1 October 2023 false No description of principal activity Taxfiler 2024.6 SC384806business:PrivateLimitedCompanyLtd2023-10-012024-09-30 SC3848062023-09-30 SC3848062023-10-012024-09-30 SC384806business:AuditExemptWithAccountantsReport2023-10-012024-09-30 SC384806business:FilletedAccounts2023-10-012024-09-30 SC3848062024-09-30 SC384806business:Director12023-10-012024-09-30 SC384806business:RegisteredOffice2023-10-012024-09-30 SC3848062023-09-30 SC384806core:WithinOneYear2024-09-30 SC384806core:WithinOneYear2023-09-30 SC384806core:AfterOneYear2024-09-30 SC384806core:AfterOneYear2023-09-30 SC384806core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 SC384806core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 SC384806core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 SC384806core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 SC384806core:PreviouslyStatedAmount2024-09-30 SC384806core:PreviouslyStatedAmount2023-09-30 SC384806business:SmallEntities2023-10-012024-09-30 SC384806countries:Scotland2023-10-012024-09-30 SC384806core:FurnitureFittings2023-10-012024-09-30 SC384806core:ComputerEquipment2023-10-012024-09-30 SC384806core:FurnitureFittings2023-09-30 SC384806core:ComputerEquipment2023-09-30 SC384806core:FurnitureFittings2024-09-30 SC384806core:ComputerEquipment2024-09-30 SC3848062022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. SC384806 (Scotland)
XEED Online Ltd Unaudited accounts for the year ended 30 September 2024
XEED Online Ltd Unaudited accounts Contents
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XEED Online Ltd Company Information for the year ended 30 September 2024
Director
Craig Dunbar
Company Number
SC384806 (Scotland)
Registered Office
272 Bath Street Glasgow G2 4JR
Accountants
Calculo Ltd Eastworks Gateway Court Glasgow G40 4DS
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XEED Online Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,551 
9,513 
Current assets
Debtors
3,013 
2,260 
Cash at bank and in hand
8,110 
7,639 
11,123 
9,899 
Creditors: amounts falling due within one year
(6,839)
(7,606)
Net current assets
4,284 
2,293 
Total assets less current liabilities
13,835 
11,806 
Creditors: amounts falling due after more than one year
(4,490)
(5,678)
Net assets
9,345 
6,128 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
9,343 
6,126 
Shareholders' funds
9,345 
6,128 
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 10 May 2025 and were signed on its behalf by
Craig Dunbar Director Company Registration No. SC384806
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XEED Online Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
XEED Online Ltd is a private company, limited by shares, registered in Scotland, registration number SC384806. The registered office is 272 Bath Street, Glasgow, G2 4JR.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10% reducing balance
Computer equipment
10% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
159 
13,772 
13,931 
Additions
- 
1,099 
1,099 
At 30 September 2024
159 
14,871 
15,030 
Depreciation
At 1 October 2023
16 
4,402 
4,418 
Charge for the year
14 
1,047 
1,061 
At 30 September 2024
30 
5,449 
5,479 
Net book value
At 30 September 2024
129 
9,422 
9,551 
At 30 September 2023
143 
9,370 
9,513 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,013 
2,260 
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XEED Online Ltd Notes to the Accounts for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,195 
1,104 
Taxes and social security
715 
- 
Proposed dividends
2,000 
2,000 
Loans from directors
2,929 
4,502 
6,839 
7,606 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,490 
5,678 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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