Xpress Aldgate Limited - Filleted accounts

Registered number

12875372

Xpress Aldgate Limited

Filleted Accounts

31 August 2025

Xpress Aldgate Limited
Registered number:		12875372
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		147,073			183,842

Current assets
Stocks		30,000			30,000
Debtors	4	655,511			293,290
Cash at bank and in hand		281,100			260,059
		966,611			583,349

Creditors: amounts falling due within one year	5	(481,061)			(327,462)

Net current assets			485,550			255,887

Net assets			632,623			439,729

Capital and reserves
Called up share capital			1			1
Profit and loss account			632,622			439,728

Shareholders' funds			632,623			439,729

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Can Koroglu
Director
Approved by the board on 8 May 2026

Xpress Aldgate Limited
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		6		7


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 September 2024				275,011
	At 31 August 2025				275,011

	Depreciation
	At 1 September 2024				91,169
	Charge for the year				36,769
	At 31 August 2025				127,938

	Net book value
	At 31 August 2025				147,073
	At 31 August 2024				183,842


4	Debtors		2025		2024
£				£

	Other debtors		655,511		293,290


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Bank loans and overdrafts		32,676		-
	Trade creditors		111,388		28,440
	Taxation and social security costs		107,828		55,362
	Other creditors		229,169		243,660
			481,061		327,462


6	Controlling party

	Cityfitlondon Ltd holds 100% of shares issued capital.


7	Other information

	Xpress Aldgate Limited is a private company limited by shares and incorporated in England. Its registered office is:
	8 Clock House Parade
	North Circular Road
	London
	N13 6BG