Xendica Limited Filleted accounts for Companies House (small and micro)

1 false false false false false false false false false true false false false false false false No description of principal activity 2022-04-01 Sage Accounts Production Advanced 2021 - FRS102_2021 32,334 1,092 33,426 27,898 1,824 29,722 3,704 4,436 xbrli:pure xbrli:shares iso4217:GBP 05160920 2022-04-01 2023-03-31 05160920 2023-03-31 05160920 2022-03-31 05160920 2021-04-01 2022-03-31 05160920 2022-03-31 05160920 bus:RegisteredOffice 2022-04-01 2023-03-31 05160920 bus:LeadAgentIfApplicable 2022-04-01 2023-03-31 05160920 bus:Director1 2022-04-01 2023-03-31 05160920 bus:Director2 2022-04-01 2023-03-31 05160920 core:WithinOneYear 2023-03-31 05160920 core:WithinOneYear 2022-03-31 05160920 core:ShareCapital 2023-03-31 05160920 core:ShareCapital 2022-03-31 05160920 core:RetainedEarningsAccumulatedLosses 2023-03-31 05160920 core:RetainedEarningsAccumulatedLosses 2022-03-31 05160920 bus:SmallEntities 2022-04-01 2023-03-31 05160920 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 05160920 bus:FullAccounts 2022-04-01 2023-03-31 05160920 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 05160920 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 05160920 core:OfficeEquipment 2022-04-01 2023-03-31 05160920 core:OfficeEquipment 2022-03-31 05160920 core:OfficeEquipment 2023-03-31

COMPANY REGISTRATION NUMBER: 05160920

Xendica Limited

Filleted Unaudited Financial Statements

31 March 2023

Xendica Limited

Financial Statements

Year ended 31 March 2023

Contents	Page

Officers and professional advisers	1

Chartered certified accountants report to the board of directors on the preparation of the unaudited statutory financial statements	2

Statement of financial position	3

Notes to the financial statements	5

Xendica Limited

Officers and Professional Advisers

The board of directors	C M Harris
	D A Kennedy

Registered office	727-729 High Road
	London
	N12 0BP

Accountants	Complete Accounting Solutions
	Chartered Certified Accountants
	727-729 High Road
	London
	N12 0BP

Xendica Limited

Chartered Certified Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Xendica Limited

Year ended 31 March 2023

As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 March 2023, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

Complete Accounting Solutions Chartered Certified Accountants

727-729 High Road London N12 0BP

22 December 2023

Xendica Limited

Statement of Financial Position

31 March 2023

	2023	2022
Note	£	£

Fixed assets

Tangible assets	5	3,704	4,436

Current assets

Debtors	6	40,441	53,626
Cash at bank and in hand		10,781	4,136
		--------	--------
		51,222	57,762

Creditors: amounts falling due within one year	7	53,116	43,272
		--------	--------
Net current (liabilities)/assets		( 1,894)	14,490
		-------	--------
Total assets less current liabilities		1,810	18,926
		-------	--------
Net assets		1,810	18,926
		-------	--------

Capital and reserves

Called up share capital	2	2
Profit and loss account	1,808	18,924
	-------	--------
Shareholders funds	1,810	18,926
	-------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Xendica Limited

Statement of Financial Position (continued)

31 March 2023

These financial statements were approved by the board of directors and authorised for issue on 22 December 2023 , and are signed on behalf of the board by:

C M Harris

Director

Company registration number: 05160920

Xendica Limited

Notes to the Financial Statements

Year ended 31 March 2023

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 727-729 High Road, London, N12 0BP.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

In our opinion, on the basis of information and enquiries that are pertinent to the company's circumstances and which we believe to be adequate, it is appropriate to continue to treat the company as a going concern. In particular we believe that adequate cash resources will be available to cover the company's requirements for working capital for at least twelve months from the date of signing the financial statements.

Judgements and key sources of estimation uncertainty

No significant judgements have had to be made by the directors in preparing these financial statements .

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Office Equipment	-	33% straight line

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).

5. Tangible assets

	Equipment
	£
Cost
At 1 April 2022	32,334
Additions	1,092
	--------
At 31 March 2023	33,426
	--------
Depreciation
At 1 April 2022	27,898
Charge for the year	1,824
	--------
At 31 March 2023	29,722
	--------
Carrying amount
At 31 March 2023	3,704
	--------
At 31 March 2022	4,436
	--------

6. Debtors

	2023	2022
	£	£
Trade debtors	31,167	50,400
Other debtors	9,274	3,226
	--------	--------
	40,441	53,626
	--------	--------

7. Creditors: amounts falling due within one year

	2023	2022
	£	£
Trade creditors	457	457
Corporation tax	–	2,825
Other creditors	52,659	39,990
	--------	--------
	53,116	43,272
	--------	--------

8. Controlling party

The parent company is Oak Nominees Limited .