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REGISTERED NUMBER: 08206563 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JUNE 2023 TO 30 SEPTEMBER 2024

FOR

XPRESS BUYER LIMITED

XPRESS BUYER LIMITED (REGISTERED NUMBER: 08206563)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JUNE 2023 TO 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

XPRESS BUYER LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 JUNE 2023 TO 30 SEPTEMBER 2024







DIRECTOR: Y Gyawali





REGISTERED OFFICE: 364-368
Cranbrook Road
Gants Hill
Ilford
Essex
IG2 6HY





REGISTERED NUMBER: 08206563 (England and Wales)





ACCOUNTANTS: Prestons
Chartered Accountants
364-368 Cranbrook Road
Gants Hill
Ilford
Essex
IG2 6HY

XPRESS BUYER LIMITED (REGISTERED NUMBER: 08206563)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 21,897

CURRENT ASSETS
Stocks 5 - 153,750
Debtors 6 3,662 10,203
Cash at bank and in hand - 31,903
3,662 195,856
CREDITORS
Amounts falling due within one year 7 1,490 151,170
NET CURRENT ASSETS 2,172 44,686
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,172

66,583

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 2,171 66,582
SHAREHOLDERS' FUNDS 2,172 66,583

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

XPRESS BUYER LIMITED (REGISTERED NUMBER: 08206563)

BALANCE SHEET - continued
30 SEPTEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 February 2025 and were signed by:





Y Gyawali - Director


XPRESS BUYER LIMITED (REGISTERED NUMBER: 08206563)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JUNE 2023 TO 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Xpress Buyer Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net income receivable from sale of goods and services in the year, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.
At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit and loss

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2023 - 4 ) .

XPRESS BUYER LIMITED (REGISTERED NUMBER: 08206563)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JUNE 2023 TO 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 32,142
Disposals (32,142 )
At 30 September 2024 -
DEPRECIATION
At 1 June 2023 10,245
Eliminated on disposal (10,245 )
At 30 September 2024 -
NET BOOK VALUE
At 30 September 2024 -
At 31 May 2023 21,897

5. STOCKS
30.9.24 31.5.23
£    £   
Stocks - 153,750

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 31.5.23
£    £   
Other debtors 3,662 10,203

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 31.5.23
£    £   
Trade creditors - 108,961
Taxation and social security - 10,045
Other creditors 1,490 32,164
1,490 151,170

XPRESS BUYER LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
XPRESS BUYER LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 30 September 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Prestons
Chartered Accountants
364-368 Cranbrook Road
Gants Hill
Ilford
Essex
IG2 6HY


3 February 2025