Company registration number 10611666 (England and Wales)
XELION LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
PAGES FOR FILING WITH REGISTRAR
XELION LIMITED
COMPANY INFORMATION
Directors
D J Reynolds
M Cohen
A A P M Van Den Ende
Company number
10611666
Registered office
The College Business Centre
Uttoxeter New Road
Derby
DE22 3WZ
Accountants
Ashgates Corporate Services Limited
5 Prospect Place
Millennium Way
Pride Park
Derby
DE24 8HG
XELION LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
XELION LIMITED
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF XELION LIMITED
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Xelion Limited for the year ended 31 December 2023, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the board of directors of Xelion Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Xelion Limited and state those matters that we have agreed to state to the board of directors of Xelion Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Xelion Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Xelion Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Xelion Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Xelion Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ashgates Corporate Services Limited
5 Prospect Place
Millennium Way
Pride Park
Derby
DE24 8HG
16 February 2024
XELION LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2023
31 December 2023
- 2 -
2023
2022
£
£
£
£
Fixed assets
19,707
15,132
Current assets
248,680
168,752
Prepayments and accrued income
10,200
10,107
Creditors: amounts falling due within one year
(141,448)
(87,714)
Net current assets
117,432
91,145
Total assets less current liabilities
137,139
106,277
Accruals and deferred income
(15,768)
(13,011)
Net assets
121,371
93,266
Capital and reserves
121,371
93,266
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

At the balance sheet date the amount owed to the directors' was £5 (2022 - £5).

2
Financial commitments, guarantees and contingencies

The total amount of financial commitments not included in the balance sheet is £71,303 (2022 - £97,438).

3
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2023
2022
Number
Number
Employees
9
9
XELION LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2023
31 December 2023
- 3 -

Xelion Limited is a private company limited by shares incorporated in England and Wales.

For the year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' 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 15 February 2024 and are signed on its behalf by:
...............................
D J Reynolds
Director
Company registration number 10611666 (England and Wales)
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