13 November 2024 v2025.31.1 limited_company_frs_102_section_1a_v1_1_2 companies_house Software false true true true No description of principal activity false true xbrli:pure xbrli:shares iso4217:GBP 16077409 2024-11-13 2025-05-31 16077409 2025-05-31 16077409 core:WithinOneYear 2025-05-31 16077409 core:AfterOneYear 2025-05-31 16077409 core:ShareCapital 2025-05-31 16077409 core:RetainedEarningsAccumulatedLosses 2025-05-31 16077409 bus:Director1 2024-11-13 2025-05-31 16077409 bus:Director2 2024-11-13 2025-05-31 16077409 bus:RegisteredOffice 2024-11-13 2025-05-31 16077409 1 2024-11-13 2025-05-31 16077409 countries:EnglandWales 2024-11-13 2025-05-31 16077409 bus:AuditExemptWithAccountantsReport 2024-11-13 2025-05-31 16077409 bus:PrivateLimitedCompanyLtd 2024-11-13 2025-05-31 16077409 bus:SmallEntities 2024-11-13 2025-05-31 16077409 bus:FullAccounts 2024-11-13 2025-05-31
Company registration number:
16077409
Xcel Build Limited
Unaudited Filleted Financial Statements for the period ended
31 May 2025
Xcel Build Limited
Report to the board of directors on the preparation of the unaudited statutory financial statements of Xcel Build Limited
Period ended
31 May 2025
As described on the statement of financial position, the Board of Directors of
Xcel Build Limited
are responsible for the preparation of the
financial statements
for the period ended
31 May 2025
, which comprise the income statement, statement of financial position, statement of changes in equity and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Atkinson Accounts
Egerton House
55 Hoole Road
Chester
CH2 3NJ
United Kingdom
Xcel Build Limited
Statement of Financial Position
31 May 2025

|  | 31 May 2025
--- | --- | ---
| Note | £
Current assets |  |  |
Debtors | 5 | 4,824 |
Cash at bank and in hand |  | 2,079 |
|  | 6,903 |
Creditors: amounts falling due within one year | 6 | (1,160 | )
Net current assets |  | 5,743 |
Total assets less current liabilities |  | 5,743 |
Creditors: amounts falling due after more than one year | 7 | (5,705 | )
Net assets |  | 38 |
Capital and reserves |  |  |
Called up share capital |  | 100 |
Profit and loss account |  | (62 | )
Shareholders funds |  | 38 |

For the period ending
31 May 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

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.
These
financial statements
were approved by the board of directors and authorised for issue on
23 May 2025
, and are signed on behalf of the board by:

C Cook | M Woodward
Director | Director

Company registration number:
16077409
Xcel Build Limited
Notes to the Financial Statements
Period ended
31 May 2025

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
55 Hoole Road
,
Chester
,
CH2 3NJ
, United Kingdom.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

## Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the entity will comply with the conditions attaching to them and the grants will be received.
Government grants are recognised using the accrual model and the performance model.
Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.
Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset.
Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

## 4 Average number of employees

The average number of persons employed by the company during the period was
2
.

## 5 Debtors

| 31 May 2025
--- | ---
| £
Other debtors | 4,824 |

## 6 Creditors: amounts falling due within one year

| 31 May 2025
--- | ---
| £
Other creditors | 1,160 |

## 7 Creditors: amounts falling due after more than one year

| 31 May 2025
--- | ---
| £
Other creditors | 5,705 |