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Company Registration No. 15444259 (England and Wales)
Xpe Comm Ltd Unaudited accounts for the year ended 31 July 2025
Xpe Comm Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Xpe Comm Ltd Company Information for the year ended 31 July 2025
Directors
Jack Jiggens Benjamin Richards
Company Number
15444259 (England and Wales)
Registered Office
The Old Bakery 12-14 Hart Street Henley- On- Thames RG9 2AU United Kingdom
Accountants
P10 Accountancy Ltd Egerton House 68 Baker Street Weybridge KT13 8AL
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Xpe Comm Ltd Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Current assets
Inventories
1,054,619
-
Debtors
4
58,142
1
Cash at bank and in hand
35,075
-
1,147,836
1
Creditors: amounts falling due within one year
5
(1,147,483)
-
Net current assets
353
1
Net assets
353
1
Capital and reserves
Called up share capital
1
1
Profit and loss account
352
-
Shareholders' funds
353
1
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 April 2026 and were signed on its behalf by
Jack Jiggens Director Company Registration No. 15444259
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Xpe Comm Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Xpe Comm Ltd is a private company, limited by shares, registered in England and Wales, registration number 15444259. The registered office is The Old Bakery, 12-14 Hart Street, Henley- On- Thames, RG9 2AU, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Cash & cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Xpe Comm Ltd Notes to the Accounts for the year ended 31 July 2025
Taxation
The 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 net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.
4
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
22,911
-
Amounts due from group undertakings etc.
28,981
1
Other debtors
6,250
-
58,142
1
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
1,136,658
-
Trade creditors
8,576
-
Accruals
2,249
-
1,147,483
-
6
Transactions with related parties
At the balance sheet date the company was owed £7,981 (2024: £1) by XP Estates Ltd. At the balance sheet date the company was owed £21,000 (2024: £Nil ) by XP Property Ltd.
7
Average number of employees
During the year the average number of employees was 2 (2024: 3).
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