08135887falsemanagement consultancy activities and holding company2023-08-012024-07-31http://www.companieshouse.gov.uk/2023-07-31http://www.companieshouse.gov.uk/cd:CompanySecretary12023-08-012024-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-07-31http://www.companieshouse.gov.uk/cd:Director12023-08-012024-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-07-31http://www.companieshouse.gov.uk/cd:Director22023-08-012024-07-31http://www.companieshouse.gov.uk/cd:Director32023-08-012024-07-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-08-012024-07-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-08-012024-07-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-08-012024-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-07-31http://www.companieshouse.gov.uk/2023-08-012024-07-31http://www.companieshouse.gov.uk/2023-07-31http://www.companieshouse.gov.uk/cd:FRS1022023-08-012024-07-31http://www.companieshouse.gov.uk/2024-07-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-08-012024-07-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-08-012024-07-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08135887

XAI UK Limited

ACCOUNTS
FOR THE YEAR ENDED 31/07/2024

Prepared By:
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY

XAI UK Limited

ACCOUNTS
FOR THE YEAR ENDED 31/07/2024
DIRECTORS
Brian Hogan
Jane Hogan
Graham Turner
SECRETARY
Julie Hogan
REGISTERED OFFICE
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke-on-Trent
Staffordshire
ST6 1DY
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08135887
ACCOUNTANTS
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY

XAI UK Limited

ACCOUNTS
FOR THEYEARENDED31/07/2024
CONTENTS
Page
Balance Sheet3
Notes To The Accounts4

XAI UK Limited

BALANCE SHEET AT 31/07/2024
20242023
Notes££
FIXED ASSETS
Investment Assets4500500
CURRENT ASSETS
Debtors5159,225-
Cash at bank and in hand12,71412,824
171,93912,824
CREDITORS: Amounts falling due within one year61,8271,477
NET CURRENT ASSETS170,11211,347
TOTAL ASSETS LESS CURRENT LIABILITIES170,61211,847
CAPITAL AND RESERVES
Called up share capital71,0001,000
Profit and loss account169,61210,847
SHAREHOLDERS' FUNDS170,61211,847
For the year ending 31/07/2024 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 10/04/2025 and signed on their behalf by
Brian Hogan
Director
Jane Hogan
Director
Graham Turner
Director

XAI UK Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/07/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
1c. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
1d. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.
1e. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2. EMPLOYEES
20242023
No.No.
Average number of employees11

XAI UK Limited

3. TANGIBLE FIXED ASSETS
Fixtures
and FittingsTotal
££
Cost
At 01/08/20234,5384,538
At 31/07/20244,5384,538
Depreciation
At 01/08/20234,5384,538
At 31/07/20244,5384,538
Net Book Amounts
At 31/07/2024--
4. FINANCIAL ASSETS
Shares in group companies
and participating interestsTotal
££
Cost
At 01/08/2023500500
At 31/07/2024500500
Amortisation
Net Book Amounts
At 31/07/2024500500
At 31/07/2023500500
The company holds 99.8% of the share capital of XAI Holdings a company incorporated in The Republic of Ireland. The aggregate amount of capital and reserves for this company as at 31 July 2024 were £4,682,275 (2023 - £5,769,961). The profit after tax of this company for the year ended 31 July 2024 was £2,736 (2023 - Profit £1,082,338).
5. DEBTORS 20242023
££
Amounts falling due within one year
Amounts due from group companies159,225-
159,225-

XAI UK Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Directors current account783433
Accruals1,0441,044
1,8271,477
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1,000 Ordinary shares of £1 each1,0001,000
1,0001,000
8. RELATED PARTY TRANSACTIONS
During the year, the director Brian Hogan received dividends in his capacity of shareholder totalling £901,060 (2023 - £128,278) from XAI UK Limited. During the year, the director Jane Hogan received dividends in her capacity of shareholder totalling £1,806 (2023 - £257) from XAI UK Limited.
XAI Holdings is a subsidiary of XAI UK Limited. During the year XAI UK Limited received dividends totalling £Nil (2023 - £1,061,631) from XAI Holdings.
There was a loan from XAI UK Limited to XAI Holdings on 22 March 2024 for £159,255. At 31 July 2024 the amount outstanding from XAI Holdings was £159,255. (2023 £Nil).