Registration number: 03484486

XCL Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 6

XCL Limited

(Registration number: 03484486)
Balance Sheet as at 30 April 2025

	Note	2025 £	2023 £
Fixed assets
Tangible assets	4	32,551	28,083
Current assets
Debtors	5	19,146	12,621
Cash at bank and in hand		57,378	67,201
		76,524	79,822
Creditors: Amounts falling due within one year	6	(86,647)	(74,908)
Net current (liabilities)/assets		(10,123)	4,914
Total assets less current liabilities		22,428	32,997
Creditors: Amounts falling due after more than one year	6	(756)	(12,721)
Provisions for liabilities		(5,935)	(4,818)
Net assets		15,737	15,458
Capital and reserves
Called up share capital		3,000	3,000
Retained earnings		12,737	12,458
Shareholders' funds		15,737	15,458

XCL Limited

(Registration number: 03484486)
Balance Sheet as at 30 April 2025

For the financial period ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 12 September 2025 and signed on its behalf by:
 

......................................... Mrs S L Woodvine Director

XCL Limited

Notes to the Unaudited Financial Statements for the Period from 1 January 2024 to 30 April 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales .

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

XCL Limited

Notes to the Unaudited Financial Statements for the Period from 1 January 2024 to 30 April 2025

Tax

The tax expense for the period comprises current and deferred tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company.

Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures, fittings and computer equipment	15% reducing balance / straight line over 3 years
Motor vehicles	20% reducing balance

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 5 (2023 - 5).

XCL Limited

Notes to the Unaudited Financial Statements for the Period from 1 January 2024 to 30 April 2025

4	Tangible assets

	Fixtures, fittings and computer equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 January 2024	51,097	10,247	61,344
Additions	16,123	-	16,123
At 30 April 2025	67,220	10,247	77,467
Depreciation
At 1 January 2024	27,211	6,050	33,261
Charge for the period	10,536	1,119	11,655
At 30 April 2025	37,747	7,169	44,916
Carrying amount
At 30 April 2025	29,473	3,078	32,551
At 31 December 2023	23,886	4,197	28,083

5

Debtors

Current	2025 £	2023 £
Trade debtors	15,000	9,000
Other debtors	4,146	3,621
	19,146	12,621

XCL Limited

Notes to the Unaudited Financial Statements for the Period from 1 January 2024 to 30 April 2025

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2023 £
Due within one year
Loans and borrowings	7	1,134	6,698
Trade creditors		99	808
Taxation and social security		6,871	8,471
Other creditors		78,543	58,931
		86,647	74,908