XACTPCB LTD

Company Registration Number:
05067000 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

XACTPCB LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

XACTPCB LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 71,303 54,435
Tangible assets: 4 266 355
Total fixed assets: 71,569 54,790
Current assets
Debtors: 5 34,327 48,021
Cash at bank and in hand: 1,498,894 1,350,275
Total current assets: 1,533,221 1,398,296
Creditors: amounts falling due within one year: 6 (123,459) (131,712)
Net current assets (liabilities): 1,409,762 1,266,584
Total assets less current liabilities: 1,481,331 1,321,374
Creditors: amounts falling due after more than one year: 7 (161,307) (163,951)
Total net assets (liabilities): 1,320,024 1,157,423
Capital and reserves
Called up share capital: 129,600 129,600
Other reserves: 1,900 1,900
Profit and loss account: 1,188,524 1,025,923
Shareholders funds: 1,320,024 1,157,423

The notes form part of these financial statements

XACTPCB LTD

Balance sheet statements

For the year ending 31 December 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 March 2024
and signed on behalf of the board by:

Name: S M Laws
Status: Director

The notes form part of these financial statements

XACTPCB LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

XACTPCB LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 8 8

XACTPCB LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 2,459,018
Additions 142,606
At 31 December 2023 2,601,624
Amortisation
At 01 January 2023 2,404,583
Charge for year 125,738
At 31 December 2023 2,530,321
Net book value
At 31 December 2023 71,303
At 31 December 2022 54,435

XACTPCB LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 25,884
At 31 December 2023 25,884
Depreciation
At 01 January 2023 25,529
Charge for year 89
At 31 December 2023 25,618
Net book value
At 31 December 2023 266
At 31 December 2022 355

XACTPCB LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

XACTPCB LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due within one year note

Trade Creditors 27,963Corporation Tax 49,976Other Taxes 13,520Net Wages 32,000Total 123,459

XACTPCB LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Creditors: amounts falling due after more than one year note

Amounts owed to associates