2023-10-01 SC426504 2024-09-30 SC426504 2023-10-01 2024-09-30 SC426504 2023-09-30 SC426504 2022-10-01 2023-09-30 SC426504 uk-core:WithinOneYear 2023-09-30 SC426504 uk-core:WithinOneYear 2024-09-30 SC426504 uk-core:AfterOneYear 2023-09-30 SC426504 uk-core:AfterOneYear 2024-09-30 SC426504 uk-core:ShareCapital 2024-09-30 SC426504 uk-core:ShareCapital 2023-09-30 SC426504 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 SC426504 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 SC426504 uk-bus:Director1 2023-10-01 2024-09-30 SC426504 uk-core:Buildings 2023-10-01 2024-09-30 SC426504 uk-core:PlantMachinery 2023-10-01 2024-09-30 SC426504 uk-core:FurnitureFittings 2023-10-01 2024-09-30 SC426504 uk-core:FurnitureFittings 2023-09-30 SC426504 uk-core:PlantMachinery 2023-09-30 SC426504 uk-core:Buildings 2023-09-30 SC426504 uk-core:Buildings 2024-09-30 SC426504 uk-core:PlantMachinery 2024-09-30 SC426504 uk-core:FurnitureFittings 2024-09-30 SC426504 uk-core:WithinOneYear uk-core:Secured 2024-09-30 SC426504 uk-core:WithinOneYear uk-core:Secured 2023-09-30 SC426504 uk-core:WithinOneYear 2024-09-30 SC426504 uk-core:WithinOneYear 2023-09-30 SC426504 uk-core:AfterOneYear uk-core:Secured 2024-09-30 SC426504 uk-core:AfterOneYear uk-core:Secured 2023-09-30 iso4217:GBP xbrli:pure SC426504 uk-bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 SC426504 uk-bus:FRS102 2023-10-01 2024-09-30 SC426504 uk-bus:FullAccounts 2023-10-01 2024-09-30 SC426504 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30
XOX Heat Ltd
Registered Number:SC426504
For the year ended 30 September 2024
Scotland
Unaudited Financial Statements
2
For the year ended 30 September 2024
XOX Heat Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
SC426504
As at 30 September 2024
XOX Heat Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
95,000
99,962
2
95,000
99,962
Current assets
Inventories
7,134
7,134
3
69
Cash and cash equivalents
69
7,203
7,203
Trade and other payables: amounts falling due within one
year
(98,391)
(94,036)
4
(91,188)
(86,833)
Net current liabilities
Total assets less current liabilities
8,167
8,774
Trade and other payables: amounts falling due after more
than one year
(79,458)
(79,687)
5
(71,520)
Net liabilities
(70,684)
Capital and reserves
Called up share capital
1
1
Retained earnings
(71,521)
(70,685)
(71,520)
(70,684)
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year 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 proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Russell Smithwaite Director
These financial statements were approved and authorised for issue by the Board on 24 February 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 September 2024
XOX Heat Ltd
Notes to the Financial Statements
Statutory Information
XOX Heat Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number SC426504.
Principal place of business:
68-70 Walter Scott Avenue
Edinburgh
Lothian
EH16 5RL
Registered address:
1 Edgelaw Rigg
Edinburgh
Lothian
EH16 6FS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
0%
Plant and Machinery
20% per annum on cost
20% per annum on cost
Furniture and Fittings
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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5
For the year ended 30 September 2024
XOX Heat Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Furniture and
Fittings
Plant and
Machinery
Land and
Buildings
£
£
£
£
Cost or
valuation
At 01 October 2023
157,404
24,811
37,593
95,000
At 30 September 2024
95,000
37,593
24,811
157,404
Provision for depreciation and impairment
At 01 October 2023
57,442
19,849
37,593
-
Charge for year
4,962
4,962
-
-
At 30 September 2024
62,404
24,811
37,593
-
At 30 September 2024
Net book value
95,000
-
-
95,000
At 30 September 2023
95,000
-
4,962
99,962
3. Inventories
2023
2024
£
£
Stocks
7,134
7,134
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
5,326
5,326
Bank loans and overdraft
-
5,555
Other creditors
88,710
87,510
94,036
98,391
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
49,145
43,590
Bank loans and overdraft (secured)
30,542
35,868
79,687
79,458
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6
For the year ended 30 September 2024
XOX Heat Ltd
Notes to the Financial Statements Continued
6. Average number of persons employed
During the year the average number of employees was 0
4 of 4