Xerimis Ltd. - Accounts to registrar (filleted) - small 18.2
Xerimis Ltd. - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Audited Financial Statements for the Year Ended 31 December 2018 |
| for |
| Xerimis Ltd. |
| Xerimis Ltd. (Registered number: 09387131) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Xerimis Ltd. |
| Company Information |
| for the Year Ended 31 December 2018 |
| Directors: |
| Registered office: |
| Registered number: |
| Senior statutory auditor: |
| Auditors: |
| Unit 3 Prenton Business Park |
| Prenton Way |
| Prenton |
| Wirral |
| CH43 3EA |
| Xerimis Ltd. (Registered number: 09387131) |
| Balance Sheet |
| 31 December 2018 |
| 2018 | 2017 |
| Notes | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Current assets |
| Debtors | 5 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities | ( |
) | ( |
) |
| Creditors |
| Amounts falling due after more than one year | 7 | ( |
) | ( |
) |
| Provisions for liabilities | 8 | ( |
) | ( |
) |
| Net liabilities | ( |
) | ( |
) |
| Capital and reserves |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| ( |
) | ( |
) |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| Xerimis Ltd. (Registered number: 09387131) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2018 |
| 1. | Statutory information |
| Xerimis Ltd. is a |
| registered office address can be found on the Company Information page. |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added |
| tax and other sales taxes. |
| Tangible fixed assets |
| Improvements to property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Office Equipment | - |
| Computer equipment | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent |
| that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively |
| enacted by the balance sheet date. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are |
| charged to profit or loss in the period to which they relate. |
| Going concern |
| The financial statements have been prepared on the going concern basis notwithstanding the fact that the company has a |
| deficiency on shareholders’ funds at the end of the year. The directors consider the basis to be appropriate as the company |
| has received a letter of support from the immediate parent company confirming that funding will continue to be provided for |
| a period of at least 12 months from the date of approval of the accounts. |
| 3. | Employees and directors |
| The average number of employees during the year was |
| Xerimis Ltd. (Registered number: 09387131) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2018 |
| 4. | Tangible fixed assets |
| Improvements | Fixtures |
| to | Plant and | and |
| property | machinery | fittings |
| £ | £ | £ |
| Cost |
| At 1 January 2018 |
| Additions |
| At 31 December 2018 |
| Depreciation |
| At 1 January 2018 |
| Charge for year |
| At 31 December 2018 |
| Net book value |
| At 31 December 2018 |
| At 31 December 2017 |
| Office | Computer |
| Equipment | equipment | Totals |
| £ | £ | £ |
| Cost |
| At 1 January 2018 |
| Additions |
| At 31 December 2018 |
| Depreciation |
| At 1 January 2018 |
| Charge for year |
| At 31 December 2018 |
| Net book value |
| At 31 December 2018 |
| At 31 December 2017 |
| Included in the Plant & Machinery totals are assets of £39,383 relating to Hire Purchase Contracts. The outstanding liability |
| will be cleared in the next 2 years. |
| Xerimis Ltd. (Registered number: 09387131) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2018 |
| 5. | Debtors: amounts falling due within one year |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Other debtors |
| VAT |
| Prepayments and accrued income |
| Prepayments |
| 6. | Creditors: amounts falling due within one year |
| 2018 | 2017 |
| £ | £ |
| Hire purchase contracts |
| Trade creditors |
| Amounts owed to associates | 3,918,215 | 3,611,146 |
| Social security and other taxes |
| Pension Liability | (32 | ) | (32 | ) |
| Accrued expenses |
| Rent Free Accrual |
| 7. | Creditors: amounts falling due after more than one year |
| 2018 | 2017 |
| £ | £ |
| Hire purchase contracts |
| 8. | Provisions for liabilities |
| 2018 | 2017 |
| £ | £ |
| Other provisions |
| Rent free accrual | 70,303 | 76,461 |
| 9. | Disclosure under Section 444(5B) of the Companies Act 2006 |
| The auditor's issued an unqualified report which included no matters drawn to our attention by way of emphasis. The |
| auditors were Woods Squared Limited and the senior statutory auditor was Alan Thomas Woods FCCA. |
| 10. | Related party disclosures |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial |
| Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly |
| owned subsidiaries within the group. |