1 June 2024 false No description of principal activity Taxfiler 2024.6 11338658 business:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 11338658 2024-05-31 11338658 2024-06-01 2025-05-31 11338658 business:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 11338658 business:FilletedAccounts 2024-06-01 2025-05-31 11338658 2025-05-31 11338658 business:Director2 2024-06-01 2025-05-31 11338658 business:CompanySecretary1 2024-06-01 2025-05-31 11338658 business:RegisteredOffice 2024-06-01 2025-05-31 11338658 2024-05-31 11338658 core:WithinOneYear 2025-05-31 11338658 core:WithinOneYear 2024-05-31 11338658 core:AfterOneYear 2025-05-31 11338658 core:AfterOneYear 2024-05-31 11338658 core:ShareCapital core:PreviouslyStatedAmount 2025-05-31 11338658 core:ShareCapital core:PreviouslyStatedAmount 2024-05-31 11338658 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-05-31 11338658 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-05-31 11338658 core:PreviouslyStatedAmount 2025-05-31 11338658 core:PreviouslyStatedAmount 2024-05-31 11338658 business:SmallEntities 2024-06-01 2025-05-31 11338658 countries:EnglandWales 2024-06-01 2025-05-31 11338658 core:PlantMachinery 2024-06-01 2025-05-31 11338658 core:ComputerEquipment 2024-06-01 2025-05-31 11338658 core:PlantMachinery 2024-05-31 11338658 core:ComputerEquipment 2024-05-31 11338658 core:PlantMachinery 2025-05-31 11338658 core:ComputerEquipment 2025-05-31 11338658 core:WithinOneYear 2024-06-01 2025-05-31 11338658 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure
Company Registration No. 11338658 (England and Wales)
X Digital Media Ltd Unaudited accounts for the year ended 31 May 2025
X Digital Media Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
X Digital Media Ltd Company Information for the year ended 31 May 2025
Director
Williams, Jason
Secretary
Williams, Jason
Company Number
11338658 (England and Wales)
Registered Office
2nd Floor The Courtyard Loch Street Runcorn Cheshire WA7 1JA England
Accountants
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY
- 3 -
X Digital Media Ltd Accountants' report
Accountants' report to the director of X Digital Media Ltd on the preparation of the unaudited statutory accounts for the year ended 31 May 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of X Digital Media Ltd for the year ended 31 May 2025 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of X Digital Media Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of X Digital Media Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than X Digital Media Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that X Digital Media Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of X Digital Media Ltd. You consider that X Digital Media Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of X Digital Media Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY 30 September 2025
- 4 -
X Digital Media Ltd Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,091
2,139
Current assets
Debtors
5
96,526
63,184
Cash at bank and in hand
39,190
66,377
135,716
129,561
Creditors: amounts falling due within one year
6
(100,815)
(91,605)
Net current assets
34,901
37,956
Total assets less current liabilities
35,992
40,095
Creditors: amounts falling due after more than one year
7
(17,922)
(21,464)
Net assets
18,070
18,631
Capital and reserves
Called up share capital
2
2
Profit and loss account
18,068
18,629
Shareholders' funds
18,070
18,631
For the year ending 31 May 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 30 November 2025 and were signed on its behalf by
Williams, Jason Director Company Registration No. 11338658
- 5 -
X Digital Media Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
X Digital Media Ltd is a private company, limited by shares, registered in England and Wales, registration number 11338658. The registered office is 2nd Floor The Courtyard, Loch Street, Runcorn, Cheshire, WA7 1JA, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivables are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Taxation
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates.
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:
Plant & machinery
33% Straight Line
Computer equipment
33% Straight Line
- 6 -
X Digital Media Ltd Notes to the Accounts for the year ended 31 May 2025
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 June 2024
8,680
3,148
11,828
At 31 May 2025
8,680
3,148
11,828
Depreciation
At 1 June 2024
8,671
1,018
9,689
Charge for the year
9
1,039
1,048
At 31 May 2025
8,680
2,057
10,737
Net book value
At 31 May 2025
-
1,091
1,091
At 31 May 2024
9
2,130
2,139
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
72,714
59,135
Accrued income and prepayments
23,609
8,227
Other debtors
203
(4,178)
96,526
63,184
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
3,986
3,986
VAT
14,608
15,703
Trade creditors
60,765
54,796
Taxes and social security
2,092
559
Other creditors
3,526
12,843
Loans from directors
2,879
1,474
Accruals
12,959
2,244
100,815
91,605
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
17,922
21,464
8
Loans to directors
At the year end, the directors' loan accounts were overdrawn by £nil (2024: £4,744), and the loan is repayable upon demand.
- 7 -
X Digital Media Ltd Notes to the Accounts for the year ended 31 May 2025
9
Average number of employees
During the year the average number of employees was 5 (2024: 5).
- 8 -