XLR8 FINTECH LTD - Accounts

XLR8 FINTECH LTD
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For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

XLR8 FINTECH LTD
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Current assets
Debtors		17,792	17,742
Cash at bank and in hand		100	100
		17,892	17,842
Creditors: amount falling due within one year		(111,455)	(276,405)
Net current assets		(93,563)	(258,563)

Total assets less current liabilities		(93,563)	(258,563)
Net assets		(93,563)	(258,563)

Capital and reserves
Called up share capital	3	1,250	1,000
Share premium account		659,750	495,000
Profit and loss account		(754,563)	(754,563)
Shareholders' funds		(93,563)	(258,563)

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006 the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 31 December 2025 and were signed by:

-------------------------------
Nikunj Vyas
Director

1

XLR8 FINTECH LTD
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

XLR8 FINTECH LTD is a private company, limited by shares, registered in England and Wales, registration number 13243404, registration address Integer Millennium House, Bucknalls Lane, Watford, England, WD25 9XX.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

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)

Going concern basis

Director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus he continues to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Research and development expenditure

Research and development expenditure is charged to the income statement in the period in which it is incurred.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 0 (2024 : 2).

3.

Share Capital

Allotted, called up and fully paid	2025 £	2024 £
10,000,000 Class A shares of £0.0001 each	1,000	1,000
2,500,000 Class A shares of £0.0001 each	250	0
	1,250	1,000

2

Registered Number: 13243404
England and Wales
XLR8 FINTECH LTD

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025