XINTEX LIMITED

Company Registration Number:
11895820 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

XINTEX LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

XINTEX LIMITED

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 7,569,952 4,325,687
Cost of sales: ( 4,541,971 ) ( 2,016,574 )
Gross profit(or loss): 3,027,981 2,309,113
Distribution costs: ( 139,400 ) ( 13,526 )
Administrative expenses: ( 579,801 ) ( 432,658 )
Operating profit(or loss): 2,308,780 1,862,929
Profit(or loss) before tax: 2,308,780 1,862,929
Tax: ( 577,195 ) ( 353,956 )
Profit(or loss) for the financial year: 1,731,585 1,508,973

XINTEX LIMITED

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,952,478 1,652,547
Total fixed assets: 1,952,478 1,652,547
Current assets
Stocks: 4 2,108,967 1,005,427
Debtors: 5 1,391,457 862,532
Cash at bank and in hand: 395,477 453,218
Total current assets: 3,895,901 2,321,177
Creditors: amounts falling due within one year: 6 ( 936,577 ) ( 793,507 )
Net current assets (liabilities): 2,959,324 1,527,670
Total assets less current liabilities: 4,911,802 3,180,217
Total net assets (liabilities): 4,911,802 3,180,217
Capital and reserves
Called up share capital: 150,000 150,000
Profit and loss account: 4,761,802 3,030,217
Total Shareholders' funds: 4,911,802 3,180,217

The notes form part of these financial statements

XINTEX LIMITED

Balance sheet statements

For the year ending 31 March 2024 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.

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

This report was approved by the board of directors on 2 December 2024
and signed on behalf of the board by:

Name: Babak Qanezad
Status: Director

The notes form part of these financial statements

XINTEX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

XINTEX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 27 13

XINTEX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 1,177,899 97,210 114,945 145,347 313,452 1,848,853
Additions 104,885 95,188 110,548 191,942 502,563
Disposals
Revaluations
Transfers
At 31 March 2024 1,177,899 202,095 210,133 255,895 505,394 2,351,416
Depreciation
At 1 April 2023 27,546 32,440 51,180 85,140 196,306
Charge for year 30,314 31,519 38,384 102,415 202,632
On disposals
Other adjustments
At 31 March 2024 57,860 63,959 89,564 187,555 398,938
Net book value
At 31 March 2024 1,177,899 144,235 146,174 166,331 317,839 1,952,478
At 31 March 2023 1,177,899 69,664 82,505 94,167 228,312 1,652,547

XINTEX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Stocks

2024 2023
£ £
Stocks 2,108,967 1,005,427
Total 2,108,967 1,005,427

XINTEX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
£ £
Trade debtors 1,391,457 862,532
Total 1,391,457 862,532

XINTEX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 288,858 439,551
Taxation and social security 647,719 353,956
Total 936,577 793,507