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Company Registration No. 10922957 (England and Wales)
Xavi Group Limited Unaudited accounts for the period from 1 February 2025 to 31 December 2025
Xavi Group Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Xavi Group Limited Company Information for the period from 1 February 2025 to 31 December 2025
Director
M S Xavier
Company Number
10922957 (England and Wales)
Registered Office
62 BROADLAND DRIVE THORPE END NORWICH NR13 5BT ENGLAND
Accountants
Accountancy Plus & Payroll People Ltd Mill Cottage Norwich Road Chedgrave Norwich Norfolk NR14 6ND
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Xavi Group Limited Statement of financial position as at 31 December 2025
31/12/2025
31/01/2025
Notes
£
£
Fixed assets
Investment property
5
1,005,000
810,000
Current assets
Debtors
6
35
848
Cash at bank and in hand
800
1,465
835
2,313
Creditors: amounts falling due within one year
7
(159,752)
(43,024)
Net current liabilities
(158,917)
(40,711)
Total assets less current liabilities
846,083
769,289
Creditors: amounts falling due after more than one year
8
(574,091)
(574,091)
Provisions for liabilities
Deferred tax
(35,112)
(23,309)
Net assets
236,880
171,889
Capital and reserves
Called up share capital
2,000
2,000
Profit and loss account
234,880
169,889
Shareholders' funds
236,880
171,889
For the period 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 29 May 2026 and were signed on its behalf by
M S Xavier Director Company Registration No. 10922957
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Xavi Group Limited Notes to the Accounts for the period from 1 February 2025 to 31 December 2025
1
Statutory information
Xavi Group Limited is a private company, limited by shares, registered in England and Wales, registration number 10922957. The registered office is 62 BROADLAND DRIVE, THORPE END, NORWICH, NR13 5BT, ENGLAND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Computer equipment
25% straight line
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Investments
Investments in subsidiaries are measured at cost less accumulated impairment.
Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
Borrowing costs
All borrowing costs are recognised in the Income Statement in the period in which they are incurre
Finance costs
Finance costs are charged to the Income Statement over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
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Xavi Group Limited Notes to the Accounts for the period from 1 February 2025 to 31 December 2025
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 February 2025
309
At 31 December 2025
309
Depreciation
At 1 February 2025
309
At 31 December 2025
309
Net book value
At 31 December 2025
-
5
Investment property
31/12/2025
£
Fair value at 1 February 2025
810,000
Additions
132,881
Net gain from fair value adjustments
62,119
At 31 December 2025
1,005,000
The 2025 valuations were made by the the mortgage provider, on an open market value for existing use basis.
6
Debtors
31/12/2025
31/01/2025
£
£
Amounts falling due within one year
Accrued income and prepayments
35
848
7
Creditors: amounts falling due within one year
31/12/2025
31/01/2025
£
£
Taxes and social security
3,914
207
Loans from directors
152,500
41,000
Accruals
2,488
1,439
Deferred income
850
378
159,752
43,024
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Xavi Group Limited Notes to the Accounts for the period from 1 February 2025 to 31 December 2025
8
Creditors: amounts falling due after more than one year
31/12/2025
31/01/2025
£
£
Bank loans
574,091
574,091
Aggregate of amounts that fall due for payment after five years
-
574,091
The long term creditors represent borrowings against the properties owned by the company. The borrowings are secured against the property into which they relate.
9
Transactions with related parties
During the period, the company advanced £Nil (2025: £Nil) to an associated company, Xavi Properties Limited. The amount outstanding at the period end was £Nil (2024: £Nil). Furthermore, during the period, the company incurred management charges of £3,000 (2024: £2,280) from an associated company Xavi Management Limited. Both Xavi Properties Limited and Xavi Management Limites are associated by virtue of related directors.
10
Average number of employees
During the period the average number of employees was 1 (31/01/2025: 1).
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