REGISTERED NUMBER: 07781676 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2024

for

X Blade Motor Bikes Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

16,378

18,195

Investments

6

-

36,802

16,378

54,997

Current assets

Debtors

7

1,354

-

Cash at bank

5,000

5,000

6,354

5,000

Creditors

Amounts falling due within one year

8

(84,922

)

(50,187

)

Net current liabilities

(78,568

)

(45,187

)

Total assets less current liabilities

(62,190

)

9,810

Creditors

Amounts falling due after more than one year

9

-

(4,838

)

Net (liabilities)/assets

(62,190

)

4,972

Capital and reserves

Called up share capital

100

100

Retained earnings

(62,290

)

4,872

Shareholders' funds

(62,190

)

4,972

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

Amir Ahmad - Director

1.	Statutory information

X Blade Motor Bikes Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07781676

Registered office:

Marshall House, Suite 21/25

124 Middleton Road

Morden

SM4 6RW

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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on straight line

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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.

3.	Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 October 2023

and 30 September 2024

7,500

Amortisation

At 1 October 2023

and 30 September 2024

7,500

Net book value

At 30 September 2024

-

At 30 September 2023

-

5.	Tangible fixed assets

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

Cost

At 1 October 2023

and 30 September 2024

500

2,530

6,255

38,000

47,285

Depreciation

At 1 October 2023

462

2,444

6,037

20,147

29,090

Charge for year

10

-

21

1,786

1,817

At 30 September 2024

472

2,444

6,058

21,933

30,907

Net book value

At 30 September 2024

28

86

197

16,067

16,378

At 30 September 2023

38

86

218

17,853

18,195

6.	Fixed asset investments

Investments (neither listed nor unlisted) were as follows:

30.9.24

30.9.23

£

£

No description

-

36,802

7.

Debtors: amounts falling due within one year

30.9.24

30.9.23

£

£

VAT

1,354

-

8.

Creditors: amounts falling due within one year

30.9.24

30.9.23

£

£

Bank loans and overdrafts (see note 10)

18,466

13,693

Trade creditors

66,456

35,775

VAT

-

719

84,922

50,187

9.

Creditors: amounts falling due after more than one year

30.9.24

30.9.23

£

£

Bank loans (see note 10)

-

4,838

10.

Loans

An analysis of the maturity of loans is given below:

30.9.24

30.9.23

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

18,466

13,693

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

4,838