Company Registration No. 10088270 (England and Wales)
Xcel Services Ltd
Unaudited accounts
for the year ended 31 March 2021
Xcel Services Ltd
Unaudited accounts
Contents
Xcel Services Ltd
Company Information
for the year ended 31 March 2021
Company Number
10088270 (England and Wales)
Registered Office
152 CITY ROAD
LONDON
EC1V 2NX
ENGLAND
Accountants
AMS Accountants SBU Ltd
Tadis House
455 Whalley New Road
Blackburn
Lancashire
BB1 9SP
Xcel Services Ltd
Statement of financial position
as at 31 March 2021
Tangible assets
11,638
10,416
Cash at bank and in hand
90,333
52,531
Creditors: amounts falling due within one year
(56,506)
(12,165)
Net current assets
33,827
40,366
Called up share capital
100
100
Profit and loss account
45,365
50,682
Shareholders' funds
45,465
50,782
For the year ending 31 March 2021 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 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 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 and authorised for issue on 20 February 2022 and were signed on its behalf by
Razwan Akhtar
Director
Company Registration No. 10088270
Xcel Services Ltd
Notes to the Accounts
for the year ended 31 March 2021
Xcel Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 10088270. The registered office is 152 CITY ROAD, LONDON, EC1V 2NX, 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.
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:
4
Tangible fixed assets
Fixtures & fittings
5
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
13,868
8,365
Other creditors
8,303
1,800
Loans from directors
34,335
2,000
Xcel Services Ltd
Notes to the Accounts
for the year ended 31 March 2021
6
Average number of employees
During the year the average number of employees was 1 (2020: 1).
