X-Space Mobile Limited - Filleted accounts

Registered number

07437651

X-Space Mobile Limited

Unaudited Filleted Accounts

30 April 2025

X-Space Mobile Limited
Registered number:		07437651
Balance Sheet
as at 30 April 2025

Notes			2025			2024
£				£
Current assets
Debtors	3	-			30,742
Cash at bank and in hand		-			107,269
		-			138,011

Creditors: amounts falling due within one year	4	(79,397)			(214,967)

Net current liabilities			(79,397)			(76,956)

Net liabilities			(79,397)			(76,956)

Capital and reserves
Called up share capital			60,001			60,001
Profit and loss account			(139,398)			(136,957)

Shareholder's funds			(79,397)			(76,956)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Ian West
Director
Approved by the board on 1 December 2025

X-Space Mobile Limited
Notes to the Accounts
for the year ended 30 April 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 rendering of services, which is recognised by reference to the stage of completion of the contract.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:



	Plant and machinery	over 5 years


	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		1		1


3	Debtors		2025		2024
£				£

	Other debtors		-		30,742


4	Creditors: amounts falling due within one year		2025		2024
£				£

	Trade creditors		-		42,742
	Accruals & deferred revenue		-		103,655
	Other creditors		79,397		68,570
			79,397		214,967


5	Other information

	X-Space Mobile Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Angel Wharf
	170 Shepherdess Walk
	London

	N1 7JL