02459653 K Harrop D Frost J Banks 1.5.13 30.4.14 30.4.14 Company accounts Private Limited Company FY true false true false true false false Ordinary 33.30000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure024596532013-04-30024596532014-04-30024596532013-05-012014-04-30024596532012-04-30024596532012-05-012013-04-30024596532013-04-3002459653ns12:England2013-05-012014-04-3002459653ns14:PoundSterling2013-05-012014-04-3002459653ns7:Director12013-05-012014-04-3002459653ns7:Director22013-05-012014-04-3002459653ns7:Director32013-05-012014-04-3002459653ns7:OrdinaryShareClass12013-05-012014-04-3002459653ns7:CompanySecretary2013-05-012014-04-3002459653ns7:RegisteredOffice2013-05-012014-04-3002459653ns5:PlantMachinery2013-05-012014-04-3002459653ns5:FixturesFittings2013-05-012014-04-3002459653ns5:MotorVehicles2013-05-012014-04-3002459653ns5:ComputerEquipment2013-05-012014-04-3002459653ns5:FixedAssetInvestmentsOtherThanLoans2014-04-3002459653ns5:FixedAssetInvestmentsOtherThanLoans2013-04-3002459653ns5:Subsidiary12013-05-012014-04-3002459653ns5:Subsidiary22013-05-012014-04-3002459653ns5:Subsidiary22012-05-012013-04-3002459653ns7:OrdinaryShareClass12014-04-3002459653ns7:OrdinaryShareClass12013-04-3002459653ns7:Director22013-04-3002459653ns7:Director22012-04-3002459653ns7:Director22012-05-012013-04-3002459653ns7:Director22014-04-3002459653ns7:Director22013-04-30
REGISTERED NUMBER: 02459653 (England and Wales)











Abbreviated Unaudited Accounts

for the Year Ended 30 April 2014

for

XL Engineering Holdings Limited
XL Engineering Holdings Limited (Registered number: 02459653)






Contents of the Abbreviated Accounts
for the Year Ended 30 April 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4
XL Engineering Holdings Limited

Company Information
for the Year Ended 30 April 2014







DIRECTORS: D Frost
J Banks
K Harrop





SECRETARY: K Harrop





REGISTERED OFFICE: The Glades
Festival Way
Festival Park
Stoke on Trent
ST1 5SQ





REGISTERED NUMBER: 02459653 (England and Wales)





XL Engineering Holdings Limited (Registered number: 02459653)

Abbreviated Balance Sheet
30 April 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 646,999 491,714
Investments 3 200 200
647,199 491,914

CURRENT ASSETS
Debtors 456,747 527,993
Cash at bank and in hand 472,681 389,699
929,428 917,692
CREDITORS
Amounts falling due within one year 4 191,649 200,985
NET CURRENT ASSETS 737,779 716,707
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,384,978

1,208,621

CREDITORS
Amounts falling due after more than
one year

4

(294,434
)
(229,845
)

PROVISIONS FOR LIABILITIES (98,100 ) (58,500 )
NET ASSETS 992,444 920,276

CAPITAL AND RESERVES
Called up share capital 5 4 4
Profit and loss account 992,440 920,272
SHAREHOLDERS' FUNDS 992,444 920,276

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the company
as at the end of each financial year and of its profit or loss for each financial year in accordance with
the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.
XL Engineering Holdings Limited (Registered number: 02459653)

Abbreviated Balance Sheet - continued
30 April 2014


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 6 June 2014 and were signed on its
behalf by:




K Harrop - Director D Frost - Director




J Banks - Director

XL Engineering Holdings Limited (Registered number: 02459653)

Notes to the Abbreviated Accounts
for the Year Ended 30 April 2014

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on the assumption that the company is able to carry
on business as a going concern, which the directors consider appropriate having regard to the
company's current and expected performance.

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance
with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover is stated net of VAT and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery - 10% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance
sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives.
Those held under finance leases are depreciated over their estimated useful lives or the lease term,
whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant
period. The capital element of the future payments is treated as a liability.

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 the profit and loss account in the period to which they
relate.
XL Engineering Holdings Limited (Registered number: 02459653)

Notes to the Abbreviated Accounts - continued
for the Year Ended 30 April 2014

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 May 2013 757,371
Additions 237,443
Disposals (58,334 )
At 30 April 2014 936,480
DEPRECIATION
At 1 May 2013 265,657
Charge for year 64,224
Eliminated on disposal (40,400 )
At 30 April 2014 289,481
NET BOOK VALUE
At 30 April 2014 646,999
At 30 April 2013 491,714

3. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 May 2013
and 30 April 2014 200
NET BOOK VALUE
At 30 April 2014 200
At 30 April 2013 200

The company's investments at the balance sheet date in the share capital of companies include the
following:

XL Engineering Limited
Nature of business: Dormant
%
Class of shares: holding
Ordinary £1 100.00
XL Engineering Holdings Limited (Registered number: 02459653)

Notes to the Abbreviated Accounts - continued
for the Year Ended 30 April 2014

3. FIXED ASSET INVESTMENTS - continued

Xl Engineering Trading Limited
Nature of business: Engineering
%
Class of shares: holding
Ordinary £1 100.00
2014 2013
£    £   
Aggregate capital and reserves 365,445 248,087
Profit for the year 145,432 374,169

4. CREDITORS

Creditors include an amount of £ 410,108 (2013 - £ 306,435 ) for which security has been given.

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
12 Ordinary 33.3p 4 4

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2014 and
30 April 2013:

2014 2013
£    £   
D Frost
Balance outstanding at start of year 145,132 (15,588 )
Amounts advanced 18,463 160,720
Amounts repaid (9,256 ) -
Balance outstanding at end of year 154,339 145,132

The loan has no formal repayment terms. Interest was charged at 4.00% until fully repaid.

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