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Company Registration No. 06995367 (England and Wales)
Xo Ltd Unaudited accounts for the year ended 31 August 2025
Xo Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Xo Ltd Company Information for the year ended 31 August 2025
Director
Ryan David Noyes
Company Number
06995367 (England and Wales)
Registered Office
167c High Street Strood Rochester Kent ME2 4TH England
Accountants
Harrison Bernstein Ltd 10 Harmer Street Gravesend Kent DA12 2AX
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Xo Ltd Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,111
1,480
Investments
5
1,138
1,138
2,249
2,618
Current assets
Debtors
6
259,340
297,475
Cash at bank and in hand
20,286
38,323
279,626
335,798
Creditors: amounts falling due within one year
7
(250,335)
(417,361)
Net current assets/(liabilities)
29,291
(81,563)
Total assets less current liabilities
31,540
(78,945)
Creditors: amounts falling due after more than one year
8
3,106
1,906
Net assets/(liabilities)
34,646
(77,039)
Capital and reserves
Called up share capital
2
2
Profit and loss account
34,644
(77,041)
Shareholders' funds
34,646
(77,039)
For the year ending 31 August 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 11 June 2026 and were signed on its behalf by
Ryan David Noyes Director Company Registration No. 06995367
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Xo Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Xo Ltd is a private company, limited by shares, registered in England and Wales, registration number 06995367. The registered office is 167c High Street, Strood, Rochester, Kent, ME2 4TH, 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 year, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Investments
Investments in shares are included at fair value.
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:
Plant & machinery
25% Reduced Balance
Fixtures & fittings
25% Reduced Balance
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Xo Ltd Notes to the Accounts for the year ended 31 August 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 September 2024
2,293
704
2,997
At 31 August 2025
2,293
704
2,997
Depreciation
At 1 September 2024
1,151
366
1,517
Charge for the year
285
84
369
At 31 August 2025
1,436
450
1,886
Net book value
At 31 August 2025
857
254
1,111
At 31 August 2024
1,142
338
1,480
5
Investments
Subsidiary undertakings
Other investments
Total
£
£
£
Valuation at 1 September 2024
630
508
1,138
Valuation at 31 August 2025
630
508
1,138
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
37,500
Amounts due from group undertakings etc.
97,571
99,380
Other debtors
161,769
160,595
259,340
297,475
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
2,777
1,063
Amounts owed to group undertakings and other participating interests
159,230
314,124
Other creditors
102,237
101,230
Loans from directors
(15,689)
(296)
Accruals
1,780
1,240
250,335
417,361
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
(3,106)
(1,906)
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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