Company Registration No. 12937845 (England and Wales)
XMD Property Ltd
Unaudited accounts
for the year ended 31 October 2024
XMD Property Ltd
Unaudited accounts
Contents
XMD Property Ltd
Company Information
for the year ended 31 October 2024
Director
Dale Andrew Watson
Company Number
12937845 (England and Wales)
Registered Office
St. Peters Chambers
2-4 Primitive Street
HUDDERSFIELD
HD1 1QZ
ENGLAND
Accountants
HD Accountancy Services Ltd
St. Peters Chambers
2-4 Primitive Street
Huddersfield
West Yorkshire
HD1 1QZ
XMD Property Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
5,547
6,934
Investment property
215,493
215,493
Cash at bank and in hand
1,105
1,286
Creditors: amounts falling due within one year
(46,222)
(42,562)
Net current liabilities
(45,117)
(41,276)
Total assets less current liabilities
175,923
181,151
Creditors: amounts falling due after more than one year
(192,016)
(195,016)
Net liabilities
(16,093)
(13,865)
Profit and loss account
(16,094)
(13,866)
Shareholders' funds
(16,093)
(13,865)
For the year ending 31 October 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 August 2025 and were signed on its behalf by
Dale Andrew Watson
Director
Company Registration No. 12937845
XMD Property Ltd
Notes to the Accounts
for the year ended 31 October 2024
XMD Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 12937845. The registered office is St. Peters Chambers, 2-4 Primitive Street, HUDDERSFIELD, HD1 1QZ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Fair value at 1 November 2023
215,493
At 31 October 2024
215,493
XMD Property Ltd
Notes to the Accounts
for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
45,562
41,902
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
149,016
149,016
Other creditors
43,000
46,000
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).