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REGISTERED NUMBER: 08231583 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

X1 Arndale Limited

X1 Arndale Limited (Registered number: 08231583)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

X1 Arndale Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mrs L Smith





REGISTERED OFFICE: 116 Duke Street
Liverpool
Merseyside
L1 5JW





REGISTERED NUMBER: 08231583 (England and Wales)

X1 Arndale Limited (Registered number: 08231583)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
CURRENT ASSETS
Debtors 4 1,130,271 1,130,271

CREDITORS
Amounts falling due within one year 5 1,076,739 1,076,739
NET CURRENT ASSETS 53,532 53,532
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,532

53,532

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 53,531 53,531
SHAREHOLDERS' FUNDS 53,532 53,532

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 August 2024 and were signed by:





Mrs L Smith - Director


X1 Arndale Limited (Registered number: 08231583)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

X1 Arndale Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company was dormant throughout the current year and previous year.

Significant judgements and estimates
The preparation of these financial statements in accordance with FRS 102 requires the use of certain critical accounting estimates. Estimates and and judgements are continually evaluated and are based on historical experience, current knowledge and expectations of future events.

Financial instruments
Other loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Amounts owed by group undertakings 386,394 386,394
Amounts owed by participating interests 45,855 45,855
Other debtors 698,022 698,022
1,130,271 1,130,271

X1 Arndale Limited (Registered number: 08231583)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 138 138
Amounts owed to group undertakings 569,808 569,808
Other creditors 506,793 506,793
1,076,739 1,076,739

6. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

7. ULTIMATE CONTROLLING PARTY

In the opinion of the directors there is no controlling party.

The parent company is Lightoak Investments Limited, a company registered in the Isle Of Man. Consolidated accounts are not required to be prepared.