Acorah Software Products - Accounts Production 16.5.460 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 12416379 Mr Jesper Frederiksen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12416379 2024-01-31 12416379 2025-01-31 12416379 2024-02-01 2025-01-31 12416379 frs-core:CurrentFinancialInstruments 2025-01-31 12416379 frs-core:Non-currentFinancialInstruments 2025-01-31 12416379 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-01-31 12416379 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 12416379 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-31 12416379 frs-core:PlantMachinery 2025-01-31 12416379 frs-core:PlantMachinery 2024-02-01 2025-01-31 12416379 frs-core:PlantMachinery 2024-01-31 12416379 frs-core:ShareCapital 2025-01-31 12416379 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 12416379 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 12416379 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 12416379 frs-bus:SmallEntities 2024-02-01 2025-01-31 12416379 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 12416379 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 12416379 frs-bus:Director1 2024-02-01 2025-01-31 12416379 frs-countries:EnglandWales 2024-02-01 2025-01-31 12416379 2023-01-31 12416379 2024-01-31 12416379 2023-02-01 2024-01-31 12416379 frs-core:CurrentFinancialInstruments 2024-01-31 12416379 frs-core:Non-currentFinancialInstruments 2024-01-31 12416379 frs-core:ShareCapital 2024-01-31 12416379 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 12416379
X8 Developments Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Tax Link
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12416379
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,441,258 2,437,021
2,441,258 2,437,021
CURRENT ASSETS
Debtors 5 - 513
Investments 6 32,469 18,661
Cash at bank and in hand 6,259 44
38,728 19,218
Creditors: Amounts Falling Due Within One Year 7 (631,750 ) (579,894 )
NET CURRENT ASSETS (LIABILITIES) (593,022 ) (560,676 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,848,236 1,876,345
Creditors: Amounts Falling Due After More Than One Year 8 (1,904,466 ) (1,932,666 )
NET LIABILITIES (56,230 ) (56,321 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (56,231 ) (56,322 )
SHAREHOLDERS' FUNDS (56,230) (56,321)
Page 1
Page 2
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Jesper Frederiksen
Director
28/10/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
X8 Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12416379 . The registered office is 124 City Road, London, EC1V 2NX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2%
Plant & Machinery Straight Line 18%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 February 2024 2,436,621 450 2,437,071
Additions 4,287 - 4,287
As at 31 January 2025 2,440,908 450 2,441,358
Depreciation
As at 1 February 2024 - 50 50
Provided during the period - 50 50
As at 31 January 2025 - 100 100
Net Book Value
As at 31 January 2025 2,440,908 350 2,441,258
As at 1 February 2024 2,436,621 400 2,437,021
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Page 4
5. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income - 513
6. Current Asset Investments
2025 2024
£ £
Other investments, held for sale 32,469 18,661
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 2
Other taxes and social security 12,000 6,640
Director's loan account 619,750 573,252
631,750 579,894
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,686,833 1,696,833
Other loans 217,633 235,833
1,904,466 1,932,666
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 4