Company Registration No. 09875964 (England and Wales)
Xchange Sales & Lettings Limited
Unaudited accounts
for the year ended 30 November 2023
Xchange Sales & Lettings Limited
Unaudited accounts
Contents
Xchange Sales & Lettings Limited
Company Information
for the year ended 30 November 2023
Company Number
09875964 (England and Wales)
Registered Office
4A PALLISTER ROAD
CLACTON ON SEA
ESSEX
CO15 1PQ
UNITED KINGDOM
Accountants
IDS Accountants Ltd
4 Pallister Road
Clacton On Sea
Essex
CO15 1PQ
Xchange Sales & Lettings Limited
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
6,051
25,937
Creditors: amounts falling due within one year
1,394
(12,609)
Net current assets
7,445
13,328
Called up share capital
100
100
Profit and loss account
7,745
13,762
Shareholders' funds
7,845
13,862
For the year ending 30 November 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 his 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 7 August 2024 and were signed on its behalf by
Abid Mohammad
Director
Company Registration No. 09875964
Xchange Sales & Lettings Limited
Notes to the Accounts
for the year ended 30 November 2023
Xchange Sales & Lettings Limited is a private company, limited by shares, registered in England and Wales, registration number 09875964. The registered office is 4A PALLISTER ROAD, CLACTON ON SEA, ESSEX, CO15 1PQ, UNITED KINGDOM.
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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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Straight Line
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Tangible fixed assets
Fixtures & fittings
Xchange Sales & Lettings Limited
Notes to the Accounts
for the year ended 30 November 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,267
1,863
Loans from directors
(4,911)
9,746
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 0 (2022: 0).