Company Registration No. 12012149 (England and Wales)
XSISPRO LIMITED
Unaudited accounts
for the year ended 31 May 2023
XSISPRO LIMITED
Unaudited accounts
Contents
XSISPRO LIMITED
Company Information
for the year ended 31 May 2023
Company Number
12012149 (England and Wales)
Registered Office
51 Theydon Street
London
E17 8EN
XSISPRO LIMITED
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
87,791
45,220
Creditors: amounts falling due within one year
(68,060)
(79,885)
Net current assets
37,390
352
Total assets less current liabilities
38,841
985
Creditors: amounts falling due after more than one year
(10,000)
-
Profit and loss account
28,741
885
Shareholders' funds
28,841
985
For the year ending 31 May 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 director acknowledges her 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 and authorised for issue on 20 February 2024 and were signed on its behalf by
Mrs Sana Harris
Director
Company Registration No. 12012149
XSISPRO LIMITED
Notes to the Accounts
for the year ended 31 May 2023
XSISPRO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12012149. The registered office is 51 Theydon Street, London, E17 8EN.
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.
These financial statements for the year ended 31 May 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Computer equipment
25% Reducing balance
4
Tangible fixed assets
Computer equipment
XSISPRO LIMITED
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
2,346
-
Taxes and social security
6,342
7,095
Proposed dividends
-
30,000
Other creditors
2,400
2,400
Loans from directors
49,295
29,913
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 1).