Company Registration No. 11102872 (England and Wales)
Xnav Electrical Ltd
Unaudited accounts
for the year ended 31 December 2025
Xnav Electrical Ltd
Unaudited accounts
Contents
Xnav Electrical Ltd
Company Information
for the year ended 31 December 2025
Company Number
11102872 (England and Wales)
Registered Office
314 Milton Road
Waterlooville
PO8 8JR
Accountants
Clare Weeks Accounting
18 Drift Road
Wallington
Fareham
Hampshire
PO16 8SY
Xnav Electrical Ltd
Statement of financial position
as at 31 December 2025
Cash at bank and in hand
4,091
1,392
Creditors: amounts falling due within one year
(11,654)
(7,454)
Net current assets
10,537
4,828
Total assets less current liabilities
10,537
12,600
Creditors: amounts falling due after more than one year
(1,040)
(5,199)
Called up share capital
100
100
Profit and loss account
9,397
7,301
Shareholders' funds
9,497
7,401
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 22 April 2026 and were signed on its behalf by
Scott Waldern
Director
Company Registration No. 11102872
Xnav Electrical Ltd
Notes to the Accounts
for the year ended 31 December 2025
Xnav Electrical Ltd is a private company, limited by shares, registered in England and Wales, registration number 11102872. The registered office is 314 Milton Road, Waterlooville, PO8 8JR.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Straight Line
Xnav Electrical Ltd
Notes to the Accounts
for the year ended 31 December 2025
4
Tangible fixed assets
Motor vehicles
At 31 December 2025
31,089
At 31 December 2025
31,089
Carrying values included above held under finance leases and hire purchase contracts:
£
£
Amounts falling due within one year
Other debtors
14,033
5,262
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
4,160
4,160
Taxes and social security
6,740
2,738
Loans from directors
754
556
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
1,040
5,199
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).