Company Registration No. 13034290 (England and Wales)
XAD TECHNOLOGIES LTD
Unaudited accounts
for the year ended 31 August 2025
XAD TECHNOLOGIES LTD
Unaudited accounts
Contents
XAD TECHNOLOGIES LTD
Company Information
for the year ended 31 August 2025
Directors
Alia Khaled
Khaled Afsar
Amjad Hussain
Company Number
13034290 (England and Wales)
Registered Office
268 Bath Road
Slough
SL1 4DX
England
Accountants
ZIK Accountancy Services (London) Limited
85 Station Road
North Harrow
Harrow
HA2 7SW
XAD TECHNOLOGIES LTD
Statement of financial position
as at 31 August 2025
Tangible assets
94,531
22,040
Cash at bank and in hand
14,870
75,724
Creditors: amounts falling due within one year
(391,978)
(249,423)
Net current assets
551,017
293,225
Total assets less current liabilities
645,548
315,265
Creditors: amounts falling due after more than one year
(565,327)
(312,705)
Provisions for liabilities
Called up share capital
1,000
1,000
Profit and loss account
65,069
1,560
Shareholders' funds
66,069
2,560
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 directors acknowledge their 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 of Directors and authorised for issue on 14 September 2026 and were signed on its behalf by
Khaled Afsar
Director
Company Registration No. 13034290
XAD TECHNOLOGIES LTD
Notes to the Accounts
for the year ended 31 August 2025
XAD TECHNOLOGIES LTD is a private company, limited by shares, registered in England and Wales, registration number 13034290. The registered office is 268 Bath Road, Slough, SL1 4DX, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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
18% Reducing Balance Method
Motor vehicles
6% & 18% Reducing Balance Method
Computer equipment
18% Reducing Balance Method
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
XAD TECHNOLOGIES LTD
Notes to the Accounts
for the year ended 31 August 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
17,503
9,299
2,950
29,752
Additions
-
89,485
2,477
91,962
At 31 August 2025
17,503
98,784
5,427
121,714
At 1 September 2024
5,601
558
1,553
7,712
Charge for the year
2,142
16,632
697
19,471
At 31 August 2025
7,743
17,190
2,250
27,183
At 31 August 2025
9,760
81,594
3,177
94,531
At 31 August 2024
11,902
8,741
1,397
22,040
Carrying values included above held under finance leases and hire purchase contracts:
£
£
Amounts falling due within one year
Trade debtors
719,082
332,630
Other debtors
175,520
124,880
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
29,533
-
Trade creditors
39,774
47,913
Taxes and social security
99,619
23,822
Loans from directors
219,238
174,800
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
45,102
-
Amounts owed to group undertakings and other participating interests
520,225
312,705
XAD TECHNOLOGIES LTD
Notes to the Accounts
for the year ended 31 August 2025
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
9
Average number of employees
During the year the average number of employees was 35 (2024: 15).