X.COMMUNICATIONS LIMITED

Company Registration Number:
02139995 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

X.COMMUNICATIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

X.COMMUNICATIONS LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 87,635 110,050
Investments: 4 2 2
Total fixed assets: 87,637 110,052
Current assets
Debtors: 5 226,579 328,289
Cash at bank and in hand: 87,661 114,673
Total current assets: 314,240 442,962
Creditors: amounts falling due within one year: 6 (183,792) (260,917)
Net current assets (liabilities): 130,448 182,045
Total assets less current liabilities: 218,085 292,097
Creditors: amounts falling due after more than one year: 7 (179,403) (221,427)
Provision for liabilities: (10,400) (12,400)
Total net assets (liabilities): 28,282 58,270
Capital and reserves
Called up share capital: 10,010 10,010
Profit and loss account: 18,272 48,260
Shareholders funds: 28,282 58,270

The notes form part of these financial statements

X.COMMUNICATIONS LIMITED

Balance sheet statements

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2024
and signed on behalf of the board by:

Name: Mr I Smith
Status: Director

The notes form part of these financial statements

X.COMMUNICATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

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

X.COMMUNICATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 21 17

X.COMMUNICATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 256,129
Additions 47,819
At 31 December 2023 303,948
Depreciation
At 01 January 2023 146,079
Charge for year 70,234
At 31 December 2023 216,313
Net book value
At 31 December 2023 87,635
At 31 December 2022 110,050

X.COMMUNICATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Fixed investments

Purchase of 1 £1 ordinary share in Linebroker Limited. X.COMMunications Limited owns 100% of the share capital of Linebroker Limited. Line broker Limited was a dormant company as at 31 December 2023. Purchase of 1 £1 ordinary share in X.COMM Limited. X.COMMunications Limited owns 100% of the share capital of X.COMM Limited. X.COMM Limited was a dormant company as at 31 December 2023.

X.COMMUNICATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

X.COMMUNICATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due within one year note

Creditors: amounts falling due within one year 2023 £ 183,792 (2022 £ 260,917).

X.COMMUNICATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

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

Creditors: amounts falling due after more than one year 2023 £ 179,403 (2022: £ 221,427).

X.COMMUNICATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

8. Related party transactions

X.COMMunications Limited is a wholly owned subsidiary of Gin Telecom Limited. The controlling party of Gin Telecom Limited is Mr J. Dowbiggin.