XLIN STARTUP SERVICES C.I.C.

Company Registration Number:
07478782 (England and Wales)

Unaudited statutory accounts for the year ended 28 March 2024

Period of accounts

Start date: 29 March 2023

End date: 28 March 2024

XLIN STARTUP SERVICES C.I.C.

Contents of the Financial Statements

for the Period Ended 28 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

XLIN STARTUP SERVICES C.I.C.

Directors' report period ended 28 March 2024

The directors present their report with the financial statements of the company for the period ended 28 March 2024

Directors

The directors shown below have held office during the whole of the period from
29 March 2023 to 28 March 2024

Mr Dattatraya Kadikar
Mrs Nishi Varma
Mrs Gytri Kadikar
Mrs Ranjan Kadikar
Mr Vaibhav Kadikar


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
27 December 2024

And signed on behalf of the board by:
Name: Mr Dattatraya Kadikar
Status: Director

XLIN STARTUP SERVICES C.I.C.

Profit And Loss Account

for the Period Ended 28 March 2024

2024 2023


£

£
Turnover: 750 975
Gross profit(or loss): 750 975
Administrative expenses: ( 635 ) ( 1,013 )
Operating profit(or loss): 115 (38)
Profit(or loss) before tax: 115 (38)
Profit(or loss) for the financial year: 115 (38)

XLIN STARTUP SERVICES C.I.C.

Balance sheet

As at 28 March 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 23,972 23,972
Cash at bank and in hand: 1,559 731
Total current assets: 25,531 24,703
Creditors: amounts falling due within one year: 4 ( 72,704 ) ( 71,991 )
Net current assets (liabilities): (47,173) (47,288)
Total assets less current liabilities: (47,173) ( 47,288)
Total net assets (liabilities): (47,173) (47,288)
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: (48,173 ) (48,288 )
Total Shareholders' funds: ( 47,173 ) (47,288)

The notes form part of these financial statements

XLIN STARTUP SERVICES C.I.C.

Balance sheet statements

For the year ending 28 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 27 December 2024
and signed on behalf of the board by:

Name: Mr Dattatraya Kadikar
Status: Director

The notes form part of these financial statements

XLIN STARTUP SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 28 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

XLIN STARTUP SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 28 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

XLIN STARTUP SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 28 March 2024

3. Debtors

2024 2023
£ £
Trade debtors 23,972 23,972
Total 23,972 23,972

XLIN STARTUP SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 28 March 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 72,704 71,991
Total 72,704 71,991

COMMUNITY INTEREST ANNUAL REPORT

XLIN STARTUP SERVICES C.I.C.

Company Number: 07478782 (England and Wales)

Year Ending: 28 March 2024

Company activities and impact

XLIN Startup Services CIC has continued supporting start-up small businesses by providing them free business advice, affordable office space and other business support services, where required. Business coaching and mentoring support are also provided. XLIN startup services CIC is in the process of setting up Startup Hubs to help startups get access to office space and creative space at discounted rates and even free of costs in some cases. This activity has been delayed due to Coronavirus Pandemic during last few years. XLIN Startup Services continues to help startup and small businesses in setting an online presence for their business and guides them with online marketing. Company provides support services like help with Social Media Marketing and networking events to help startups in growing their businesses. Most of the services are provided free of charge

Consultation with stakeholders

Company consults the stakeholders, mainly start-up businesses, to know their specific needs and designs its services to serve them better. Company also interacts with external advisors to get their support and inputs where required to make its services more meaningful. Company participates and arranges events for start-ups to help them with basic management and administrative tasks.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
27 December 2024

And signed on behalf of the board by:
Name: Mr Dattatraya Kadikar
Status: Director