XMC Properties Limited - Filleted accounts

Registered number

08130138

XMC Properties Limited

Unaudited Filleted Accounts

31 March 2026

XMC Properties Limited
Registered number:		08130138
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		519,231			519,636

Current assets
Cash at bank and in hand		18,774			13,139

Creditors: amounts falling due within one year	4	(394,854)			(405,063)

Net current liabilities			(376,080)			(391,924)

Net assets			143,151			127,712

Capital and reserves
Called up share capital			100			100
Profit and loss account			143,051			127,612

Shareholders' funds			143,151			127,712

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr C D Charalambou
Director
Approved by the board on 7 July 2026

XMC Properties Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the rents received or receivable, net of discounts and vat.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price).

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2025	519,231		2,899		522,130
	At 31 March 2026	519,231		2,899		522,130

	Depreciation
	At 1 April 2025	-		2,494		2,494
	Charge for the year	-		405		405
	At 31 March 2026	-		2,899		2,899

	Net book value
	At 31 March 2026	519,231		-		519,231
	At 31 March 2025	519,231		405		519,636


4	Creditors: amounts falling due within one year			2026		2025
£					£

	Corporation tax			4,102		4,723
	Other creditors			390,752		400,340
				394,854		405,063


5	Controlling party

	The ultimate controlling party of XMC Properties Limited is Mr C and Mrs E Charalambou.


6	Valuation of Investment Property

	The directors carried out a year end review of the carrying value of the companys investment properties and consider that no change is required to the current valuation.


7	Other information

	XMC Properties Limited is a private company limited by shares and incorporated in England. Its registered office is:
	26 Loughborough Road
	Thringstone
	Coalville
	Leicestershire
	LE67 8LP