social security and other taxes

2,711

5,323

VAT

11,416

6,677

Directors' current accounts

149

86

Accrued expenses

257

250

23,868

15,904

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Other loans - 1-2 years

8,129

18,129

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

1

Ordinary

£1

2

2

10.

RESERVES

Retained

earnings

£

At 1 October 2024

398,327

Profit for the year

34,306

Dividends

(62,640

)

At 30 September 2025

369,993