X3 PROPERTIES LIMITED

Company Registration Number:
09343163 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

X3 PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

X3 PROPERTIES LIMITED

Company Information

for the Period Ended 31 December 2023




Director: Ian Anderson
James Robert Anderson
Registered office: The Coach House
Huddersfield Road
Shelley
Huddersfield
England
HD8 8LB
Company Registration Number: 09343163 (England and Wales)

X3 PROPERTIES LIMITED

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal Activities

Building services

Political and charitable donations

None

Company policy on the employment of disabled persons

No employees

Directors

The directors shown below have held office during the whole of the period from 01 January 2023 to 31 December 2023
Ian Anderson
James Robert Anderson

This report was approved by the board of directors on 25 September 2024
And Signed On Behalf Of The Board By:

Name: Ian Anderson
Status: Director

X3 PROPERTIES LIMITED

Profit and Loss Account

for the Period Ended 31 December 2023


Notes

2023
£

2022
£
Turnover 1,266 1,215
Cost of sales ( 788 ) -
Gross Profit or (Loss) 478 1,215
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 2,307 ) ( 1,525 )
Other operating income 0 0
Operating Profit or (Loss) ( 1,829 ) ( 310 )
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax ( 1,829 ) ( 310 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 1,829 ) ( 310 )

The notes form part of these financial statements

X3 PROPERTIES LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 25,552 32,553
Total fixed assets: 25,552 32,553
Current assets
Stocks: 12,309 11,582
Debtors: 5 494 960
Cash at bank and in hand: 602 412
Total current assets: 13,405 12,954
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 253 ) ( 13 )
Net current assets (liabilities): 13,152 12,941
Total assets less current liabilities: 38,704 45,494
Creditors: amounts falling due after more than one year: 7 ( 20,950 ) ( 22,715 )
Total net assets (liabilities): 17,754 22,779

The notes form part of these financial statements

X3 PROPERTIES LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1,000 1,000
Revaluation reserve: 8 29,347 32,543
Profit and loss account: ( 12,593 ) ( 10,764 )
Shareholders funds: 17,754 22,779

For the year ending 31 December 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 25 September 2024
And Signed On Behalf Of The Board By:

Name: Ian Anderson
Status: Director

The notes form part of these financial statements

X3 PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

X3 PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

    No paid employees

X3 PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

X3 PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible assets

Plant & machinery Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 January 2023 37,572 1,150 1,125 39,847
Additions 882 - - 882
Disposals - - ( 1,125 ) ( 1,125 )
Revaluations - - - -
Transfers - - - -
At 31 December 2023 38,454 1,150 0 39,604
Depreciation
At 01 January 2023 6,763 250 281 7,294
Charge for year 6,839 200 281 7,320
On disposals - - ( 562 ) ( 562 )
Other adjustments - - - -
At 31 December 2023 13,602 450 0 14,052
Net book value
At 31 December 2023 24,852 700 0 25,552
At 31 December 2022 30,809 900 844 32,553

X3 PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors


2023
£

2022
£
Trade debtors 494 960
Total 494 960

X3 PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 240
Other creditors 13 13
Total 253 13

X3 PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Other creditors 20,950 22,715
Total 20,950 22,715

X3 PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

8. Revaluation reserve


2023
£
Balance at 01 January 2023 32,543
Surplus or deficit after revaluation ( 3,196 )
Balance at 31 December 2023 29,347