Procurexcellence Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 12499957

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		3,400		4,250
Tangible Assets	5		18,159		11,392

			21,559		15,642
CURRENT ASSETS
Debtors	6	664,915		332,788
Cash at bank		413,675		5,798

		1,078,590		338,586
Creditors: Amounts Falling Due Within One Year	7	(717,530 )		(237,107 )

NET CURRENT ASSETS (LIABILITIES)			361,060		101,479

TOTAL ASSETS LESS CURRENT LIABILITIES			382,619		117,121

NET ASSETS			382,619		117,121

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			382,519		117,021

SHAREHOLDERS' FUNDS			382,619		117,121

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Procurexcellence Limited

Balance Sheet (continued)

As At 31 March 2026

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 J Warne

Director

11/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Procurexcellence Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12499957 . The registered office is Unit C1 Windsor Road, Downham, Billericay, Essex, CM11 1QE.

2. Accounting Policies

2.1. Basis of Preparation of 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.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten years.

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.

2.4. Tangible Fixed Assets and Depreciation

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

Office	- 25% on reducing balance
Equipment, fixtures & fittings	- 25% on reducing balance

2.5. 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.

2.6. 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.

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Procurexcellence Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.7. Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful life. Those held under finance lease are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charges to the profit or loss over the the relevant period. The capital element of of the future payments is treated as a liability.

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

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2025: 3)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2025	8,500

As at 31 March 2026	8,500

Amortisation
As at 1 April 2025	4,250
Provided during the period	850

As at 31 March 2026	5,100

Net Book Value
As at 31 March 2026	3,400

As at 1 April 2025	4,250

5. Tangible Assets

	Office	Equipment, fixtures & fittings	Total
	£	£	£
Cost
As at 1 April 2025	8,949	12,633	21,582
Additions	-	12,820	12,820

As at 31 March 2026	8,949	25,453	34,402

...CONTINUED

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Procurexcellence Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

Depreciation
As at 1 April 2025	3,915	6,275	10,190
Provided during the period	1,259	4,794	6,053

As at 31 March 2026	5,174	11,069	16,243

Net Book Value
As at 31 March 2026	3,775	14,384	18,159

As at 1 April 2025	5,034	6,358	11,392

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	664,915	332,628
Other debtors and prepayments	-	160

	664,915	332,788

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	535,472	203,749
Corporation tax	97,278	4,579
Social security & other taxes	7,394	947
VAT creditor	75,867	22,514
Other creditors & accruals	1,500	4,560
Director's loan account	19	758

	717,530	237,107

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