| XPRESSO ESTATES LTD |
| Registered number: |
SC762279 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
| £ |
|
| Fixed assets |
| Intangible assets |
|
|
|
- |
| Tangible assets |
3 |
|
|
1,199 |
| Investments |
|
|
|
- |
|
|
|
|
1,199 |
|
|
| Current assets |
| Stocks |
|
|
- |
| Debtors |
4 |
|
11,333 |
| Investments held as current assets |
|
|
- |
| Cash at bank and in hand |
|
|
1,819 |
|
|
|
13,152 |
|
|
|
| Creditors: amounts falling due within one year |
5 |
|
(12,281) |
|
| Net current assets |
|
|
|
871 |
|
|
| Total assets less current liabilities |
|
|
|
2,070 |
|
|
| Creditors: amounts falling due after more than one year |
|
|
|
- |
|
| Provisions for liabilities |
|
|
|
- |
|
|
| Net assets |
|
|
|
2,070 |
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
- |
| Share premium |
|
|
|
10 |
| Revaluation reserve |
|
|
|
- |
| Profit and loss account |
|
|
|
2,060 |
|
| Shareholders' funds |
|
|
|
2,070 |
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| RASHID AHMED |
| Director |
| Approved by the board on 29 September 2025 |
|
| XPRESSO ESTATES LTD |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at 33% straight line basis. |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
|
Leased assets |
|
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
| 2 |
Employees |
2025 |
|
| Number |
|
|
|
Average number of persons employed by the company |
2 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
Fixtures & fittings |
|
|
|
|
|
Total |
| £ |
£ |
|
Cost |
|
At 1 April 2024 |
4,866 |
|
|
|
|
|
4,866 |
|
Additions |
- |
|
|
|
|
|
- |
|
Surplus on revaluation |
- |
|
|
|
|
|
- |
|
Disposals |
- |
|
|
|
|
|
- |
|
At 31 March 2025 |
4,866 |
|
|
|
|
|
4,866 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2024 |
600 |
|
|
|
|
|
600 |
|
Charge for the year |
- |
|
|
|
|
|
- |
|
Surplus on revaluation |
- |
|
|
|
|
|
- |
|
On disposals |
3,067 |
|
|
|
|
|
3,067 |
|
At 31 March 2025 |
3,667 |
|
|
|
|
|
3,667 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
1,199 |
|
|
|
|
|
1,199 |
|
At 31 March 2024 |
4,266 |
|
|
|
|
|
4,266 |
|
|
|
|
|
|
|
|
|
| 4 |
Debtors |
2025 |
|
| £ |
|
|
|
Trade debtors |
10,000 |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
- |
|
Deferred tax asset |
|
|
|
|
- |
|
Other debtors |
1,333 |
|
|
|
|
|
|
11,333 |
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
| £ |
|
|
|
Non-equity preference shares |
- |
|
Bank loans and overdrafts |
- |
|
Obligations under finance lease and hire purchase contracts |
- |
|
Trade creditors |
- |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
- |
|
Taxation and social security costs |
500 |
|
Other creditors |
11,781 |
|
|
|
|
|
|
12,281 |
|
|
|
|
|
|
|
|
|
| 6 |
Off-balance sheet arrangements |
|
|
NONE. |
|
| 7 |
Other information |
|
|
XPRESSO ESTATES LTD is a private company limited by shares and incorporated in Scotland. Its registered office is: |
|
157 URRDALE ROAD |
|
|
GLASGOW |
|
|
G41 5DG |