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Registered number: 04454321
Cxg Group Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
1 Accounts Online Ltd
Office 117
The Epicentre
Haverhill
Suffolk
CB9 7LR
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04454321
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 9,134
Investment Properties 5 550,000 525,000
Investments 6 103,691 103,691
653,691 637,825
CURRENT ASSETS
Debtors 7 - 926
Cash at bank and in hand 21,836 10,560
21,836 11,486
Creditors: Amounts Falling Due Within One Year 8 (119,041 ) (218,472 )
NET CURRENT ASSETS (LIABILITIES) (97,205 ) (206,986 )
TOTAL ASSETS LESS CURRENT LIABILITIES 556,486 430,839
Creditors: Amounts Falling Due After More Than One Year 9 (409,619 ) (397,738 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (38,611 ) (29,661 )
NET ASSETS 108,256 3,440
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 108,156 3,340
SHAREHOLDERS' FUNDS 108,256 3,440
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Page 2
For the year ending 31 March 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 Robin Pilley
Director
12 December 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cxg Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04454321 . The registered office is Office 117 The Epicentre, Enterprise Way, Haverhill, Suffolk, CB9 7LR.
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:
Leasehold 15% on reducing balance
Computer Equipment 15% on reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.  The properties were revalued at the year end by the director.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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2.6. Group accounts not prepared
The company has taken advantage of the exemption in section 399 (2A) of the Companies Act 2006 from the requirement to prepare consolidated financial statements, on the grounds that it is a small sized group.
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
Leasehold Computer Equipment Total
£ £ £
Cost or Valuation
As at 1 April 2024 17,718 8,348 26,066
Disposals (17,718 ) (8,348 ) (26,066 )
As at 31 March 2025 - - -
Depreciation
As at 1 April 2024 10,745 6,187 16,932
Disposals (10,745 ) (6,187 ) (16,932 )
As at 31 March 2025 - - -
Net Book Value
As at 31 March 2025 - - -
As at 1 April 2024 6,973 2,161 9,134
5. Investment Property
2025
£
Fair Value
As at 1 April 2024 525,000
Revaluations 25,000
As at 31 March 2025 550,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 318,889 318,889
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6. Investments
Unlisted
£
Cost or Valuation
As at 1 April 2024 103,691
As at 31 March 2025 103,691
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 103,691
As at 1 April 2024 103,691
7. Debtors
2025 2024
£ £
Due within one year
Other debtors - 926
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Amounts owed to group undertakings 89,814 140,065
Other creditors 29,227 78,407
119,041 218,472
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 409,619 397,738
10. Secured Creditors
Of the creditors falling due within and after more than one year the following amounts are secured.
Bank loan is denominated in pounds with a nominal interest rate of 7.5%, and the final instalment is due in June 2042. The carrying amount at year end is £156,051 (2024: £151,525). The bank loan is secured on the relevant property.
Bank loan is denominated in pounds with a nominal interest rate of 7.5%, and the final instalment is due in June 2042. The carrying amount at year end is £253,568 (2024: £246,213). The bank loan is secured on the relevant property.
2025 2024
£ £
Bank loans and overdrafts 409,619 397,738
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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12. Related Party Transactions
CXG Lettings Ltd (100% owned subsidiary). At the year end the company owed CXG Lettings Ltd £89,814 (2024: £140,064). All transactions happen at market value. The loan is interest free and repayable on demand.
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