Company Registration No. 07940724 (England and Wales)
XPECTRUM LIMITED
Unaudited accounts
for the year ended 28 February 2025
XPECTRUM LIMITED
Unaudited accounts
Contents
XPECTRUM LIMITED
Company Information
for the year ended 28 February 2025
Company Number
07940724 (England and Wales)
Registered Office
Brightfield Business Hub
Bakewell Road
Orton Southgate
Peterborough
PE2 6XU
England
Accountants
Olaando Consulting Ltd
7 Bell Yard
London
WC2A 2JR
XPECTRUM LIMITED
Statement of financial position
as at 28 February 2025
Cash at bank and in hand
153
136
Creditors: amounts falling due within one year
(19,122)
(10,935)
Net current liabilities
(17,569)
(8,399)
Total assets less current liabilities
(17,569)
(8,399)
Creditors: amounts falling due after more than one year
(56,144)
(51,734)
Net liabilities
(73,713)
(60,133)
Called up share capital
100
100
Profit and loss account
(73,813)
(60,233)
Shareholders' funds
(73,713)
(60,133)
For the year ending 28 February 2025 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 28 November 2025 and were signed on its behalf by
Mo Farhat
Director
Company Registration No. 07940724
XPECTRUM LIMITED
Notes to the Accounts
for the year ended 28 February 2025
XPECTRUM LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07940724. The registered office is Brightfield Business Hub, Bakewell Road , Orton Southgate, Peterborough, PE2 6XU, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
2,166
2,166
Other creditors
16,556
8,369
The bank loan of £2,166 is the outstanding balance due within one year on the Bounce Back Loan.
5
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
47,386
40,416
The bank loan of £8,758 (2024 - £11,318) is the outstanding balance due after one year on the Bounce Back Loan.
XPECTRUM LIMITED
Notes to the Accounts
for the year ended 28 February 2025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).