Xtax Accountancy Services Limited 08429206 Accountancy Services false 1 April 2022 08429206 2022-04-01 2023-03-31 08429206 2022-03-31 08429206 2023-03-31 08429206 2021-04-01 2022-03-31 08429206 2021-03-31 08429206 2022-03-31 08429206 frs102-bus:FRS102 2022-04-01 2023-03-31 08429206 frs102-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 08429206 frs102-bus:FullAccounts 2022-04-01 2023-03-31 08429206 frs102-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 08429206 frs102-core:CurrentFinancialInstruments 2023-03-31 08429206 frs102-core:CurrentFinancialInstruments 2022-03-31 08429206 frs102-core:ShareCapital 2023-03-31 08429206 frs102-core:ShareCapital 2022-03-31 08429206 frs102-core:RetainedEarningsAccumulatedLosses 2023-03-31 08429206 frs102-core:RetainedEarningsAccumulatedLosses 2022-03-31 08429206 frs102-bus:Director1 2022-04-01 2023-03-31 08429206 frs102-core:OfficeEquipment 2022-04-01 2023-03-31 08429206 frs102-core:Vehicles 2022-04-01 2023-03-31 08429206 frs102-core:OfficeEquipment 2022-03-31 08429206 frs102-core:Vehicles 2022-03-31 08429206 frs102-core:OfficeEquipment 2023-03-31 08429206 frs102-core:Vehicles 2023-03-31 08429206 frs102-core:OfficeEquipment 2022-03-31 08429206 frs102-core:Vehicles 2022-03-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
08429206
Xtax Accountancy Services Limited
Unaudited Accounts
for the year ended
31 March 2023
Xtax Accountancy Services Limited
Balance Sheet
as at 31 March 2023
Notes
2023
£
2022
£
Fixed assets
Intangible assets 5 21,200 21,200
Tangible assets 6 4,469 4,365
25,669 25,565
Current assets
Debtors 7 63,446 54,918
Cash at bank and in hand 178,651 155,290
242,097 210,208
Creditors: amounts falling due within one year 8 (58,926) (57,473)
Net current assets / (liabilities) 183,171 152,735
Total assets less current liabilities 208,840 178,300
Provisions for liabilities (0) (0)
Total net assets (liabilities) 208,840 178,300
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 207,840 177,300
Shareholders' funds 208,840 178,300

Xtax Accountancy Services Limited
Balance Sheet
as at 31 March 2023



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 March 2023 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.

Signed on behalf of the board of directors

...............................

C Sadler

Director


Approved by the board on 14 November 2023

Company Number: 08429206 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

8 Abernant Drive
Newmarket
Suffolk
CB8 0FH
England

Xtax Accountancy Services Limited
Notes to the Accounts
for the year ended 31 March 2023

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Office equipment 25% Reducing Balance
Vehicles 25% Reducing Balance
2. Profit or loss

Profit before tax is stated after charging the following:

2023

2022
£ £
Directors' remuneration 25,140 25,140

3. Taxation
2023 2022
£ £
UK Corporation Tax 21,749 21,607
Tax on profit/(loss) on ordinary activities 21,749 21,607

4. Employees
2023 2022
Average number of employees during the period 9 9

5. Intangible fixed assets
Total
Cost £
At 1 April 2022 21,200
At 31 March 2023 21,200
Amortisation
At 1 April 2022 0
At 31 March 2023 0
Net book value
At 31 March 2023 21,200
At 31 March 2022 21,200

6. Tangible fixed assets
Office equipment Vehicles Total
Cost or valuation £ £ £
At 1 April 2022 10,607 3,850 14,457
Additions 1,594 0 1,594
At 31 March 2023 12,201 3,850 16,051
Depreciation
At 1 April 2022 9,129 963 10,092
Charge for the period 768 722 1,490
At 31 March 2023 9,897 1,685 11,582
Net book value
At 31 March 2023 2,304 2,165 4,469
At 31 March 2022 1,478 2,887 4,365

7. Debtors
2023 2022
£ £
Trade debtors 61,882 54,786
Other debtors 1,564 132
63,446 54,918

8. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 24,115 25,051
Taxation & social security 33,214 31,902
Other creditors 1,597 520
58,926 57,473

9. Dividends
2023 2022
£ £
Total dividend payment 62,500 62,500