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Registered number: 15899650
Xacobe Investments Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 15899650
31 March 2026 31 March 2025
Notes £ £ £ £
FIXED ASSETS
Investments 4 778,837 -
778,837 -
CURRENT ASSETS
Debtors 5 - 540
Cash at bank and in hand 5,120 60
5,120 600
Creditors: Amounts Falling Due Within One Year 6 (784,895 ) (500 )
NET CURRENT ASSETS (LIABILITIES) (779,775 ) 100
TOTAL ASSETS LESS CURRENT LIABILITIES (938 ) 100
NET (LIABILITIES)/ASSETS (938 ) 100
CAPITAL AND RESERVES
Called up share capital 7 100 100
Fair value reserve 8 7,259 -
Profit and Loss Account (8,297 ) -
SHAREHOLDERS' FUNDS (938) 100
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For the year ending 31 March 2026 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 her 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
Mrs Victoria Beever
Director
01/10/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Xacobe Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15899650 . The registered office is 308-310 Sandygate Road, Sheffield, S10 5SF.
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. Going Concern Disclosure
At the year-end, the company had net current liabilities of £779,775. Having carried out a detailed review of the company’s resources and financial position, the directors are confident that the company has sufficient cash flows to meet its liabilities as they fall due for at least one year from the date of approval of the financial statements. The directors therefore believe it is appropriate for the financial statements to be prepared on a going concern basis.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
4. Investments
Listed
£
Cost or Valuation
As at 1 April 2025 -
Additions 1,191,410
Disposals (420,978 )
Fair value adjustments 8,405
As at 31 March 2026 778,837
...CONTINUED
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Provision
As at 1 April 2025 -
As at 31 March 2026 -
Net Book Value
As at 31 March 2026 778,837
As at 1 April 2025 -
Listed investments are shown at fair value, the cost of these investments at 31 March 2026 is £771,578.
5. Debtors
31 March 2026 31 March 2025
£ £
Due within one year
Other debtors - 540
6. Creditors: Amounts Falling Due Within One Year
31 March 2026 31 March 2025
£ £
Other creditors 782,308 500
Taxation and social security 2,587 -
784,895 500
7. Share Capital
31 March 2026 31 March 2025
£ £
Allotted, Called up and fully paid 100 100
8. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 April 2025 - -
Loss for the year and total comprehensive income - (1,038 )
Transfer to/from Fair value reserve - (7,259)
Transfer to/from Profit & Loss Account 7,259 -
As at 31 March 2026 7,259 (8,297 )
Profit and loss account - this reserve records retained earnings and accumulated losses.
Fair value reserve - This reserve includes the cumulative annual fair value adjustments to listed investments of £7,259.
9. Related Party Transactions
Included within other creditors is an amount due to the director of £785,428 (2025 - £500). This loan is unsecured, repayable on demand and interest free.
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