Xydrobe Ltd - Accounts

	Registered number
	13428052

	Xydrobe Ltd
	Unaudited Accounts
	for the year ended
	31 May 2024

Xydrobe Ltd Balance Sheet as at 31 May 2024
	Notes		2024 £		2023 £
Fixed assets
Tangible assets	3		290,926		18,950
			290,926		18,950

Current assets
Debtors	4	32,378		5,624
Cash at bank and in hand		171,823		7,988
		204,201		13,612

Creditors: amounts falling due within one year	5	(361,492)		(86,621)

Net current assets / (liabilities)			(157,291)		(73,009)

Total assets less current liabilities			133,635		(54,059)

Creditors: amounts falling due after more than one year	6		(0)		(68,480)

Provisions for liabilities			(0)		(0)

Accruals and deferred income			(1,152)		(3,240)

Total net assets (liabilities)			132,483		(125,779)

Capital and reserves
Called up share capital	7		205		184
Share premium account			380,088		150,953
Profit and loss account			(247,810)		(276,916)
Shareholders' funds			132,483		(125,779)

These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 May 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Miss N Lloyd Malcolm

Director

Approved by the board on 10 October 2025

Company Number: 13428052 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

86-90 Paul Street
London
EC2A 4NE
United Kingdom

1.	Accounting policies
	Basis of preparation of financial statements These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.

	Going concern basis
	The company is funded by loans from shareholders. The directors have considered the next 12 months and due to the shareholders’ continued support by way of the loans, the directors have considered it appropriate to prepare the financial statements on the going concern basis.

	Revenue recognition
	Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances.

Tangible fixed assets depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.

Equipment

33.3% Straight Line

	Financial instruments
	Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares that are measured at fair value. Derivative financial instruments are initially recorded at cost and thereafter at fair value. All changes in fair value are recognised in the profit or loss account in the period in which they occurred.

Employees
	2024	2023
Average number of employees during the period	3	3

Tangible fixed assets
	Equipment	Total
Cost or valuation	£	£
At 1 June 2023	24,010	24,010
Additions	419,969	419,969
At 31 May 2024	443,979	443,979
Depreciation
At 1 June 2023	5,060	5,060
Charge for the period	147,993	147,993
At 31 May 2024	153,053	153,053
Net book value
At 31 May 2024	290,926	290,926
At 31 May 2023	18,950	18,950

Debtors
	2024	2023
	£	£
Other debtors	32,378	5,624
	32,378	5,624

Creditors: amounts falling due within one year
	2024	2023
	£	£
Taxation & social security	37,653	19,213
Other creditors	323,839	67,408
	361,492	86,621
Other creditors includes loans from shareholders of £321,298. Loans of £279,900 were waived during the year.

6.	Creditors: amounts falling due after one year
		2024		2023
		£		£
		0		68,480

Share capital
	2024	2023
	£	£
Allotted, called up and fully paid:
205,349 (2023: 184,908) Ordinary shares of £0.001 each	205.35	184.91

	205	184
During the period 20,441 Ordinary shares were issued. The aggregate nominal value of these shares was £20 and the consideration received was £229,156.