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Registered number: 14771272
Xlsne Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2025
Avery Martin Accountants
Salvus House
Aykley Head
Durham
DH1 5TS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14771272
31 July 2025 31 July 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 20,850 23,450
Tangible Assets 5 1,343 2,291
22,193 25,741
CURRENT ASSETS
Debtors 6 3,786 1,198
Cash at bank and in hand 9,110 16,387
12,896 17,585
Creditors: Amounts Falling Due Within One Year 7 (50,989 ) (50,866 )
NET CURRENT ASSETS (LIABILITIES) (38,093 ) (33,281 )
TOTAL ASSETS LESS CURRENT LIABILITIES (15,900 ) (7,540 )
NET LIABILITIES (15,900 ) (7,540 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (15,901 ) (7,541 )
SHAREHOLDERS' FUNDS (15,900) (7,540)
Page 1
Page 2
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Sean Collier
Director
21st April 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Xlsne Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14771272 . The registered office is Southcote Durham Road, Chester Le Street, DH3 3LP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 33% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Intangible Assets
Other
£
Cost
As at 1 August 2024 26,050
As at 31 July 2025 26,050
...CONTINUED
Page 3
Page 4
Amortisation
As at 1 August 2024 2,600
Provided during the period 2,600
As at 31 July 2025 5,200
Net Book Value
As at 31 July 2025 20,850
As at 1 August 2024 23,450
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2024 3,291
Additions 149
As at 31 July 2025 3,440
Depreciation
As at 1 August 2024 1,000
Provided during the period 1,097
As at 31 July 2025 2,097
Net Book Value
As at 31 July 2025 1,343
As at 1 August 2024 2,291
6. Debtors
31 July 2025 31 July 2024
£ £
Due within one year
Trade debtors 3,272 1,124
Other debtors 514 74
3,786 1,198
7. Creditors: Amounts Falling Due Within One Year
31 July 2025 31 July 2024
£ £
Trade creditors 868 462
Other creditors 50,121 50,063
Taxation and social security - 341
50,989 50,866
Page 4
Page 5
8. Share Capital
31 July 2025 31 July 2024
£ £
Allotted, Called up and fully paid 1 1
Page 5