Company Registration No. 10972990 (England and Wales)
Xymon IT Solutions Ltd
Unaudited accounts
for the year ended 30 September 2023
Xymon IT Solutions Ltd
Unaudited accounts
Contents
Xymon IT Solutions Ltd
Company Information
for the year ended 30 September 2023
Directors
Mrs Suneetha Nimmakayala
Rahul Avula Esq
Company Number
10972990 (England and Wales)
Registered Office
3 Cranford Gardens
Chandlersford
Hampshire
SO53 1PU
Xymon IT Solutions Ltd
Statement of financial position
as at 30 September 2023
Tangible assets
1,855
2,473
Cash at bank and in hand
14,607
46,650
Creditors: amounts falling due within one year
(9,462)
(24,987)
Net current assets
5,145
21,663
Total assets less current liabilities
7,000
24,136
Creditors: amounts falling due after more than one year
(6,895)
(11,096)
Called up share capital
100
100
Profit and loss account
5
12,940
Shareholders' funds
105
13,040
For the year ending 30 September 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 November 2023 and were signed on its behalf by
Rahul Avula Esq
Director
Company Registration No. 10972990
Xymon IT Solutions Ltd
Notes to the Accounts
for the year ended 30 September 2023
Xymon IT Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 10972990. The registered office is 3 Cranford Gardens, Chandlersford, Hampshire, SO53 1PU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reduce balance basis
Computer equipment
25% reduce balance basis
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2022
208
5,064
5,272
At 30 September 2023
208
5,064
5,272
At 1 October 2022
141
2,658
2,799
Charge for the year
16
602
618
At 30 September 2023
157
3,260
3,417
At 30 September 2023
51
1,804
1,855
At 30 September 2022
67
2,406
2,473
Xymon IT Solutions Ltd
Notes to the Accounts
for the year ended 30 September 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,305
4,305
Taxes and social security
(2,051)
5,699
Other creditors
7,180
7,180
Loans from directors
48
2,279
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).