Silverfin false false 31/07/2024 01/08/2023 31/07/2024 L Smoothy 10/12/2018 S Smoothy 09/02/2024 17 March 2025 The principal activity of the company continued to be that of a holding company. 11719872 2024-07-31 11719872 bus:Director1 2024-07-31 11719872 bus:Director2 2024-07-31 11719872 2023-07-31 11719872 core:CurrentFinancialInstruments 2024-07-31 11719872 core:CurrentFinancialInstruments 2023-07-31 11719872 core:ShareCapital 2024-07-31 11719872 core:ShareCapital 2023-07-31 11719872 core:RetainedEarningsAccumulatedLosses 2024-07-31 11719872 core:RetainedEarningsAccumulatedLosses 2023-07-31 11719872 core:CostValuation 2023-07-31 11719872 core:CostValuation 2024-07-31 11719872 core:RemainingRelatedParties core:CurrentFinancialInstruments 2024-07-31 11719872 core:RemainingRelatedParties core:CurrentFinancialInstruments 2023-07-31 11719872 2023-08-01 2024-07-31 11719872 bus:FilletedAccounts 2023-08-01 2024-07-31 11719872 bus:SmallEntities 2023-08-01 2024-07-31 11719872 bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 11719872 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 11719872 bus:Director1 2023-08-01 2024-07-31 11719872 bus:Director2 2023-08-01 2024-07-31 11719872 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Company No: 11719872 (England and Wales)

XOMZO LIMITED

Unaudited Financial Statements
For the financial year ended 31 July 2024
Pages for filing with the registrar

XOMZO LIMITED

Unaudited Financial Statements

For the financial year ended 31 July 2024

Contents

XOMZO LIMITED

BALANCE SHEET

As at 31 July 2024
XOMZO LIMITED

BALANCE SHEET (continued)

As at 31 July 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 1 1
1 1
Current assets
Debtors 4 469,090 271,010
Cash at bank and in hand 8,690 4,529
477,780 275,539
Creditors: amounts falling due within one year 5 ( 1,440) ( 2,299)
Net current assets 476,340 273,240
Total assets less current liabilities 476,341 273,241
Net assets 476,341 273,241
Capital and reserves
Called-up share capital 2 2
Profit and loss account 476,339 273,239
Total shareholders' funds 476,341 273,241

For the financial year ending 31 July 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Xomzo Limited (registered number: 11719872) were approved and authorised for issue by the Board of Directors on 17 March 2025. They were signed on its behalf by:

L Smoothy
Director
XOMZO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2024
XOMZO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Xomzo Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 1 Southbrook Mews, London, SE12 8LG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 1

3. Fixed asset investments

2024 2023
£ £
Subsidiary undertakings 1 1

Investments in subsidiaries

2024
£
Cost
At 01 August 2023 1
At 31 July 2024 1
Carrying value at 31 July 2024 1
Carrying value at 31 July 2023 1

4. Debtors

2024 2023
£ £
Amounts owed by related parties 469,090 269,000
Other debtors 0 2,010
469,090 271,010

5. Creditors: amounts falling due within one year

2024 2023
£ £
Other creditors 1,440 2,299

6. Related party transactions

At the end of the year, the company owed £nil (2023 : £499) to L Smoothy, the director of the company in respect of interest free loan which is repayable on demand.

At the end of the year, the company was owed £469,090 (2023 : £269,000 ) from One Hundred Oaks Ltd, a connected company in respect of interest free loan which is repayable on demand.