Excalibur Auctions Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 10001872 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2025 TO 31 DECEMBER 2025

FOR

EXCALIBUR AUCTIONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTOR:

Mrs S E Joyner

REGISTERED OFFICE:

16 Abbots Business Park

Primrose Hill

Kings Langley

WD4 8FR

REGISTERED NUMBER:

10001872 (England and Wales)

ACCOUNTANTS:

Beyond Accounting Limited

20 Abbots Business Park

Primrose Hill

Kings Langley

Hertfordshire

WD4 8FR

FIXED ASSETS

Tangible assets

4

20,048

31,740

CURRENT ASSETS

Stocks

5

13,247

12,730

Debtors

6

27,786

138,597

Cash at bank

147,995

76,916

189,028

228,243

CREDITORS

Amounts falling due within one year

7

131,684

166,054

NET CURRENT ASSETS

57,344

62,189

TOTAL ASSETS LESS CURRENT
LIABILITIES

77,392

93,929

CREDITORS

Amounts falling due after more than one year

8

18,985

23,152

NET ASSETS

58,407

70,777

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

58,405

70,775

SHAREHOLDERS' FUNDS

58,407

70,777

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 21 May 2026 and were signed by:

Mrs S E Joyner - Director

1.	STATUTORY INFORMATION

Excalibur Auctions 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

Auction revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Auction revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Office equipment

-

25% on reducing balance

Motor vehicles

-

Straight line over 5 years

Computer equipment

-

Straight line over 3 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period 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 period 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 period was 6 (2025 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Office

Motor

Computer

equipment

vehicles

equipment

Totals

£

COST

At 1 April 2025

19,313

62,666

16,470

98,449

Additions

-

313

At 31 December 2025

19,313

62,666

16,783

98,762

DEPRECIATION

At 1 April 2025

10,455

42,913

13,341

66,709

Charge for period

1,199

9,400

1,406

12,005

At 31 December 2025

11,654

52,313

14,747

78,714

NET BOOK VALUE

At 31 December 2025

7,659

10,353

2,036

20,048

At 31 March 2025

8,858

19,753

3,129

31,740

5.

STOCKS

31.12.25

31.3.25

£

Stocks

13,247

12,730

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.3.25

£

Trade debtors

-

100,708

Other debtors

16,387

17,587

Prepayments

11,399

20,302

27,786

138,597

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.3.25

£

Bank loans and overdrafts

5,555

Other loans

-

10,493

Trade creditors

99,251

127,667

Taxation

-

2,724

Social security and other taxes

-

2,525

Value added tax

8,798

4,619

Other creditors

7,317

3,709

Directors' current accounts

954

657

Accruals

9,809

8,105

131,684

166,054

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.25

31.3.25

£

Bank loans - 1-2 years

5,555

Bank loans - 2-5 years

13,430

16,666

Bank loans - over 5 years

-

931

18,985

23,152

Amounts falling due in more than five years:

Repayable by instalments

Bank loans - over 5 years

-

931

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Excalibur Auctions Ltd for the period ended 31 December 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of Excalibur Auctions Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Excalibur Auctions Ltd and state those matters that we have agreed to state to the director of Excalibur Auctions Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Excalibur Auctions Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Excalibur Auctions Ltd. You consider that Excalibur Auctions Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Excalibur Auctions Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Beyond Accounting Limited

20 Abbots Business Park

Primrose Hill

Kings Langley

Hertfordshire

WD4 8FR

21 May 2026