Company Registration No. 13207766 (England and Wales)
XN1 Limited
Unaudited accounts
for the year ended 31 July 2024
XN1 Limited
Unaudited accounts
Contents
XN1 Limited
Company Information
for the year ended 31 July 2024
Directors
Deborah Ann Gray
Camilla Lucy Frances Deakin
Robert Chandler
Company Number
13207766 (England and Wales)
Registered Office
The Studio,
821 Chorley Old Road
Bolton
Greater Manchester
BL1 5SL
United Kingdom
XN1 Limited
Statement of financial position
as at 31 July 2024
Inventories
4,629,506
5,204,759
Cash at bank and in hand
6,157
11,921
Creditors: amounts falling due within one year
(4,590,925)
(4,586,838)
Net current assets
57,564
636,654
Called up share capital
300
300
Profit and loss account
57,264
636,354
Shareholders' funds
57,564
636,654
For the 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. 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 April 2025 and were signed on its behalf by
Deborah Ann Gray
Director
Company Registration No. 13207766
XN1 Limited
Notes to the Accounts
for the year ended 31 July 2024
XN1 Limited is a private company, limited by shares, registered in England and Wales, registration number 13207766. The registered office is The Studio,, 821 Chorley Old Road, Bolton, Greater Manchester, BL1 5SL, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Finished goods
4,629,506
5,204,759
Finished Goods represents the cost to 31st July 2022 of the production of a film titled 'A Christmas Number One', less amortisation over 10 years commencing in the year to 31/07/2023.
Amounts falling due within one year
Trade debtors
12,014
6,000
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
21,675
57,603
Taxes and social security
16
-
Other creditors
4,569,234
4,529,235
7
Transactions with related parties
Transactions during the period with companies and partnerships that the Directors have an interest in, were all carried out under normal market trading conditions.
XN1 Limited
Notes to the Accounts
for the year ended 31 July 2024
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).