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REGISTERED NUMBER: 12134401 (England and Wales)









XPAED LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023






XPAED LIMITED (REGISTERED NUMBER: 12134401)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Balance Sheet 1


XPAED LIMITED (REGISTERED NUMBER: 12134401)

BALANCE SHEET
31 AUGUST 2023

31.8.23 31.8.22
£    £   
CURRENT ASSETS 2,847 46,145

CREDITORS
Amounts falling due within one year (68,482 ) (109,081 )
NET CURRENT LIABILITIES (65,635 ) (62,936 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(65,635

)

(62,936

)

CREDITORS
Amounts falling due after more than one
year

305,000

305,000
NET LIABILITIES (370,635 ) (367,936 )

CAPITAL AND RESERVES (370,635 ) (367,936 )

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Xpaed Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12134401

Registered office: St Brandon's House
29 Great George Street
Bristol
BS1 5QT

2. AVERAGE NUMBER OF EMPLOYEES

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

3. TRANSACTIONS WITH DIRECTORS

As at 31 August 2023 the company owed the director £68,482 (2022: £108,482) which is included within the creditors amounts falling due within one year.

The balance is interest free and repayable on demand.

XPAED LIMITED (REGISTERED NUMBER: 12134401)

BALANCE SHEET - continued
31 AUGUST 2023

NOTES TO THE FINANCIAL STATEMENTS

4. CONTINGENT LIABILITIES

During the prior periods, Xpaed Limited received grant funding in relation to clinical trials being undertaken. The purpose of the grant is to support ongoing eligible project expenditure. Should any conditions of the grant be contravened or unspent, then the grant could become repayable to the funder.



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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 12 April 2024 and were signed on its behalf by:





Mrs S Kane - Director