26 February 2023 false No description of principal activity Taxfiler 2024.6 14689231business:PrivateLimitedCompanyLtd2023-02-262024-07-31 146892312023-02-25 146892312023-02-262024-07-31 14689231business:AuditExempt-NoAccountantsReport2023-02-262024-07-31 14689231business:FilletedAccounts2023-02-262024-07-31 146892312024-07-31 14689231business:Director12023-02-262024-07-31 14689231business:RegisteredOffice2023-02-262024-07-31 14689231core:WithinOneYear2024-07-31 14689231core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 14689231core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 14689231core:PreviouslyStatedAmount2024-07-31 14689231business:SmallEntities2023-02-262024-07-31 14689231countries:EnglandWales2023-02-262024-07-31 14689231core:ComputerEquipment2023-02-262024-07-31 14689231core:ComputerEquipment2023-02-25 14689231core:ComputerEquipment2024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 14689231 (England and Wales)
Xerxes Retail Ltd Unaudited accounts for the period from 26 February 2023 to 31 July 2024
Xerxes Retail Ltd Unaudited accounts Contents
Page
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Xerxes Retail Ltd Company Information for the period from 26 February 2023 to 31 July 2024
Director
Joshua Logan BURKETT
Company Number
14689231 (England and Wales)
Registered Office
1 Garnet Avenue Birmingham West Midlands B43 7RJ England
Accountants
Gondal Accountancy Ltd 1126a Stratford Road Birmingham B28 8AE
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Xerxes Retail Ltd Statement of financial position as at 31 July 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
1,681 
Current assets
Inventories
28,210 
Debtors
270 
Cash at bank and in hand
15,374 
43,854 
Creditors: amounts falling due within one year
(41,453)
Net current assets
2,401 
Net assets
4,082 
Capital and reserves
Called up share capital
2 
Profit and loss account
4,080 
Shareholders' funds
4,082 
For the period ending 31 July 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 November 2024 and were signed on its behalf by
Joshua Logan BURKETT Director Company Registration No. 14689231
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Xerxes Retail Ltd Notes to the Accounts for the period from 26 February 2023 to 31 July 2024
1
Statutory information
Xerxes Retail Ltd is a private company, limited by shares, registered in England and Wales, registration number 14689231. The registered office is 1 Garnet Avenue, Birmingham, West Midlands, B43 7RJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% RB
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 26 February 2023
- 
Additions
1,892 
At 31 July 2024
1,892 
Depreciation
Surplus on revaluation
211 
At 31 July 2024
211 
Net book value
At 31 July 2024
1,681 
5
Debtors
2024 
£ 
Amounts falling due within one year
Accrued income and prepayments
270 
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Xerxes Retail Ltd Notes to the Accounts for the period from 26 February 2023 to 31 July 2024
6
Creditors: amounts falling due within one year
2024 
£ 
Bank loans and overdrafts
30,059 
VAT
2,598 
Trade creditors
59 
Taxes and social security
2,908 
Loans from directors
5,829 
41,453 
7
Average number of employees
During the period the average number of employees was 0.
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