IRIS Accounts Production v23.3.0.418 13487252 Board of Directors 1.4.22 31.3.23 31.3.23 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure134872522022-03-31134872522023-03-31134872522022-04-012023-03-31134872522021-06-30134872522021-07-012022-03-31134872522022-03-3113487252ns16:EnglandWales2022-04-012023-03-3113487252ns15:PoundSterling2022-04-012023-03-3113487252ns11:Director12022-04-012023-03-3113487252ns11:CompanyLimitedByGuarantee2022-04-012023-03-3113487252ns11:SmallEntities2022-04-012023-03-3113487252ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3113487252ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3113487252ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3113487252ns11:FullAccounts2022-04-012023-03-3113487252ns11:Director22022-04-012023-03-3113487252ns11:RegisteredOffice2022-04-012023-03-3113487252ns6:CurrentFinancialInstruments2023-03-3113487252ns6:CurrentFinancialInstruments2022-03-3113487252ns6:RetainedEarningsAccumulatedLosses2023-03-3113487252ns6:RetainedEarningsAccumulatedLosses2022-03-3113487252ns6:PlantMachinery2022-04-012023-03-3113487252ns6:PlantMachinery2023-03-3113487252ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3113487252ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-31
REGISTERED NUMBER: 13487252 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023

FOR

TXX LIMITED

TXX LIMITED (REGISTERED NUMBER: 13487252)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TXX LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: Mr E E C Parsons
Mr E J Martin





REGISTERED OFFICE: Unit 12, Greenway Farm Bath Road
Wick
Bristol
United Kingdom
BS30 5RL





REGISTERED NUMBER: 13487252 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

TXX LIMITED (REGISTERED NUMBER: 13487252)

BALANCE SHEET
31ST MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,449 -

CURRENT ASSETS
Debtors 5 8,870 -
Cash at bank 40,716 -
49,586 -
CREDITORS
Amounts falling due within one year 6 60,794 -
NET CURRENT LIABILITIES (11,208 ) -
TOTAL ASSETS LESS CURRENT
LIABILITIES

(9,759

)

-

RESERVES
Income and expenditure account (9,759 ) -
(9,759 ) -

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 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 surplus or deficit 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 27th October 2023 and were signed on its behalf by:





Mr E J Martin - Director


TXX LIMITED (REGISTERED NUMBER: 13487252)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023


1. STATUTORY INFORMATION

Txx Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

The following depreciation rates have been used:
Computer equipment - 20% straight line rate

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - NIL ) .

TXX LIMITED (REGISTERED NUMBER: 13487252)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 3,280
Disposals (1,640 )
At 31st March 2023 1,640
DEPRECIATION
Charge for year 273
Eliminated on disposal (82 )
At 31st March 2023 191
NET BOOK VALUE
At 31st March 2023 1,449

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 8,870 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 1,852 -
Other creditors 58,942 -
60,794 -