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REGISTERED NUMBER: 06086739 (England and Wales)











Financial Statements

for the Year Ended 31 January 2024

for

X4 OFFICE LIMITED

X4 OFFICE LIMITED (REGISTERED NUMBER: 06086739)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


X4 OFFICE LIMITED

Company Information
for the Year Ended 31 January 2024







DIRECTORS: S F Hodder
K P W Simms





SECRETARIES: Mrs K L Simms
Miss E J Haddon





REGISTERED OFFICE: 1 Brook Court
Blakeney Road
Beckenham
Kent
BR3 1HG





REGISTERED NUMBER: 06086739 (England and Wales)





ACCOUNTANTS: Maths Partnership
1 Brook Court
Blakeney Road
Beckenham
Kent
BR3 1HG

X4 OFFICE LIMITED (REGISTERED NUMBER: 06086739)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 255,017 202,097

CURRENT ASSETS
Debtors 5 317,406 904,493
Cash at bank and in hand 261,986 637,056
579,392 1,541,549
CREDITORS
Amounts falling due within one year 6 279,363 1,081,067
NET CURRENT ASSETS 300,029 460,482
TOTAL ASSETS LESS CURRENT
LIABILITIES

555,046

662,579

CREDITORS
Amounts falling due after more than one year 7 - (156,000 )

PROVISIONS FOR LIABILITIES (36,502 ) (34,005 )
NET ASSETS 518,544 472,574

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 518,444 472,474
518,544 472,574

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

X4 OFFICE LIMITED (REGISTERED NUMBER: 06086739)

Balance Sheet - continued
31 January 2024


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 Profit And Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2024 and were signed on its behalf by:




S F Hodder - Director



K P W Simms - Director


X4 OFFICE LIMITED (REGISTERED NUMBER: 06086739)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

X4 Office 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit And Loss Account, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 22 ) .

X4 OFFICE LIMITED (REGISTERED NUMBER: 06086739)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 February 2023 6,691 10,050 78,715
Additions - 275 -
At 31 January 2024 6,691 10,325 78,715
DEPRECIATION
At 1 February 2023 - 3,618 48,378
Charge for year - 1,341 6,068
At 31 January 2024 - 4,959 54,446
NET BOOK VALUE
At 31 January 2024 6,691 5,366 24,269
At 31 January 2023 6,691 6,432 30,337

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2023 242,327 21,767 359,550
Additions 125,949 3,769 129,993
At 31 January 2024 368,276 25,536 489,543
DEPRECIATION
At 1 February 2023 91,543 13,914 157,453
Charge for year 67,083 2,581 77,073
At 31 January 2024 158,626 16,495 234,526
NET BOOK VALUE
At 31 January 2024 209,650 9,041 255,017
At 31 January 2023 150,784 7,853 202,097

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 131,229 816,178
Amounts owed by group undertakings 107,028 66,225
Other debtors 79,149 22,090
317,406 904,493

All debtors are payable within one year and have therefore not been discounted.

X4 OFFICE LIMITED (REGISTERED NUMBER: 06086739)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts - 48,000
Trade creditors 15,858 40,184
Amounts owed to group undertakings 30,752 630,752
Taxation and social security 192,062 304,347
Other creditors 40,691 57,784
279,363 1,081,067

All creditors are payable within one year and have therefore not been discounted.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans - 156,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 12,000