X3 PROPERTIES LIMITED

Company Registration Number:
09343163 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

X3 PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

X3 PROPERTIES LIMITED

Company Information

for the Period Ended 31 December 2021




Director: James Robert Anderson
Ian Anderson
Registered office: 1
The Fellows
Netherton
Huddersfield
England
HD4 7HP
Company Registration Number: 09343163 (England and Wales)

X3 PROPERTIES LIMITED

Directors' Report Period Ended 31 December 2021

The directors present their report with the financial statements of the company for the period ended 31 December 2021

Principal Activities

Construction services and associated activities

Political and charitable donations

Nil

Company policy on the employment of disabled persons

There are no paid employees

Directors

The directors shown below have held office during the whole of the period from 01 January 2021 to 31 December 2021
James Robert Anderson
Ian Anderson

This report was approved by the board of directors on 31 July 2022
And Signed On Behalf Of The Board By:

Name: Ian Anderson
Status: Director

X3 PROPERTIES LIMITED

Profit and Loss Account

for the Period Ended 31 December 2021


Notes

2021
£

2020
£
Turnover 1,253 6,284
Cost of sales ( 0 ) ( 12,124 )
Gross Profit or (Loss) 1,253 ( 5,840 )
Income from coronavirus (COVID-19) business support grants 0 0
Administrative Expenses ( 103 ) ( 918 )
Operating Profit or (Loss) 1,150 ( 6,758 )
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 1,150 ( 6,758 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period 1,150 ( 6,758 )

The notes form part of these financial statements

X3 PROPERTIES LIMITED

Balance sheet

As at 31 December 2021


Notes

2021
£

2020
£
Fixed assets
Tangible assets: 4 35,517 43,504
Total fixed assets: 35,517 43,504
Current assets
Stocks: 9,012 4,891
Debtors: 5 1,504 2,895
Cash at bank and in hand: 1,041 567
Total current assets: 11,557 8,353
Creditors: amounts falling due within one year: 6 ( 13 ) ( 1,568 )
Net current assets (liabilities): 11,544 6,785
Total assets less current liabilities: 47,061 50,289
Creditors: amounts falling due after more than one year: 7 ( 21,388 ) ( 17,103 )
Total net assets (liabilities): 25,673 33,186

The notes form part of these financial statements

X3 PROPERTIES LIMITED

Balance sheet continued

As at 31 December 2021


Notes

2021
£

2020
£
Capital and reserves
Called up share capital: 1,000 1,000
Revaluation reserve: 8 35,956 43,943
Profit and loss account: ( 11,283 ) ( 11,757 )
Shareholders funds: 25,673 33,186

For the year ending 31 December 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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.

This report was approved by the board of directors on 31 July 2022
And Signed On Behalf Of The Board By:

Name: Ian Anderson
Status: Director

The notes form part of these financial statements

X3 PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

X3 PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 2. Employees


    2021

    2020
    Average number of employees during the period 0 0

    There are no paid employees

X3 PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 3. Off balance sheet disclosure

    No

X3 PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Tangible assets

Plant & machinery Fixtures & fittings Motor vehicles Total
Cost £ £ £ £
At 01 January 2021 41,430 574 1,500 43,504
Additions - - - -
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 December 2021 41,430 574 1,500 43,504
Depreciation
At 01 January 2021 - - - -
Charge for year 7,573 114 300 7,987
On disposals - - - -
Other adjustments - - - -
At 31 December 2021 7,573 114 300 7,987
Net book value
At 31 December 2021 33,857 460 1,200 35,517
At 31 December 2020 41,430 574 1,500 43,504

X3 PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

5. Debtors


2021
£

2020
£
Trade debtors 1,504 2,895
Total 1,504 2,895

X3 PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

6.Creditors: amounts falling due within one year note


2021
£

2020
£
Trade creditors 13 1,568
Total 13 1,568

X3 PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

7.Creditors: amounts falling due after more than one year


2021
£

2020
£
Other creditors 21,388 17,103
Total 21,388 17,103

X3 PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

8. Revaluation reserve


2021
£
Balance at 01 January 2021 43,943
Surplus or deficit after revaluation ( 7,987 )
Balance at 31 December 2021 35,956