REGISTERED NUMBER: 10278656 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD

1 AUGUST 2023 TO 31 DECEMBER 2024

FOR

XERSIZER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C A Pallister

SECRETARY:

J S Mosalski

REGISTERED OFFICE:

Unit 1, Horbury Junction Industrial Park

Calder Vale Road

Horbury

Wakefield

WF4 5ER

REGISTERED NUMBER:

10278656 (England and Wales)

AUDITORS:

Fortus Audit LLP

Equinox House

Clifton Park, Shipton Road

York

Yorkshire

YO30 5PA

FIXED ASSETS

Intangible assets

4

28,849

-

Investments

5

27,600

-

56,449

-

CURRENT ASSETS

Debtors

6

222,740

101

Cash at bank

606,672

-

829,412

101

CREDITORS

Amounts falling due within one year

7

963,956

-

NET CURRENT (LIABILITIES)/ASSETS

(134,544

)

101

TOTAL ASSETS LESS CURRENT LIABILITIES

(78,095

)

101

PROVISIONS FOR LIABILITIES

7,212

-

NET (LIABILITIES)/ASSETS

(85,307

)

101

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

(85,408

)

-

(85,307

)

101

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2025 and were signed by:

C A Pallister - Director

1.	STATUTORY INFORMATION

Xersizer Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

These financial statements cover a period of 17 months, the year end was extended to bring the company in line with the directors other companies which are related parties of this entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. As a result, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 26 (2023 - NIL ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

29,876

At 31 December 2024

29,876

AMORTISATION

Charge for period

1,027

At 31 December 2024

1,027

NET BOOK VALUE

At 31 December 2024

28,849

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

27,600

At 31 December 2024

27,600

NET BOOK VALUE

At 31 December 2024

27,600

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

2,266

-

Tax

35,342

-

VAT

134,966

-

Called up share capital not paid

101

101

Prepayments and accrued income

50,065

-

222,740

101

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

273,462

-

Other creditors

233,445

-

Accruals and deferred income

457,049

-

963,956

-

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Frances Howard FCA (Senior Statutory Auditor)

for and on behalf of Fortus Audit LLP

9.	RELATED PARTY DISCLOSURES

During the year the company purchased goods from entities under common control totaling £712,587.

At 31 December 2024 a sum of £223,340 was owed to entities under common control.

10.	ULTIMATE CONTROLLING PARTY

There is not considered to be an ultimate controlling party by virtue of the share holdings.