IRIS Accounts Production v25.3.0.601 04352032 Board of Directors 1.4.24 6.4.25 6.4.25 Medium entities true false true true false false true false These accounts have been prepared in accordance with the provisions applicable to companies subject to the medium-sized companies regime. A Ordinary 1.00000 B Ordinary 1.00000 C Ordinary 1.00000 D Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04352032 2024-03-31 04352032 2025-04-06 04352032 2024-04-01 2025-04-06 04352032 2023-03-31 04352032 2023-04-01 2024-03-31 04352032 2024-03-31 04352032 ns15:EnglandWales 2024-04-01 2025-04-06 04352032 ns14:PoundSterling 2024-04-01 2025-04-06 04352032 ns10:Director1 2024-04-01 2025-04-06 04352032 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-04-06 04352032 ns10:MediumEntities 2024-04-01 2025-04-06 04352032 ns10:Audited 2024-04-01 2025-04-06 04352032 ns10:Medium-sizedCompaniesRegimeForDirectorsReport 2024-04-01 2025-04-06 04352032 ns10:Medium-sizedCompaniesRegimeForAccounts 2024-04-01 2025-04-06 04352032 ns10:FullAccounts 2024-04-01 2025-04-06 04352032 ns10:OrdinaryShareClass2 2024-04-01 2025-04-06 04352032 ns10:OrdinaryShareClass3 2024-04-01 2025-04-06 04352032 ns10:OrdinaryShareClass4 2024-04-01 2025-04-06 04352032 ns10:OrdinaryShareClass5 2024-04-01 2025-04-06 04352032 ns10:Director2 2024-04-01 2025-04-06 04352032 ns10:CompanySecretary1 2024-04-01 2025-04-06 04352032 ns10:RegisteredOffice 2024-04-01 2025-04-06 04352032 ns5:CurrentFinancialInstruments 2025-04-06 04352032 ns5:CurrentFinancialInstruments 2024-03-31 04352032 ns5:ShareCapital 2025-04-06 04352032 ns5:ShareCapital 2024-03-31 04352032 ns5:RetainedEarningsAccumulatedLosses 2025-04-06 04352032 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 04352032 ns5:ShareCapital 2023-03-31 04352032 ns5:RetainedEarningsAccumulatedLosses 2023-03-31 04352032 ns5:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 04352032 ns5:RetainedEarningsAccumulatedLosses 2024-04-01 2025-04-06 04352032 ns5:PlantMachinery 2024-04-01 2025-04-06 04352032 ns5:MotorVehicles 2024-04-01 2025-04-06 04352032 ns5:ComputerEquipment 2024-04-01 2025-04-06 04352032 ns5:OwnedAssets 2024-04-01 2025-04-06 04352032 ns5:OwnedAssets 2023-04-01 2024-03-31 04352032 ns10:OrdinaryShareClass4 2023-04-01 2024-03-31 04352032 ns10:OrdinaryShareClass5 2023-04-01 2024-03-31 04352032 ns5:PlantMachinery 2024-03-31 04352032 ns5:FurnitureFittings 2024-03-31 04352032 ns5:MotorVehicles 2024-03-31 04352032 ns5:ComputerEquipment 2024-03-31 04352032 ns5:FurnitureFittings 2024-04-01 2025-04-06 04352032 ns5:PlantMachinery 2025-04-06 04352032 ns5:FurnitureFittings 2025-04-06 04352032 ns5:MotorVehicles 2025-04-06 04352032 ns5:ComputerEquipment 2025-04-06 04352032 ns5:PlantMachinery 2024-03-31 04352032 ns5:FurnitureFittings 2024-03-31 04352032 ns5:MotorVehicles 2024-03-31 04352032 ns5:ComputerEquipment 2024-03-31 04352032 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-04-06 04352032 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 04352032 ns5:DeferredTaxation 2024-03-31 04352032 ns5:DeferredTaxation 2025-04-06 04352032 ns10:OrdinaryShareClass2 2025-04-06 04352032 ns10:OrdinaryShareClass3 2025-04-06 04352032 ns10:OrdinaryShareClass4 2025-04-06 04352032 ns10:OrdinaryShareClass5 2025-04-06

REGISTERED NUMBER: 04352032 (England and Wales)

Strategic Report,

Report of the Directors and

Financial Statements

for the Period

1 April 2024 to 6 April 2025

for

XENON SERVICES LIMITED

XENON SERVICES LIMITED (REGISTERED NUMBER: 04352032)

Contents of the Financial Statements

for the Period 1 April 2024 to 6 April 2025

Page |

Company Information | 1 |

Strategic Report | 2 |

Report of the Directors | 4 |

Report of the Independent Auditors | 5 |

Income Statement | 9 |

Other Comprehensive Income | 10 |

Balance Sheet | 11 |

Statement of Changes in Equity | 12 |

Cash Flow Statement | 13 |

Notes to the Cash Flow Statement | 14 |

Notes to the Financial Statements | 15 |

XENON SERVICES LIMITED

Company Information

for the Period 1 April 2024 to 6 April 2025

| DIRECTORS: | Mr S P Baker

| Mr R W Holland

| SECRETARY: | Mrs D Holland

| REGISTERED OFFICE: | Unit G7, South Central East

| 9 Steedman Street

| London

| SE17 3AF

| REGISTERED NUMBER: | 04352032 (England and Wales)

| AUDITORS: | JLA (UK) Ltd

| 42 Lytton Road

| Barnet

| Hertfordshire

| EN5 5BY

XENON SERVICES LIMITED (REGISTERED NUMBER: 04352032)

Strategic Report

for the Period 1 April 2024 to 6 April 2025

The directors present their strategic report for the period 1 April 2024 to 6 April 2025.

REVIEW OF BUSINESS

The profit and loss account on page 9 of the financial statements provides a summary of the company's trading results for the year.

The performance and results for the are in line with the directors' expectations in an ever increasing competitive market.

Cash reserves have remained healthy over the year and the company with a year end cash balance of £1.3m (2024: £1.9m).

The company's balance sheet remains strong with current assets of £4.07m and shareholder's funds of £2.7m.

The directors' continue to review the business to ensure it maintains its competitive edge over other similar businesses.

PRINCIPAL RISKS AND UNCERTAINTIES

The principal risks and uncertainties facing the company include the current state of the world's financial market in particular, interest rates, increasing energy costs affecting the company and/or its suppliers and customers, staff costs, customer's financial stability and ability to pay, competition, other economic and market conditions, volatile exchange rates and cash flow risk.

The financial instruments used by the company arise wholly and directly from its activities. The main financial instruments comprise debtors, cash at bank and trade creditors. The financial risks arising from these financial instruments are considered low. The mature financial stability of the business ensures the company maintains excellent terms with preferred suppliers and their credit partners.

Liquidity and cash flow risk

The directors consider the company to have sufficient available funds for operations. The directors are presented with management accounts on a monthly basis and future plans, opportunities and risks are discussed.

Price risk

Expenditure made by the company is authorised prior to it being made by management in order to ensure that goods and services are not obtained at a higher price than necessary.

KEY PERFORMANCE INDICATORS

The key performance indicators used by the company include Turnover, Gross Profit Margin and Net Profit before before taxation.

The company's turnover for the year was £13.9m, increase of 10.1% from the previous year's turnover of £12.6m.

Gross profit margin for the year was 24%, this was an increase of 5% from the previous year's margins of 19%.

The company's net profit before taxation was £1.84m for the year, an increase of 68% from the previous year's net profit of £1.09m. An increase in sales and review of expenditure of staff, energy and general administration cost were the main drivers for the increase in net profit.

The results were in line with targets and expectations.

OTHER KEY PERFORMANCE INDICATORS

The non-financial key performance indicators include ensuring that service quality are of a reasonable value whilst constantly striving to improve quality control measures.

The directors are mindful of environmental issues and have sought to minimise the impact of the company's activities on the environment. In addition, other non-financial key performance indicators include raising brand awareness and the company profile measured by both customer and supplier loyalties.

Key performance indicators are maintained across all parts of the business to ensure we are constantly monitoring and challenging our results.

XENON SERVICES LIMITED (REGISTERED NUMBER: 04352032)

Strategic Report

for the Period 1 April 2024 to 6 April 2025

YEAR END CHANGE

During the period, the company's accounting reference date remained 31 March, however, the company has chosen to prepare financial statements for the period ending 6th April 2025.

As a result, these financial statements cover the period ended 6 April 2025, with comparatives shown for the year ended 31 March 2024.

The change was made to align the company’s reporting period with future statutory requirements and to take advantage of revised audit exemption thresholds. The directors anticipate that, following this change, the company may qualify for exemption from statutory audit in subsequent years under the increased thresholds introduced by UK legislation.

ON BEHALF OF THE BOARD:

Mr S P Baker - Director

22 January 2026

XENON SERVICES LIMITED (REGISTERED NUMBER: 04352032)

Report of the Directors

for the Period 1 April 2024 to 6 April 2025

The directors present their report with the financial statements of the company for the period 1 April 2024 to 6 April 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the period under review was that of cleaning services.

DIVIDENDS

The total distribution of dividends for the period ended 6 April 2025 will be £ 1,100,000 .

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

Mr S P Baker

Mr R W Holland

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

- | select suitable accounting policies and then apply them consistently;

- | make judgements and accounting estimates that are reasonable and prudent;

- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, JLA (UK) Ltd, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

Mr S P Baker - Director

22 January 2026

Report of the Independent Auditors to the Members of

Xenon Services Limited

Opinion

We have audited the financial statements of Xenon Services Limited (the 'company') for the period ended 6 April 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- | give a true and fair view of the state of the company's affairs as at 6 April 2025 and of its profit for the period then ended;

- | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- | have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- | the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- | the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Report of the Independent Auditors to the Members of

Xenon Services Limited

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

- | adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

- | the financial statements are not in agreement with the accounting records and returns; or

- | certain disclosures of directors' remuneration specified by law are not made; or

- | we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page four, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Report of the Independent Auditors to the Members of

Xenon Services Limited

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

. the engagement partner ensured that the engagement team collectively had the appropriate competence,

capabilities and skills to identify or recognise non-compliance with applicable laws and regulations

. we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the sector;

. we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation, anti-bribery, employment and health and safety legislation;

. we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and

. identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by;

. making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and

. considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we;

. performed analytical procedures to identify any unusual or unexpected relationships;

. tested journal entries to identify unusual transactions;

. assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and

. investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

. agreeing the financial statement disclosures to underlying supporting documentation;

. reading the minutes of meetings of those charged with governance;

. inspecting legal documentation for indications of non-compliance with laws and regulations; and

. enquiring of management as to actual and potential litigation and claims.

Report of the Independent Auditors to the Members of

Xenon Services Limited

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance.

Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditors responsibilities. This description forms part of our auditor's report.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Jeffrey Lermer (Senior Statutory Auditor)

for and on behalf of JLA (UK) Ltd

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

22 January 2026

XENON SERVICES LIMITED (REGISTERED NUMBER: 04352032)

Income Statement

for the Period 1 April 2024 to 6 April 2025

| Period |

| 1.4.24 |

| to |  | Year Ended

| 6.4.25 |  | 31.3.24

| Notes | £ | £ |

TURNOVER | 13,948,046 |  | 12,654,392 |  |

Cost of sales | 10,628,102 |  | 10,192,954 |  |

GROSS PROFIT | 3,319,944 |  | 2,461,438 |  |

Administrative expenses | 1,463,169 |  | 1,382,192 |  |

1,856,775 |  | 1,079,246 |  |

Other operating income | 2,510 |  | 275 |  |

OPERATING PROFIT | 4 | 1,859,285 |  | 1,079,521 |  |

Interest receivable and similar income | 19,733 |  | 11,945 |  |

1,879,018 |  | 1,091,466 |  |

Interest payable and similar expenses | 5 | 29,868 |  | - |  |

PROFIT BEFORE TAXATION | 1,849,150 |  | 1,091,466 |  |

Tax on profit | 6 | 473,713 |  | 268,714 |  |

PROFIT FOR THE FINANCIAL PERIOD | 1,375,437 |  | 822,752 |  |

XENON SERVICES LIMITED (REGISTERED NUMBER: 04352032)

Other Comprehensive Income

for the Period 1 April 2024 to 6 April 2025

| Period |

| 1.4.24 |

| to |  | Year Ended

| 6.4.25 |  | 31.3.24

| Notes | £ | £ |

PROFIT FOR THE PERIOD | 1,375,437 |  | 822,752 |  |

OTHER COMPREHENSIVE INCOME | - |  | - |  |

TOTAL COMPREHENSIVE INCOME FOR THE PERIOD | 1,375,437 |  | 822,752 |  |

XENON SERVICES LIMITED (REGISTERED NUMBER: 04352032)

Balance Sheet

6 April 2025

| 6.4.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 8 | 62,348 |  | 54,665 |  |

CURRENT ASSETS

Stocks | 9 | 54,764 |  | 51,180 |  |

Debtors | 10 | 2,680,847 |  | 2,315,447 |  |

Cash at bank and in hand | 1,338,309 |  | 1,936,417 |  |

4,073,920 |  | 4,303,044 |  |

CREDITORS

Amounts falling due within one year | 11 | 1,394,043 |  | 1,890,921 |  |

NET CURRENT ASSETS | 2,679,877 |  | 2,412,123 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,742,225 |  | 2,466,788 |  |

PROVISIONS FOR LIABILITIES | 12 | 2,498 |  | 2,498 |  |

NET ASSETS | 2,739,727 |  | 2,464,290 |  |

CAPITAL AND RESERVES

Called up share capital | 13 | 100 |  | 100 |  |

Retained earnings | 2,739,627 |  | 2,464,190 |  |

SHAREHOLDERS' FUNDS | 2,739,727 |  | 2,464,290 |  |

The financial statements were approved by the Board of Directors and authorised for issue on 22 January 2026 and were signed on its behalf by:

Mr S P Baker - Director

XENON SERVICES LIMITED (REGISTERED NUMBER: 04352032)

Statement of Changes in Equity

for the Period 1 April 2024 to 6 April 2025

| Called up |

| share |  | Retained |  | Total

| capital |  | earnings |  | equity

£ | £ | £ |

Balance at 1 April 2023 | 100 |  | 2,641,438 |  | 2,641,538 |  |

Changes in equity

Dividends | - |  | (1,000,000 | ) | (1,000,000 | ) |

Total comprehensive income | - |  | 822,752 |  | 822,752 |  |

Balance at 31 March 2024 | 100 |  | 2,464,190 |  | 2,464,290 |  |

Changes in equity

Dividends | - |  | (1,100,000 | ) | (1,100,000 | ) |

Total comprehensive income | - |  | 1,375,437 |  | 1,375,437 |  |

Balance at 6 April 2025 | 100 |  | 2,739,627 |  | 2,739,727 |  |

XENON SERVICES LIMITED (REGISTERED NUMBER: 04352032)

Cash Flow Statement

for the Period 1 April 2024 to 6 April 2025

| Period |

| 1.4.24 |

| to |  | Year Ended

| 6.4.25 |  | 31.3.24

| Notes | £ | £ |

Cash flows from operating activities

Cash generated from operations | 1 | 1,332,812 |  | 1,749,067 |  |

Interest paid | (29,868 | ) | - |  |

Tax paid | (800,439 | ) | (207,855 | ) |

Net cash from operating activities | 502,505 |  | 1,541,212 |  |

Cash flows from investing activities

Purchase of tangible fixed assets | (28,759 | ) | (1,485 | ) |

Sale of tangible fixed assets | 8,413 |  | - |  |

Interest received | 19,733 |  | 11,945 |  |

Net cash from investing activities | (613 | ) | 10,460 |  |

Cash flows from financing activities

Equity dividends paid | (1,100,000 | ) | (1,000,000 | ) |

Net cash from financing activities | (1,100,000 | ) | (1,000,000 | ) |

(Decrease)/increase in cash and cash equivalents | (598,108 | ) | 551,672 |  |

Cash and cash equivalents at beginning of period | 2 | 1,936,417 |  | 1,384,745 |  |

Cash and cash equivalents at end of period | 2 | 1,338,309 |  | 1,936,417 |  |

XENON SERVICES LIMITED (REGISTERED NUMBER: 04352032)

Notes to the Cash Flow Statement

for the Period 1 April 2024 to 6 April 2025

1. | RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

| Period |

| 1.4.24 |

| to | Year Ended

| 6.4.25 |  | 31.3.24

£ | £ |

| Profit before taxation | 1,849,150 |  | 1,091,466 |  |

| Depreciation charges | 14,317 |  | 17,964 |  |

| Profit on disposal of fixed assets | (1,656 | ) | - |  |

| Finance costs | 29,868 |  | - |  |

| Finance income | (19,733 | ) | (11,945 | ) |

1,871,946 |  | 1,097,485 |  |

| (Increase)/decrease in stocks | (3,584 | ) | 1,745 |  |

| Increase in trade and other debtors | (323,684 | ) | (230,317 | ) |

| (Decrease)/increase in trade and other creditors | (211,866 | ) | 880,154 |  |

| Cash generated from operations | 1,332,812 |  | 1,749,067 |  |

2. | CASH AND CASH EQUIVALENTS

| The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

| Period ended 6 April 2025

| 6.4.25 |  | 1.4.24

£ | £ |

| Cash and cash equivalents | 1,338,309 |  | 1,936,417 |  |

| Year ended 31 March 2024

| 31.3.24 |  | 1.4.23

£ | £ |

| Cash and cash equivalents | 1,936,417 |  | 1,384,745 |  |

3. | ANALYSIS OF CHANGES IN NET FUNDS

| At 1.4.24 | Cash flow | At 6.4.25

£ | £ | £ |

| Net cash |

| Cash at bank and in hand | 1,936,417 |  | (598,108 | ) | 1,338,309 |  |

1,936,417 |  | (598,108 | ) | 1,338,309 |  |

| Total | 1,936,417 |  | (598,108 | ) | 1,338,309 |  |

XENON SERVICES LIMITED (REGISTERED NUMBER: 04352032)

Notes to the Financial Statements

for the Period 1 April 2024 to 6 April 2025

1. | STATUTORY INFORMATION

| Xenon Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

| The financial statements are prepared to the nearest whole Pound sterling (£).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover represents income earned from cleaning services net of value added tax.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery | - | 25% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

XENON SERVICES LIMITED (REGISTERED NUMBER: 04352032)

Notes to the Financial Statements - continued

for the Period 1 April 2024 to 6 April 2025

3. | EMPLOYEES AND DIRECTORS

| Period |

| 1.4.24 |

| to | Year Ended

| 6.4.25 |  | 31.3.24

£ | £ |

| Wages and salaries | 8,783,641 |  | 8,456,128 |  |

| Social security costs | 618,561 |  | 562,507 |  |

| Other pension costs | 138,926 |  | 152,271 |  |

9,541,128 |  | 9,170,906 |  |

| The average number of employees during the period was as follows:

| Period |

| 1.4.24 |

| to | Year Ended

| 6.4.25 |  | 31.3.24

| Head Office | 21 |  | 23 |  |

| Field | 501 |  | 566 |  |

522 |  | 589 |  |

| Period |

| 1.4.24 |

| to | Year Ended

| 6.4.25 |  | 31.3.24

£ | £ |

| Directors' remuneration | 118,210 |  | 118,328 |  |

4. | OPERATING PROFIT

| The operating profit is stated after charging/(crediting):

| Period |

| 1.4.24 |

| to | Year Ended

| 6.4.25 |  | 31.3.24

£ | £ |

| Other operating leases | 73,470 |  | 47,298 |  |

| Depreciation - owned assets | 14,319 |  | 17,964 |  |

| Profit on disposal of fixed assets | (1,656 | ) | - |  |

| Auditors' remuneration | 14,500 |  | 14,500 |  |

5. | INTEREST PAYABLE AND SIMILAR EXPENSES |

| Period |

| 1.4.24 |

| to | Year Ended

| 6.4.25 |  | 31.3.24

£ | £ |

| Interest payable | 29,868 |  | - |  |

XENON SERVICES LIMITED (REGISTERED NUMBER: 04352032)

Notes to the Financial Statements - continued

for the Period 1 April 2024 to 6 April 2025

6. | TAXATION

| Analysis of the tax charge

| The tax charge on the profit for the period was as follows:

| Period |

| 1.4.24 |

| to | Year Ended

| 6.4.25 |  | 31.3.24

£ | £ |

| Current tax:

| UK corporation tax | 473,713 |  | 285,010 |  |

| Over/under prov in prior year | - |  | (16,296 | ) |

| Tax on profit | 473,713 |  | 268,714 |  |

| UK corporation tax has been charged at 25% .

7. | DIVIDENDS

| Period |

| 1.4.24 |

| to | Year Ended

| 6.4.25 |  | 31.3.24

£ | £ |

| C Ordinary shares of £1 each |

| Interim | 550,000 |  | 500,000 |  |

| D Ordinary share of £1 |

| Interim | 550,000 |  | 500,000 |  |

1,100,000 |  | 1,000,000 |  |

8. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |  | Computer |

| machinery |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 April 2024 | 7,215 |  | - |  | 108,687 |  | 39,422 |  | 155,324 |  |

| Additions | 972 |  | 3,280 |  | 22,500 |  | 2,007 |  | 28,759 |  |

| Disposals | - |  | - |  | (16,475 | ) | - |  | (16,475 | ) |

| At 6 April 2025 | 8,187 |  | 3,280 |  | 114,712 |  | 41,429 |  | 167,608 |  |

| DEPRECIATION

| At 1 April 2024 | 3,515 |  | - |  | 67,640 |  | 29,504 |  | 100,659 |  |

| Charge for period | 1,128 |  | 68 |  | 10,524 |  | 2,599 |  | 14,319 |  |

| Eliminated on disposal | - |  | - |  | (9,718 | ) | - |  | (9,718 | ) |

| At 6 April 2025 | 4,643 |  | 68 |  | 68,446 |  | 32,103 |  | 105,260 |  |

| NET BOOK VALUE

| At 6 April 2025 | 3,544 |  | 3,212 |  | 46,266 |  | 9,326 |  | 62,348 |  |

| At 31 March 2024 | 3,700 |  | - |  | 41,047 |  | 9,918 |  | 54,665 |  |

XENON SERVICES LIMITED (REGISTERED NUMBER: 04352032)

Notes to the Financial Statements - continued

for the Period 1 April 2024 to 6 April 2025

9. | STOCKS

| 6.4.25 |  | 31.3.24

£ | £ |

| Stocks | 54,764 |  | 51,180 |  |

10. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 6.4.25 |  | 31.3.24

£ | £ |

| Trade debtors | 2,313,698 |  | 2,053,823 |  |

| Other debtors | 302,061 |  | 247,004 |  |

| Staff loans | 11,051 |  | 688 |  |

| Tax | 41,716 |  | - |  |

| Prepayments and accrued income | 12,321 |  | 13,932 |  |

2,680,847 |  | 2,315,447 |  |

11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 6.4.25 |  | 31.3.24

£ | £ |

| Trade creditors | 345,687 |  | 163,725 |  |

| Tax | - |  | 285,010 |  |

| Social security and other taxes | 274,912 |  | 262,112 |  |

| Net wages | 2,343 |  | 522,898 |  |

| VAT | 612,465 |  | 568,244 |  |

| Other creditors | 92,036 |  | 22,332 |  |

| Accruals and deferred income | 66,600 |  | 66,600 |  |

1,394,043 |  | 1,890,921 |  |

12. | PROVISIONS FOR LIABILITIES

| 6.4.25 |  | 31.3.24

£ | £ |

| Deferred tax | 2,498 |  | 2,498 |  |

| Deferred |

| tax |

£ |

| Balance at 1 April 2024 | 2,498 |  |

| Balance at 6 April 2025 | 2,498 |  |

13. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 6.4.25 |  | 31.3.24

| value: | £ | £ |

| 39 | A Ordinary | £1 | 39 |  | 39 |  |

| 10 | B Ordinary | £1 | 10 |  | 10 |  |

| 50 | C Ordinary | £1 | 50 |  | 50 |  |

| 1 | D Ordinary | £1 | 1 |  | 1 |  |

100 |  | 100 |  |

XENON SERVICES LIMITED (REGISTERED NUMBER: 04352032)

Notes to the Financial Statements - continued

for the Period 1 April 2024 to 6 April 2025

14. | RELATED PARTY DISCLOSURES

| As at the balance sheet date, Xenon Pest Prevention & Control Ltd (XPP&C) was a related party by virtue of being under common control. The financial statements include the following balances with XPP&C:

| Amounts owed, shown within trade debtors £41,130 (2024: £11,505)

| Amounts owed, shown within trade creditors £33,652 (2024: £10,055)

| Amounts due from the company, included within other debtors is £10,174 (2024: £16,000).