0 false false false false false false false false false true false false false false false false No description of principal activity 2020-12-01 Sage Accounts Production Advanced 2020 - FRS102_2019 xbrli:pure xbrli:shares iso4217:GBP 07684471 2020-12-01 2021-11-30 07684471 2021-11-30 07684471 2020-11-30 07684471 bus:Director1 2020-12-01 2021-11-30 07684471 core:WithinOneYear 2021-11-30 07684471 core:WithinOneYear 2020-11-30 07684471 core:ShareCapital 2021-11-30 07684471 core:ShareCapital 2020-11-30 07684471 core:RetainedEarningsAccumulatedLosses 2021-11-30 07684471 core:RetainedEarningsAccumulatedLosses 2020-11-30 07684471 bus:SmallEntities 2020-12-01 2021-11-30 07684471 bus:AuditExemptWithAccountantsReport 2020-12-01 2021-11-30 07684471 bus:AbridgedAccounts 2020-12-01 2021-11-30 07684471 bus:SmallCompaniesRegimeForAccounts 2020-12-01 2021-11-30 07684471 bus:PrivateLimitedCompanyLtd 2020-12-01 2021-11-30
COMPANY REGISTRATION NUMBER: 07684471
Xmetric Limited
Filleted Unaudited Abridged Financial Statements
30 November 2021
Xmetric Limited
Abridged Financial Statements
Year Ended 30 November 2021
Contents
Page
Abridged statement of financial position
1
Notes to the abridged financial statements
3
Xmetric Limited
Abridged Statement of Financial Position
30 November 2021
2021
2020
Note
£
£
Current assets
Debtors
16,780
24,532
Cash at bank and in hand
56,468
45,464
--------
--------
73,248
69,996
Creditors: amounts falling due within one year
( 55,517)
( 51,657)
--------
--------
Net current assets
17,731
18,339
--------
--------
Total assets less current liabilities
17,731
18,339
--------
--------
Net assets
17,731
18,339
--------
--------
Capital and reserves
Called up share capital
40
40
Profit and loss account
17,691
18,299
--------
--------
Shareholders funds
17,731
18,339
--------
--------
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
For the year ending 30 November 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 30 November 2021 in accordance with Section 444(2A) of the Companies Act 2006.
Xmetric Limited
Abridged Statement of Financial Position (continued)
30 November 2021
These abridged financial statements were approved by the board of directors and authorised for issue on 8 August 2022 , and are signed on behalf of the board by:
„„„„„„„„„„„„„
Mr K E Roubaud Director
Company registration number: 07684471
Xmetric Limited
Notes to the Abridged Financial Statements
Year Ended 30 November 2021
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Daws House, 33-35 Daws Lane, London, NW7 4SD, England.
2. Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
3.1 Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
3.2 Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
3.3 Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.