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REGISTERED NUMBER: 06743340 (England and Wales)











Financial Statements

for the Year Ended 31 December 2023

for

XUL ARCHITECTURE LIMITED

XUL ARCHITECTURE LIMITED (REGISTERED NUMBER: 06743340)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


XUL ARCHITECTURE LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr S E Sandler
Ms M Lemlij





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 06743340 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

XUL ARCHITECTURE LIMITED (REGISTERED NUMBER: 06743340)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,466 16,112

CURRENT ASSETS
Debtors 5 420,084 486,675
Cash at bank and in hand 228,415 230,656
648,499 717,331
CREDITORS
Amounts falling due within one year 6 199,121 249,490
NET CURRENT ASSETS 449,378 467,841
TOTAL ASSETS LESS CURRENT
LIABILITIES

458,844

483,953

CREDITORS
Amounts falling due after more than one year 7 (89,833 ) (138,833 )

PROVISIONS FOR LIABILITIES 9 (2,035 ) (2,748 )
NET ASSETS 366,976 342,372

CAPITAL AND RESERVES
Called up share capital 10 106 106
Retained earnings 366,870 342,266
SHAREHOLDERS' FUNDS 366,976 342,372

The company is entitled to exemption from audit under Section 477 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 directors acknowledge their 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.

XUL ARCHITECTURE LIMITED (REGISTERED NUMBER: 06743340)

Balance Sheet - continued
31 December 2023


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 Board of Directors and authorised for issue on 16 September 2024 and were signed on its behalf by:





Mr S E Sandler - Director


XUL ARCHITECTURE LIMITED (REGISTERED NUMBER: 06743340)

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

1. STATUTORY INFORMATION

XUL Architecture 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.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 50% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future and therefore used the going concern basis in preparing the financial statements.

XUL ARCHITECTURE LIMITED (REGISTERED NUMBER: 06743340)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 9 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 January 2023 66,144 37,810 78,747 182,701
Additions - - 2,314 2,314
At 31 December 2023 66,144 37,810 81,061 185,015
DEPRECIATION
At 1 January 2023 66,144 37,810 62,635 166,589
Charge for year - - 8,960 8,960
At 31 December 2023 66,144 37,810 71,595 175,549
NET BOOK VALUE
At 31 December 2023 - - 9,466 9,466
At 31 December 2022 - - 16,112 16,112

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 90,140 73,086
Amounts owed by related party 322,877 409,505
Prepayments and accrued income 7,067 4,084
420,084 486,675

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 8,334 12,045
Tax 52,500 43,269
Social security and other taxes 8,067 6,130
Pension 1,358 1,181
VAT 33,301 41,230
Directors' current accounts 92,161 116,737
Accruals and deferred income 3,400 28,898
199,121 249,490

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans (see note 8) 89,833 138,833

XUL ARCHITECTURE LIMITED (REGISTERED NUMBER: 06743340)

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

8. LOANS

An analysis of the maturity of loans is given below:

31.12.23 31.12.22
£    £   
Amounts falling due between two and five years:
Bank loans - 2-5 years 89,833 138,833

9. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax 2,035 2,748

Deferred
tax
£   
Balance at 1 January 2023 2,748
Provided during year (713 )
Balance at 31 December 2023 2,035

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary A £1 £1 100 100
5 Ordinary B £1 £1 5 5
1 Ordinary C £1 £1 1 1
106 106

11. RELATED PARTY DISCLOSURES

As at the balance sheet date, included in debtors due within one year is £322,877 (2022: £409,505) due and payable from XUL Investments Limited a company which under common control by the directors.

As at the balance sheet date, included in creditors due within one year is £92,161 (2022: £116,737) due and payable to the directors. The amount is interest free and repayable on demand.