XLIN STARTUP SERVICES C.I.C.

XLIN STARTUP SERVICES C.I.C.

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

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XLIN STARTUP SERVICES C.I.C.

Company Registration Number:
07478782 (England and Wales)

Unaudited statutory accounts for the year ended 28 March 2022

Period of accounts

Start date: 30 March 2021

End date: 28 March 2022

XLIN STARTUP SERVICES C.I.C.

Contents of the Financial Statements

for the Period Ended 28 March 2022

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

XLIN STARTUP SERVICES C.I.C.

Profit And Loss Account

for the Period Ended 28 March 2022

2022 2021


£
£
Turnover: 8,100 15,652
Gross profit(or loss): 8,100 15,652
Administrative expenses: ( 6,890 ) ( 28,933 )
Operating profit(or loss): 1,210 (13,281)
Profit(or loss) before tax: 1,210 (13,281)
Profit(or loss) for the financial year: 1,210 (13,281)

XLIN STARTUP SERVICES C.I.C.

Balance sheet

As at 28 March 2022

Notes 2022 2021


£
£
Current assets
Debtors: 3 22,997 24,310
Cash at bank and in hand: 892 1,365
Total current assets: 23,889 25,675
Creditors: amounts falling due within one year: 4 ( 71,139 ) ( 74,135 )
Net current assets (liabilities): (47,250) (48,460)
Total assets less current liabilities: (47,250) ( 48,460)
Total net assets (liabilities): (47,250) (48,460)
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: (48,250 ) (49,460 )
Total Shareholders' funds: ( 47,250 ) (48,460)

The notes form part of these financial statements

XLIN STARTUP SERVICES C.I.C.

Balance sheet statements

For the year ending 28 March 2022 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.

This report was approved by the board of directors on 29 March 2023
and signed on behalf of the board by:

Name: Mr 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 28 March 2022

  • 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 28 March 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 0 0

XLIN STARTUP SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 28 March 2022

3. Debtors

2022 2021
£ £
Trade debtors 22,997 24,310
Total 22,997 24,310

XLIN STARTUP SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 28 March 2022

4. Creditors: amounts falling due within one year note

2022 2021
£ £
Trade creditors 70,798 73,055
Other creditors 341 1,080
Total 71,139 74,135

COMMUNITY INTEREST ANNUAL REPORT

XLIN STARTUP SERVICES C.I.C.

Company Number: 07478782 (England and Wales)

Year Ending: 28 March 2022

Company activities and impact

XLIN Startup Services CIC has continued supporting start-up small businesses by providing them free business advice, affordable office space and other business support services, where required. Business coaching and mentoring support are also provided.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. This activity has been delayed due to Coronavirus Pandemic during this year.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 provides support services like help with Social Media Marketing and networking events 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.Company also interacts with external advisors to get their support and inputs where required to make its services more meaningful.Company participates and arranges events for start-ups to help them with basic management and administrative tasks.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
28 March 2023

And signed on behalf of the board by:
Name: Dattatraya Kaidar
Status: Director