REGISTERED NUMBER: 12820599 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

XQ TECHNICAL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr H Morrow

REGISTERED OFFICE:

20-22 Wenlock Road

London

N1 7GU

REGISTERED NUMBER:

12820599 (England and Wales)

ACCOUNTANTS:

Total Back Office Solutions Limited

4th Floor Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

FIXED ASSETS

Tangible assets

4

4,611

7,292

CURRENT ASSETS

Debtors

5

74,853

71,573

Cash at bank and in hand

388,008

234,503

462,861

306,076

CREDITORS

Amounts falling due within one year

6

(77,646

)

(54,799

)

NET CURRENT ASSETS

385,215

251,277

TOTAL ASSETS LESS CURRENT LIABILITIES

389,826

258,569

PROVISIONS FOR LIABILITIES

(1,152

)

(1,823

)

NET ASSETS

388,674

256,746

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

388,574

256,646

388,674

256,746

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 May 2026 and were signed by:

Mr H Morrow - Director

1.	STATUTORY INFORMATION

Xq Technical Ltd 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.

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

33% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 September 2024

930

10,676

11,606

Additions

-

1,135

1,135

At 31 August 2025

930

11,811

12,741

DEPRECIATION

At 1 September 2024

119

4,195

4,314

Charge for year

310

3,506

3,816

At 31 August 2025

429

7,701

8,130

NET BOOK VALUE

At 31 August 2025

501

4,110

4,611

At 31 August 2024

811

6,481

7,292

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

29,582

68,006

Other debtors

45,271

3,567

74,853

71,573

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,246

618

Corporation Tax

43,797

50,173

PAYE/NI

1,293

(20

)

VAT

26,256

1,690

Other Creditors

3,360

1,394

Directors' current accounts

694

944

77,646

54,799