Registration number: 04375429

Xynomix Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 9

Xynomix Limited

Company Information

Directors

Mr Andrew Cyril Elcock Mr David Eric Noble

Company secretary

Mr David Eric Noble

Registered office

Electron House Bridge Street Sandiacre Nottingham Nottinghamshire NG10 5BA

Accountants

Atkinson Evans Limited Chartered Certified AccountantsThe Old Drill Hall 10 Arnot Hill Road Arnold Nottingham Nottinghamshire NG5 6LJ

Xynomix Limited

(Registration number: 04375429)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	68,040	86,123
Current assets
Debtors	5	989,242	1,058,818
Cash at bank and in hand		158,837	265,089
		1,148,079	1,323,907
Creditors: Amounts falling due within one year	6	(972,357)	(1,087,395)
Net current assets		175,722	236,512
Total assets less current liabilities		243,762	322,635
Creditors: Amounts falling due after more than one year	6	-	(81,170)
Provisions for liabilities		(14,208)	(17,348)
Net assets		229,554	224,117
Capital and reserves
Called up share capital	7	120	120
Retained earnings		229,434	223,997
Shareholders' funds		229,554	224,117

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 March 2026 and signed on its behalf by:
 

......................................... Mr Andrew Cyril Elcock Director

Xynomix Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Electron House
Bridge Street
Sandiacre
Nottingham
Nottinghamshire
NG10 5BA

These financial statements were authorised for issue by the Board on 23 March 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Xynomix Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office Equipment	25% on Reducing Balance
Leasehold Improvements	Straight Line over 5 Years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Xynomix Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 25 (2024 - 29).

Xynomix Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Tangible assets

	Short leasehold land and buildings £	Website £	Software £	Office equipment £
Cost or valuation
At 1 January 2025	110,847	8,036	51,477	287,617
Additions	-	-	-	5,710
At 31 December 2025	110,847	8,036	51,477	293,327
Depreciation
At 1 January 2025	68,809	8,036	48,342	246,667
Charge for the year	12,400	-	783	10,610
At 31 December 2025	81,209	8,036	49,125	257,277
Carrying amount
At 31 December 2025	29,638	-	2,352	36,050
At 31 December 2024	42,038	-	3,135	40,950

	Total £
Cost or valuation
At 1 January 2025	457,977
Additions	5,710
At 31 December 2025	463,687
Depreciation
At 1 January 2025	371,854
Charge for the year	23,793
At 31 December 2025	395,647
Carrying amount
At 31 December 2025	68,040
At 31 December 2024	86,123

Included within the net book value of land and buildings above is £29,639 (2024 - £42,039) in respect of short leasehold land and buildings.
 

Xynomix Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

5

Debtors

Current	2025 £	2024 £
Trade debtors	272,927	333,836
Prepayments	18,571	24,741
Other debtors	697,744	700,241
	989,242	1,058,818

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	81,181	80,954
Trade creditors		30,562	71,193
Taxation and social security		183,959	208,693
Accruals and deferred income		666,214	710,020
Other creditors		10,441	16,535
		972,357	1,087,395

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £81,181 (2024 - £80,954).

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	-	81,170

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £0 (2024 - £81,170).

Xynomix Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
A Ordinary of £1 each	100	100	100	100
B Ordinary of £1 each	10	10	10	10
C Ordinary of £1 each	10	10	10	10
	120	120	120	120

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	81,170

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	81,181	80,954

9	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2025 £	2024 £
Not later than one year	32,000	39,000
Later than one year and not later than five years	37,000	69,000
	69,000	108,000

The amount of non-cancellable operating lease payments recognised as an expense during the year was £41,000 (2024 - £44,000).

Xynomix Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

10	Related party transactions

Transactions with directors

2025	At 1 January 2025 £	At 31 December 2025 £
Mr David Eric Noble
	202,185	202,185
	-	-
	202,185	202,185
Mr Andrew Cyril Elcock
	289,785	289,785
	-	-
	289,785	289,785

2024	At 1 January 2024 £	At 31 December 2024 £
Mr David Eric Noble
	202,185	202,185
	-	-
	202,185	202,185
Mr Andrew Cyril Elcock
	289,785	289,785
	-	-
	289,785	289,785