XLIN STARTUP SERVICES C.I.C.

XLIN STARTUP SERVICES C.I.C.

XLIN STARTUP SERVICES C.I.C. - Company Information

Print Friendly Version

XLIN STARTUP SERVICES C.I.C.

Company Registration Number:
07478782 (England and Wales)

Unaudited statutory accounts for the year ended 30 March 2019

Period of accounts

Start date: 1 April 2018

End date: 30 March 2019

XLIN STARTUP SERVICES C.I.C.

Contents of the Financial Statements

for the Period Ended 30 March 2019

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

XLIN STARTUP SERVICES C.I.C.

Profit And Loss Account

for the Period Ended 30 March 2019

2019 2018


£
£
Turnover: 21,000 13,995
Gross profit(or loss): 21,000 13,995
Administrative expenses: ( 31,325 ) ( 16,009 )
Operating profit(or loss): (10,325) (2,014)
Profit(or loss) before tax: (10,325) (2,014)
Profit(or loss) for the financial year: (10,325) (2,014)

XLIN STARTUP SERVICES C.I.C.

Balance sheet

As at 30 March 2019

Notes 2019 2018


£
£
Current assets
Debtors: 3 14,350 5,000
Cash at bank and in hand: 1,517 727
Total current assets: 15,867 5,727
Creditors: amounts falling due within one year: 4 ( 24,050 ) ( 6,500 )
Net current assets (liabilities): (8,183) (773)
Total assets less current liabilities: (8,183) ( 773)
Creditors: amounts falling due after more than one year: 5 ( 7,455 ) ( 4,540 )
Total net assets (liabilities): (15,638) (5,313)
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: (16,638 ) (6,313 )
Total Shareholders' funds: ( 15,638 ) (5,313)

The notes form part of these financial statements

XLIN STARTUP SERVICES C.I.C.

Balance sheet statements

For the year ending 30 March 2019 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 23 December 2019
and signed on behalf of the board by:

Name: Dattatraya Kadikar
Status: Director

The notes form part of these financial statements

XLIN STARTUP SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 March 2019

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

XLIN STARTUP SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 March 2019

  • 2. Employees

    2019 2018
    Average number of employees during the period 0 0

XLIN STARTUP SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 March 2019

3. Debtors

2019 2018
£ £
Trade debtors 14,350 5,000
Total 14,350 5,000

XLIN STARTUP SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 March 2019

4. Creditors: amounts falling due within one year note

2019 2018
£ £
Trade creditors 18,000 3,000
Accruals and deferred income 350 0
Other creditors 5,700 3,500
Total 24,050 6,500

XLIN STARTUP SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 March 2019

5. Creditors: amounts falling due after more than one year note

2019 2018
£ £
Other creditors 7,455 4,540
Total 7,455 4,540

XLIN STARTUP SERVICES C.I.C.

Community Interest Annual Report

Company activities and impact

XLIN Startup Services CIC has continued supporing start-up small businesses by providing them affordable office space and other business support services, where required.XLIN startup services CIC is in the process of setting up Startup Hubs to help startups get access to office space and creative space at discounted rates and even free of costs in some cases.XLIN Startup Services continues to help startup and small businesses in setting an online presence for their business and guides them with online marketing.Company is in the process of adding other support services like help with Social Media Marketing to help startups in growing their businesses.

Consultation with stakeholders

Company consults the stakeholders, mainly start-up businesses, to know their specific needs and designs its services to serve them better.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

Dattatraya Kadikar

23 December 2019