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REGISTERED NUMBER: 08796600 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31st January 2023

for

Xl Healthcare Limited

Xl Healthcare Limited (Registered number: 08796600)

Contents of the Financial Statements
for the Year Ended 31st January 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Xl Healthcare Limited

Company Information
for the Year Ended 31st January 2023







Directors: R P Oakes
Mrs C A Riley-Oakes





Registered office: 5 Hazelwood Drive
Hesketh Bank
Preston
PR4 6PJ





Registered number: 08796600 (England and Wales)





Accountants: DBF Associates
Chartered Accountants
South Cheetham B C
10 Park Place
Manchester
Lancashire
M4 4EY

Xl Healthcare Limited (Registered number: 08796600)

Balance Sheet
31st January 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 14,123 12,140

Current assets
Stocks 18,728 13,865
Debtors 5 10,478 32,623
Cash at bank 1,196 21,249
30,402 67,737
Creditors
Amounts falling due within one year 6 94,749 132,835
Net current liabilities (64,347 ) (65,098 )
Total assets less current liabilities (50,224 ) (52,958 )

Capital and reserves
Called up share capital 1,000 1,000
Retained earnings (51,224 ) (53,958 )
Shareholders' funds (50,224 ) (52,958 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14th April 2023 and were signed on its behalf by:





R P Oakes - Director


Xl Healthcare Limited (Registered number: 08796600)

Notes to the Financial Statements
for the Year Ended 31st January 2023


1. Statutory information

Xl Healthcare Limited 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
Turnover is measured at 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.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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 year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

3. Employees and directors

The average number of employees during the year was 4 (2022 - 3 ) .

Xl Healthcare Limited (Registered number: 08796600)

Notes to the Financial Statements - continued
for the Year Ended 31st January 2023


4. Tangible fixed assets
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
Cost
At 1st February 2022 8,961 20,395 29,356
Additions 5,750 - 5,750
At 31st January 2023 14,711 20,395 35,106
Depreciation
At 1st February 2022 7,654 9,562 17,216
Charge for year 1,059 2,708 3,767
At 31st January 2023 8,713 12,270 20,983
Net book value
At 31st January 2023 5,998 8,125 14,123
At 31st January 2022 1,307 10,833 12,140

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 3,222 6,200
Other debtors 7,256 26,423
10,478 32,623

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Trade creditors 35,211 4,780
Social security and other taxes 2,935 2,012
Other creditors 26,226 26,226
Directors' current accounts 27,127 28,992
Accruals and deferred income 3,250 70,825
94,749 132,835