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Company Registration No. 14908047 (England and Wales)
X Engineering Limited Unaudited accounts for the period from 1 June 2023 to 30 April 2024
X Engineering Limited Unaudited accounts Contents
Page
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X Engineering Limited Company Information for the period from 1 June 2023 to 30 April 2024
Directors
Rebecca Kinahan Abigail Jeffreys
Company Number
14908047 (England and Wales)
Registered Office
Cross Engineering Swansea Ltd Gorseinon Road Penllergaer Swansea West Glamorgan SA4 9GE Wales
Accountants
S A Acc'y Ltd The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN
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X Engineering Limited Statement of financial position as at 30 April 2024
2024 
Notes
£ 
Fixed assets
Intangible assets
27,417 
Tangible assets
429,113 
Investments
5,700,000 
6,156,530 
Current assets
Debtors
74,131 
Cash at bank and in hand
176,507 
250,638 
Creditors: amounts falling due within one year
(715,703)
Net current liabilities
(465,065)
Total assets less current liabilities
5,691,465 
Creditors: amounts falling due after more than one year
(5,368,142)
Provisions for liabilities
Deferred tax
(5,531)
Net assets
317,792 
Capital and reserves
Called up share capital
100 
Profit and loss account
317,692 
Shareholders' funds
317,792 
For the period ending 30 April 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 22 August 2024 and were signed on its behalf by
Abigail Jeffreys Director Company Registration No. 14908047
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X Engineering Limited Notes to the Accounts for the period from 1 June 2023 to 30 April 2024
1
Statutory information
X Engineering Limited is a private company, limited by shares, registered in England and Wales, registration number 14908047. The registered office is Cross Engineering Swansea Ltd, Gorseinon Road, Penllergaer, Swansea, West Glamorgan, SA4 9GE, Wales.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
10% per annum reducing balance
Motor vehicles
25% per annum reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 June 2023
- 
Additions
29,910 
At 30 April 2024
29,910 
Amortisation
At 1 June 2023
- 
Charge for the period
2,493 
At 30 April 2024
2,493 
Net book value
At 30 April 2024
27,417 
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X Engineering Limited Notes to the Accounts for the period from 1 June 2023 to 30 April 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
- 
- 
- 
Additions
366,000 
89,421 
455,421 
At 30 April 2024
366,000 
89,421 
455,421 
Depreciation
Charge for the period
21,350 
4,958 
26,308 
At 30 April 2024
21,350 
4,958 
26,308 
Net book value
At 30 April 2024
344,650 
84,463 
429,113 
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 June 2023
- 
Additions
5,700,000 
Valuation at 30 April 2024
5,700,000 
7
Debtors
2024 
£ 
Amounts falling due within one year
VAT
251 
Trade debtors
73,082 
Other debtors
798 
74,131 
8
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
66,430 
Taxes and social security
15,242 
Other creditors
183,336 
Loans from directors
450,000 
Accruals
695 
715,703 
9
Creditors: amounts falling due after more than one year
2024 
£ 
Amounts owed to group undertakings and other participating interests
3,488,980 
Other creditors
1,879,162 
5,368,142 
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X Engineering Limited Notes to the Accounts for the period from 1 June 2023 to 30 April 2024
10
Average number of employees
During the period the average number of employees was 2.
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