XTRATEK INC. LTD

Company Registration Number:
14208360 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

XTRATEK INC. LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

XTRATEK INC. LTD

Company Information

for the Period Ended 31 July 2024




Director: Samuel Nwogbo
Registered office: 405
Ashton Old Road
Manchester
England
M11 2DL
Company Registration Number: 14208360 (England and Wales)

XTRATEK INC. LTD

Directors' Report Period Ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Principal Activities

Information technology consultancy and Software development

Directors

The directors shown below have held office during the whole of the period from 01 August 2023 to 31 July 2024
Samuel Nwogbo

This report was approved by the board of directors on 1 April 2025
And Signed On Behalf Of The Board By:

Name: Samuel Nwogbo
Status: Director

XTRATEK INC. LTD

Profit and Loss Account

for the Period Ended 31 July 2024


Notes

2024
£
13 months to
31 Jul 2023
£
Turnover 8,096 4,320
Gross Profit or (Loss) 8,096 4,320
Administrative Expenses ( 8,096 ) -
Operating Profit or (Loss) 0 4,320
Profit or (Loss) Before Tax 0 4,320
Profit or (Loss) for Period 0 4,320

The notes form part of these financial statements

XTRATEK INC. LTD

Balance sheet

As at 31 July 2024


Notes

2024
£
13 months to
31 Jul 2023
£
Fixed assets
Intangible assets: 4 25,000 0
Tangible assets: 5 4,000 0
Total fixed assets: 29,000 0
Current assets
Stocks: 0 0
Debtors: 6 0 0
Cash at bank and in hand: 114 20
Total current assets: 114 20
Prepayments and accrued income: 0 0
Net current assets (liabilities): 114 20
Total assets less current liabilities: 29,114 20
Creditors: amounts falling due after more than one year: 7 ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 29,114 20

The notes form part of these financial statements

XTRATEK INC. LTD

Balance sheet continued

As at 31 July 2024


Notes

2024
£
13 months to
31 Jul 2023
£
Capital and reserves
Called up share capital: 29,114 20
Shareholders funds: 29,114 20

For the year ending 31 July 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 1 April 2025
And Signed On Behalf Of The Board By:

Name: Samuel Nwogbo
Status: Director

The notes form part of these financial statements

XTRATEK INC. LTD

Notes to the Financial Statements

for the Period Ended 31 July 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

XTRATEK INC. LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees


    2024
    13 months to
    31 Jul 2023
    Average number of employees during the period 1 1

XTRATEK INC. LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

XTRATEK INC. LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Intangible assets

Other Total
Cost £ £
At 01 August 2023 0 0
Additions 25,000 25,000
Disposals - -
Revaluations - -
Transfers - -
At 31 July 2024 25,000 25,000
Amortisation
Amortisation at 01 August 2023 0 0
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 July 2024 0 0
Net book value
Net book value at 31 July 2024 25,000 25,000
Net book value at 31 July 2023 0 0

This is an estimate of the hours of input as well as operative cost that has gone into the initial concept design, market research and, wireframes and proof of concept for our healthcare management system software. This software product is currently under development and is at the advanced prototype status.

XTRATEK INC. LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Tangible assets

Office equipment Total
Cost £ £
At 01 August 2023 0 0
Additions 4,000 4,000
Disposals - -
Revaluations - -
Transfers - -
At 31 July 2024 4,000 4,000
Depreciation
At 01 August 2023 0 0
Charge for year - -
On disposals - -
Other adjustments - -
At 31 July 2024 0 0
Net book value
At 31 July 2024 4,000 4,000
At 31 July 2023 0 0

This section captures the estimated cost of our office equipment mostly computers and other hardware , accessories and software.

XTRATEK INC. LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Debtors


2024
£
13 months to
31 Jul 2023
£
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 0 0
Total 0 0
Debtors due after more than one year: 0 0

We have no debtors

XTRATEK INC. LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

7.Creditors: amounts falling due after more than one year


2024
£
13 months to
31 Jul 2023
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 0 0
Total 0 0

We have no external creditors outside of own investment