30 November 2023 false No description of principal activity Taxfiler 2024.6 10537682business:PrivateLimitedCompanyLtd2023-11-302024-11-29 105376822023-11-29 105376822023-11-302024-11-29 10537682business:AuditExemptWithAccountantsReport2023-11-302024-11-29 10537682business:FilletedAccounts2023-11-302024-11-29 105376822024-11-29 10537682business:Director12023-11-302024-11-29 10537682business:RegisteredOffice2023-11-302024-11-29 10537682core:WithinOneYear2024-11-29 10537682core:AfterOneYear2024-11-29 10537682core:ShareCapitalcore:PreviouslyStatedAmount2024-11-29 10537682core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-29 10537682core:PreviouslyStatedAmount2024-11-29 10537682business:SmallEntities2023-11-302024-11-29 10537682countries:EnglandWales2023-11-302024-11-29 10537682core:FurnitureFittings2023-11-302024-11-29 10537682core:ComputerEquipment2023-11-302024-11-29 10537682core:FurnitureFittings2023-11-29 10537682core:ComputerEquipment2023-11-29 10537682core:FurnitureFittings2024-11-29 10537682core:ComputerEquipment2024-11-29 iso4217:GBP xbrli:pure
Company Registration No. 10537682 (England and Wales)
XEN ACCOUNTANTS LTD Unaudited accounts for the year ended 29 November 2024
XEN ACCOUNTANTS LTD Unaudited accounts Contents
Page
- 2 -
XEN ACCOUNTANTS LTD Company Information for the year ended 29 November 2024
Director
MUKHTAR, Muhammad Shahbaz
Company Number
10537682 (England and Wales)
Registered Office
102 A COMMERCIAL STREET NEWPORT NP20 1LU UNITED KINGDOM
- 3 -
XEN ACCOUNTANTS LTD Statement of financial position as at 29 November 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
450 
Investment property
42,000 
42,450 
Current assets
Debtors
75,527 
Creditors: amounts falling due within one year
(126,275)
Net current liabilities
(50,748)
Total assets less current liabilities
(8,298)
Creditors: amounts falling due after more than one year
(11,087)
Net liabilities
(19,385)
Capital and reserves
Called up share capital
1,000 
Profit and loss account
(20,385)
Shareholders' funds
(19,385)
For the year ending 29 November 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 8 August 2025 and were signed on its behalf by
MUKHTAR, Muhammad Shahbaz Director Company Registration No. 10537682
- 4 -
XEN ACCOUNTANTS LTD Notes to the Accounts for the year ended 29 November 2024
1
Statutory information
XEN ACCOUNTANTS LTD is a private company, limited by shares, registered in England and Wales, registration number 10537682. The registered office is 102 A COMMERCIAL STREET, NEWPORT, NP20 1LU, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and 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
15% Straight Line
Computer equipment
20% Straight Line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 30 November 2023
4,500 
3,630 
8,130 
At 29 November 2024
4,500 
3,630 
8,130 
Depreciation
At 30 November 2023
3,375 
3,252 
6,627 
Charge for the year
675 
378 
1,053 
At 29 November 2024
4,050 
3,630 
7,680 
Net book value
At 29 November 2024
450 
- 
450 
5
Investment property
2024 
£ 
Fair value at 30 November 2023
42,000 
At 29 November 2024
42,000 
- 5 -
XEN ACCOUNTANTS LTD Notes to the Accounts for the year ended 29 November 2024
6
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
68,217 
Accrued income and prepayments
7,310 
75,527 
7
Creditors: amounts falling due within one year
2024 
£ 
Bank loans and overdrafts
46,499 
VAT
68,544 
Taxes and social security
9,606 
Other creditors
1,626 
126,275 
8
Creditors: amounts falling due after more than one year
2024 
£ 
Taxes and social security
11,087 
9
Average number of employees
During the year the average number of employees was 3.
- 6 -