Company Registration No. 13376819 (England and Wales)
Xenor UK Ltd
Unaudited accounts
for the year ended 31 May 2023
Xenor UK Ltd
Unaudited accounts
Contents
Xenor UK Ltd
Company Information
for the year ended 31 May 2023
Secretary
Wellco Secretaries Ltd
Company Number
13376819 (England and Wales)
Registered Office
Albany House
Claremont Lane
Esher
Surrey
KT10 9FQ
England
Accountants
Wellden Turnbull Limited
Albany House
Claremont Lane
Esher
Surrey
KT10 9FQ
Xenor UK Ltd
Statement of financial position
as at 31 May 2023
Tangible assets
79,827
6,643
Cash at bank and in hand
22,782
10,144
Creditors: amounts falling due within one year
(599,558)
(271,568)
Net current liabilities
(296,056)
(25,804)
Net liabilities
(216,229)
(19,161)
Called up share capital
1
1
Profit and loss account
(216,230)
(19,162)
Shareholders' funds
(216,229)
(19,161)
For the year ending 31 May 2023 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 16 February 2024 and were signed on its behalf by
Mr G J G Dokter
Director
Company Registration No. 13376819
Xenor UK Ltd
Notes to the Accounts
for the year ended 31 May 2023
Xenor UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 13376819. The registered office is Albany House, Claremont Lane, Esher, Surrey, KT10 9FQ, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
No depreciation
Fixtures & fittings
25% Straight Line
Defined contribution pension plan
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no
further payment obligations.
The contributions are recognised as an expense in the statement of income and retained earnings when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the Company in independently administered funds
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Xenor UK Ltd
Notes to the Accounts
for the year ended 31 May 2023
The company is deemed a going concern by the directors and the parent company. It has the continued financial support of the group for the foreseeable future.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2022
-
9,111
9,111
Additions
38,872
48,786
87,658
At 31 May 2023
38,872
57,897
96,769
At 1 June 2022
-
2,468
2,468
Charge for the year
-
14,474
14,474
At 31 May 2023
-
16,942
16,942
At 31 May 2023
38,872
40,955
79,827
At 31 May 2022
-
6,643
6,643
Amounts falling due within one year
Trade debtors
216,748
98,179
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
186,040
229,372
Taxes and social security
3,498
2,767
Other creditors
405,743
35,405
Loans from directors
1,499
1,499
The immediate parent of the company is Xenor Group B.V. based in The Netherlands, having its registered office C. Verolmelaan 140, 1422 ZB, Uithoorn, The Netherlands.
8
Average number of employees
During the year the average number of employees was 4 (2022: 1).
