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Registered number: 06471217
Excelligence Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
TGP (NE) T/A MyAccountant
Contents
Page
Company Information 1
Accountant's Report 2
Balance Sheet 3—4
Notes to the Financial Statements 5—7
Page 1
Company Information
Director Mr A J Loughnane
Secretary Mrs A T Head
Company Number 06471217
Registered Office C/O MyAccountant, 8th Floor, Spaces Castle Park
The Programme Building, The Pithay
Bristol
BS1 2NB
Accountants TGP (NE) T/A MyAccountant
C/O 17 Enterprise Court
Cramlington
NE23 1LZ
Page 1
Page 2
Accountant's Report
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval
the accounts of Excelligence Ltd for the year ended 31 March 2026 as set out on pages 4 to 10 from the
company's accounting records and from information and explanations you have given us.
It is your duty to ensure that Excelligence Ltd has kept adequate accounting records and to prepare statutory
accounts that give a true and fair view of the assets, liabilities, financial position and loss of Excelligence Ltd.
You consider that Excelligence Ltd is exempt from the statutory audit requirement for the year.
01/07/2026
TGP (NE) T/A MyAccountant
C/O 17 Enterprise Court
Cramlington
NE23 1LZ
Page 2
Page 3
Balance Sheet
Registered number: 06471217
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 26,955 34,772
26,955 34,772
CURRENT ASSETS
Debtors 5 7,071 18,240
Cash at bank and in hand 145,266 193,250
152,337 211,490
Creditors: Amounts Falling Due Within One Year 6 (16,664 ) (24,203 )
NET CURRENT ASSETS (LIABILITIES) 135,673 187,287
TOTAL ASSETS LESS CURRENT LIABILITIES 162,628 222,059
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,739 ) (8,693 )
NET ASSETS 155,889 213,366
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 155,888 213,365
SHAREHOLDERS' FUNDS 155,889 213,366
Page 3
Page 4
For the year ending 31 March 2026 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 Profit and Loss Account.
On behalf of the board
Mr A J Loughnane
Director
01/07/2026
The notes on pages 5 to 7 form part of these financial statements.
Page 4
Page 5
Notes to the Financial Statements
1. General Information
Excelligence Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06471217 . The registered office is C/O MyAccountant, 8th Floor, Spaces Castle Park, The Programme Building, The Pithay, Bristol, BS1 2NB.
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.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% Straight Line
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2025 16,513 48,096 4,520 27,666 96,795
Additions - - - 120 120
As at 31 March 2026 16,513 48,096 4,520 27,786 96,915
Depreciation
As at 1 April 2025 3,455 32,878 2,255 23,435 62,023
Provided during the period 2,477 3,805 567 1,088 7,937
As at 31 March 2026 5,932 36,683 2,822 24,523 69,960
Net Book Value
As at 31 March 2026 10,581 11,413 1,698 3,263 26,955
As at 1 April 2025 13,058 15,218 2,265 4,231 34,772
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 7,020 7,020
Other debtors 51 11,220
7,071 18,240
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Bank loans and overdrafts - 174
Other creditors 2,225 2,080
Taxation and social security 14,439 21,949
16,664 24,203
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1 1
Page 6
Page 7
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2025 Amounts advanced Amounts repaid Amounts written off As at 31 March 2026
£ £ £ £ £
Mr Alan Loughnane 5,797 13,002 (18,799 ) - -
Page 7