2023-04-012024-03-312024-03-31false12478917XSEE LTD2024-11-06iso4217:GBPxbrli:pure124789172023-04-01124789172024-03-31124789172023-04-012024-03-31124789172022-04-01124789172023-03-31124789172022-04-012023-03-3112478917bus:SmallEntities2023-04-012024-03-3112478917bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3112478917bus:FullAccounts2023-04-012024-03-3112478917bus:PrivateLimitedCompanyLtd2023-04-012024-03-3112478917core:WithinOneYear2024-03-3112478917core:AfterOneYear2024-03-3112478917core:WithinOneYear2023-03-3112478917core:AfterOneYear2023-03-3112478917core:ShareCapital2024-03-3112478917core:SharePremium2024-03-3112478917core:RevaluationReserve2024-03-3112478917core:OtherReservesSubtotal2024-03-3112478917core:RetainedEarningsAccumulatedLosses2024-03-3112478917core:ShareCapital2023-03-3112478917core:SharePremium2023-03-3112478917core:RevaluationReserve2023-03-3112478917core:OtherReservesSubtotal2023-03-3112478917core:RetainedEarningsAccumulatedLosses2023-03-3112478917core:LandBuildings2024-03-3112478917core:PlantMachinery2024-03-3112478917core:Vehicles2024-03-3112478917core:FurnitureFittings2024-03-3112478917core:OfficeEquipment2024-03-3112478917core:NetGoodwill2024-03-3112478917core:IntangibleAssetsOtherThanGoodwill2024-03-3112478917core:ListedExchangeTraded2024-03-3112478917core:UnlistedNon-exchangeTraded2024-03-3112478917core:LandBuildings2023-03-3112478917core:PlantMachinery2023-03-3112478917core:Vehicles2023-03-3112478917core:FurnitureFittings2023-03-3112478917core:OfficeEquipment2023-03-3112478917core:NetGoodwill2023-03-3112478917core:IntangibleAssetsOtherThanGoodwill2023-03-3112478917core:ListedExchangeTraded2023-03-3112478917core:UnlistedNon-exchangeTraded2023-03-3112478917core:LandBuildings2023-04-012024-03-3112478917core:PlantMachinery2023-04-012024-03-3112478917core:Vehicles2023-04-012024-03-3112478917core:FurnitureFittings2023-04-012024-03-3112478917core:OfficeEquipment2023-04-012024-03-3112478917core:NetGoodwill2023-04-012024-03-3112478917core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3112478917core:ListedExchangeTraded2023-04-012024-03-3112478917core:UnlistedNon-exchangeTraded2023-04-012024-03-3112478917core:MoreThanFiveYears2023-04-012024-03-3112478917core:Non-currentFinancialInstruments2024-03-3112478917core:Non-currentFinancialInstruments2023-03-3112478917dpl:CostSales2023-04-012024-03-3112478917dpl:DistributionCosts2023-04-012024-03-3112478917core:LandBuildings2023-04-012024-03-3112478917core:PlantMachinery2023-04-012024-03-3112478917core:Vehicles2023-04-012024-03-3112478917core:FurnitureFittings2023-04-012024-03-3112478917core:OfficeEquipment2023-04-012024-03-3112478917dpl:AdministrativeExpenses2023-04-012024-03-3112478917core:NetGoodwill2023-04-012024-03-3112478917core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3112478917dpl:GroupUndertakings2023-04-012024-03-3112478917dpl:ParticipatingInterests2023-04-012024-03-3112478917dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3112478917core:ListedExchangeTraded2023-04-012024-03-3112478917dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3112478917core:UnlistedNon-exchangeTraded2023-04-012024-03-3112478917dpl:CostSales2022-04-012023-03-3112478917dpl:DistributionCosts2022-04-012023-03-3112478917core:LandBuildings2022-04-012023-03-3112478917core:PlantMachinery2022-04-012023-03-3112478917core:Vehicles2022-04-012023-03-3112478917core:FurnitureFittings2022-04-012023-03-3112478917core:OfficeEquipment2022-04-012023-03-3112478917dpl:AdministrativeExpenses2022-04-012023-03-3112478917core:NetGoodwill2022-04-012023-03-3112478917core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3112478917dpl:GroupUndertakings2022-04-012023-03-3112478917dpl:ParticipatingInterests2022-04-012023-03-3112478917dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3112478917core:ListedExchangeTraded2022-04-012023-03-3112478917dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3112478917core:UnlistedNon-exchangeTraded2022-04-012023-03-3112478917core:NetGoodwill2024-03-3112478917core:IntangibleAssetsOtherThanGoodwill2024-03-3112478917core:LandBuildings2024-03-3112478917core:PlantMachinery2024-03-3112478917core:Vehicles2024-03-3112478917core:FurnitureFittings2024-03-3112478917core:OfficeEquipment2024-03-3112478917core:AfterOneYear2024-03-3112478917core:WithinOneYear2024-03-3112478917core:ListedExchangeTraded2024-03-3112478917core:UnlistedNon-exchangeTraded2024-03-3112478917core:ShareCapital2024-03-3112478917core:SharePremium2024-03-3112478917core:RevaluationReserve2024-03-3112478917core:OtherReservesSubtotal2024-03-3112478917core:RetainedEarningsAccumulatedLosses2024-03-3112478917core:NetGoodwill2023-03-3112478917core:IntangibleAssetsOtherThanGoodwill2023-03-3112478917core:LandBuildings2023-03-3112478917core:PlantMachinery2023-03-3112478917core:Vehicles2023-03-3112478917core:FurnitureFittings2023-03-3112478917core:OfficeEquipment2023-03-3112478917core:AfterOneYear2023-03-3112478917core:WithinOneYear2023-03-3112478917core:ListedExchange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XSEE LTD

Registered Number
12478917
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

XSEE LTD
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

BOROJEVIC, Nikola
KRALJ BOROJEVIC, Koraljka

Registered Address

Unit A 82 James Carter Road
Mildenhall
Bury St. Edmunds
IP28 7DE

Registered Number

12478917 (England and Wales)
XSEE LTD
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets33,3764,263
3,3764,263
Current assets
Debtors1,417-
Cash at bank and on hand2,162147
3,579147
Creditors amounts falling due within one year4(4,917)(3,878)
Net current assets (liabilities)(1,338)(3,731)
Total assets less current liabilities2,038532
Provisions for liabilities5(641)(384)
Net assets1,397148
Capital and reserves
Called up share capital100100
Profit and loss account1,29748
Shareholders' funds1,397148
The financial statements were approved and authorised for issue by the Board of Directors on 6 November 2024, and are signed on its behalf by:
BOROJEVIC, Nikola
Director
KRALJ BOROJEVIC, Koraljka
Director

Registered Company No. 12478917
XSEE LTD
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
2.Average number of employees

20242023
Average number of employees during the year22
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 April 236,9716,971
Additions204204
At 31 March 247,1757,175
Depreciation and impairment
At 01 April 232,7082,708
Charge for year1,0911,091
At 31 March 243,7993,799
Net book value
At 31 March 243,3763,376
At 31 March 234,2634,263
4.Creditors: amounts due within one year

2024

2023

££
Taxation and social security343-
Other creditors3,9733,314
Accrued liabilities and deferred income601564
Total4,9173,878
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)641384
Total641384