2 false false false false false false false false false false true false false false false false false No description of principal activity 2023-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 13107927 2023-01-01 2023-12-31 13107927 2023-12-31 13107927 2022-12-31 13107927 2022-01-01 2022-12-31 13107927 2022-12-31 13107927 2021-12-31 13107927 bus:Director1 2023-01-01 2023-12-31 13107927 bus:Director2 2023-01-01 2023-12-31 13107927 core:WithinOneYear 2023-12-31 13107927 core:WithinOneYear 2022-12-31 13107927 bus:Micro-entities 2023-01-01 2023-12-31 13107927 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 13107927 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13107927 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13107927 bus:FullAccounts 2023-01-01 2023-12-31
COMPANY REGISTRATION NUMBER: 13107927
Xion Group Ltd
Filleted Unaudited Financial Statements
For the year ended
31 December 2023
Xion Group Ltd
Statement of Financial Position
31 December 2023
2023
2022
£
£
Fixed assets
11,039
11,380
--------
--------
Current assets
50,077
77,924
Prepayments and accrued income
210
328
--------
--------
50,287
78,252
Creditors: amounts falling due within one year
312,594
210,103
---------
---------
Net current liabilities
262,307
131,851
---------
---------
Total assets less current liabilities
( 251,268)
( 120,471)
Accruals and deferred income
1,000
825
---------
---------
(252,268)
(121,296)
---------
---------
Capital and reserves
( 252,268)
( 121,296)
---------
---------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2022: 2 ).
2. Other financial commitments
The company has total commitments, guarantees and contingencies as at the year end of£16,763.
3. Going concern
The company had a deficiency of assets at the balance sheet date. However, this is wholly covered by amounts owed to the directors and a related company and the directors have given assurance of their continued support for the company. Therefore, the directors consider it appropriate to prepare the accounts on the going concern basis.
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 23 October 2024 , and are signed on behalf of the board by:
Christopher Peter Devereux
Davinia Lillian Sherlock
Director
Director
Company registration number: 13107927
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Woodland Lodge, Dunston Business Village, Dunston, Stafford, Staffordshire, ST18 9FJ.