XG WATCHES LTD - Accounts

XG WATCHES LTD
Contents Page
For the year ended 29 September 2025

Director's Report	1
Statement of Financial Position	2

XG WATCHES LTD
Director's Report
For the year ended 29 September 2025

Director's report and financial statements

The director presents his/her/their report and accounts for the year ended 29 September 2025.

Director

The director who served the company throughout the year was as follows:

Aamir ISHAQ

On behalf of the board.

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Aamir ISHAQ
Director

Date approved: 26 June 2026

1

XG WATCHES LTD
Statement of Financial Position
As at 29 September 2025

	2025		2024
	£	£	£	£
Called up share capital not paid		0		(1)
Current assets	1,051		3,563
Creditors: amount falling due within one year	(982)		(3,624)
Net current assets		69		(61)
Total assets less current liabilities		69		(62)
Net assets		69		(62)


Capital and reserves		69		(62)

NOTES TO THE ACCOUNTS

General Information

XG WATCHES LTD is a private company, limited by shares, registered in England and Wales, registration number 15174375, registration address 39 39 WILLIAM VENABLES DRIVE, PRIORSLEE TELFORD,, Telford, TF2 5AH.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

For the year ended 29 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 26 June 2026 and were signed by:

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Aamir ISHAQ
Director

2

Registered Number: 15174375
England and Wales
XG WATCHES LTD

Unaudited Financial Statements

Period of accounts Start date: 30 September 2024 End date: 29 September 2025