REGISTERED NUMBER: 14404650 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 NOVEMBER 2024 TO 28 FEBRUARY 2026

FOR

XGP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr N D McReynolds

Mrs A McReynolds

REGISTERED OFFICE:

Unit 10 Wychwood Business Centre

Milton Road

Shipton-under-Wychwood

Chipping Norton

Oxfordshire

OX7 6XU

REGISTERED NUMBER:

14404650 (England and Wales)

ACCOUNTANTS:

Bronsens Accountants Limited

Chartered Certified Accountants

Hillside

Albion Street

Chipping Norton

Oxfordshire

OX7 5BH

FIXED ASSETS

Tangible assets

4

41,256

5,828

CURRENT ASSETS

Debtors

5

5,000

1,684

Cash at bank

5,169

15,267

10,169

16,951

CREDITORS

Amounts falling due within one year

6

83,517

30,733

NET CURRENT LIABILITIES

(73,348

)

(13,782

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(32,092

)

(7,954

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

(32,192

)

(8,054

)

SHAREHOLDERS' FUNDS

(32,092

)

(7,954

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2026 and were signed on its behalf by:

Mr N D McReynolds - Director

1.	STATUTORY INFORMATION

XGP Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

These accounts have been prepared on a going concern basis. The directors will continue to support the company over the next 12 months.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 November 2024

7,285

-

7,285

Additions

48,809

749

49,558

At 28 February 2026

56,094

749

56,843

DEPRECIATION

At 1 November 2024

1,457

-

1,457

Charge for period

13,801

329

14,130

At 28 February 2026

15,258

329

15,587

NET BOOK VALUE

At 28 February 2026

40,836

420

41,256

At 31 October 2024

5,828

-

5,828

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

31.10.24

£

£

VAT

-

1,684

Prepayments

5,000

-

5,000

1,684

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

31.10.24

£

£

Trade creditors

19,396

-

VAT

1,134

-

Other creditors

11,741

12,413

Loan from Estone Fox Limited

26,929

-

Directors' current accounts

21,607

17,320

Accrued expenses

2,710

1,000

83,517

30,733

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.26

31.10.24

value:

£

£

50

Ordinary A

£1

50

50

50

Ordinary B

£1

50

50

100

100