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Registered number: 13405804
X Fibre Ltd
Financial Statements
For The Year Ended 30 November 2025
Accounts On Us Ltd
Suite 5, Crowood House
Gipsy Lane
Swindon
Wilts
SN2 8YY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13405804
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 86,545 127,271
86,545 127,271
CURRENT ASSETS
Debtors 5 322,545 425,187
Cash at bank and in hand 13,722 18,612
336,267 443,799
Creditors: Amounts Falling Due Within One Year 6 (89,592 ) (64,011 )
NET CURRENT ASSETS (LIABILITIES) 246,675 379,788
TOTAL ASSETS LESS CURRENT LIABILITIES 333,220 507,059
NET ASSETS 333,220 507,059
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 333,219 507,058
SHAREHOLDERS' FUNDS 333,220 507,059
Page 1
Page 2
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Leroy Patterson
Director
24th September 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
X Fibre Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13405804 . The registered office is 1 Wren Close, Abbeydale, Gloucester, Gloucestershire, GL4 4XR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 5 Years straight line
Motor Vehicles 20% Straight line method
Computer Equipment 3 Years straight line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 6)
3 6
Page 3
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2024 123,661 114,972 9,177 247,810
As at 30 November 2025 123,661 114,972 9,177 247,810
Depreciation
As at 1 December 2024 64,496 49,832 6,211 120,539
Provided during the period 24,732 13,028 2,966 40,726
As at 30 November 2025 89,228 62,860 9,177 161,265
Net Book Value
As at 30 November 2025 34,433 52,112 - 86,545
As at 1 December 2024 59,165 65,140 2,966 127,271
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 644 -
Other debtors 321,901 425,187
322,545 425,187
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 2,914 -
Other creditors 4,856 2,966
Taxation and social security 81,822 61,045
89,592 64,011
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 4
Page 5
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 December 2024 Amounts advanced Amounts repaid Amounts written off As at 30 November 2025
£ £ £ £ £
Mr Leroy Patterson 102,478 8,114 110,592 - -
The above loan is unsecured, interest free and repayable on demand.
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