2023-10-01 SC577417 2024-09-30 SC577417 2023-10-01 2024-09-30 SC577417 2023-09-30 SC577417 2022-10-01 2023-09-30 SC577417 uk-core:WithinOneYear 2023-09-30 SC577417 uk-core:WithinOneYear 2024-09-30 SC577417 uk-core:AfterOneYear 2023-09-30 SC577417 uk-core:AfterOneYear 2024-09-30 SC577417 uk-core:ShareCapital 2024-09-30 SC577417 uk-core:ShareCapital 2023-09-30 SC577417 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 SC577417 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 SC577417 uk-bus:Director1 2023-10-01 2024-09-30 SC577417 uk-core:PlantMachinery 2023-10-01 2024-09-30 SC577417 uk-core:FurnitureFittings 2023-10-01 2024-09-30 SC577417 uk-core:FurnitureFittings 2023-09-30 SC577417 uk-core:PlantMachinery 2023-09-30 SC577417 uk-core:PlantMachinery 2024-09-30 SC577417 uk-core:FurnitureFittings 2024-09-30 SC577417 uk-core:WithinOneYear 2024-09-30 SC577417 uk-core:WithinOneYear 2023-09-30 SC577417 uk-core:WithinOneYear 2023-10-01 2024-09-30 SC577417 uk-core:AfterOneYear uk-core:Secured 2024-09-30 SC577417 uk-core:AfterOneYear uk-core:Secured 2023-09-30 iso4217:GBP xbrli:pure SC577417 uk-bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 SC577417 uk-bus:FRS102 2023-10-01 2024-09-30 SC577417 uk-bus:FilletedAccounts 2023-10-01 2024-09-30 SC577417 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30
XOX Glam Limited
Registered Number:SC577417
For the year ended 30 September 2024
Scotland
Unaudited Financial Statements
2
For the year ended 30 September 2024
XOX Glam Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
SC577417
As at 30 September 2024
XOX Glam Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
25,609
32,772
2
25,609
32,772
Current assets
Inventories
407
407
3
3,560
Cash and cash equivalents
2,997
3,404
3,967
Trade and other payables: amounts falling due within one
year
(3,282)
(2,959)
4
685
445
Net current assets
Total assets less current liabilities
26,054
33,457
Trade and other payables: amounts falling due after more
than one year
(8,814)
(7,258)
5
18,796
Net assets
24,643
Capital and reserves
Called up share capital
1
1
Retained earnings
18,795
24,642
18,796
24,643
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 Glam Limited
Notes to the Financial Statements
Statutory Information
XOX Glam Limited is a private limited company, limited by shares, domiciled in Scotland, registration number
SC577417.
Registered address:
80 Walter Scott Avenue
Edinburgh
Lothian
EH16 5RL
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.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
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:
Plant and Machinery
10% Straight line
10% Straight line
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 Glam Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Furniture and
Fittings
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 October 2023
71,631
66,933
4,698
At 30 September 2024
4,698
66,933
71,631
Provision for depreciation and impairment
At 01 October 2023
38,859
37,578
1,281
Charge for year
7,163
6,693
470
At 30 September 2024
46,022
44,271
1,751
At 30 September 2024
Net book value
2,947
22,662
25,609
At 30 September 2023
3,417
29,355
32,772
3. Inventories
2023
2024
£
£
Stocks
407
407
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
1,556
1,556
Other creditors
1,403
1,726
2,959
3,282
Short-term creditors are measured at the transaction price. Other financial laibilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
7,258
8,814
6. Average number of persons employed
During the year the average number of employees was 0
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6
For the year ended 30 September 2024
XOX Glam Limited
Notes to the Financial Statements Continued
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