XACTPCB LTD

Company Registration Number:
05067000 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

XACTPCB LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

XACTPCB LTD

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Fixed assets
Intangible assets: 3 54,435 92,090
Tangible assets: 4 355 473
Total fixed assets: 54,790 92,563
Current assets
Debtors: 5 48,021 42,689
Cash at bank and in hand: 1,350,275 1,191,867
Total current assets: 1,398,296 1,234,556
Creditors: amounts falling due within one year: 6 (131,712) (146,605)
Net current assets (liabilities): 1,266,584 1,087,951
Total assets less current liabilities: 1,321,374 1,180,514
Creditors: amounts falling due after more than one year: 7 (163,951) (195,829)
Total net assets (liabilities): 1,157,423 984,685
Capital and reserves
Called up share capital: 129,600 129,600
Other reserves: 1,900 1,900
Profit and loss account: 1,025,923 853,185
Shareholders funds: 1,157,423 984,685

The notes form part of these financial statements

XACTPCB LTD

Balance sheet statements

For the year ending 31 December 2022 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 April 2023
and signed on behalf of the board by:

Name: Stephen Laws
Status: Director

The notes form part of these financial statements

XACTPCB LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

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

XACTPCB LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 8 8

XACTPCB LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Intangible Assets

Total
Cost £
At 01 January 2022 2,350,148
Additions 108,870
At 31 December 2022 2,459,018
Amortisation
At 01 January 2022 2,258,058
Charge for year 146,525
At 31 December 2022 2,404,583
Net book value
At 31 December 2022 54,435
At 31 December 2021 92,090

XACTPCB LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Tangible Assets

Total
Cost £
At 01 January 2022 25,884
At 31 December 2022 25,884
Depreciation
At 01 January 2022 25,411
Charge for year 118
At 31 December 2022 25,529
Net book value
At 31 December 2022 355
At 31 December 2021 473

XACTPCB LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Debtors

2022 2021
££
Debtors due after more than one year: 0 0

XACTPCB LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due within one year note

Trade Creditors 91,090Corporation Tax 40,622

XACTPCB LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

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

Amounts owed to associates 163,951