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REGISTERED NUMBER: 12617660 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

Pubx Ai Ltd

Pubx Ai Ltd (Registered number: 12617660)

Contents of the Financial Statements
for the Year Ended 31 May 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Pubx Ai Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTORS: A J Mole
Haatch Ventures Directors Limited





REGISTERED OFFICE: 43 Castle Nurseries
Chipping Campden
GL55 6JT





REGISTERED NUMBER: 12617660 (England and Wales)





ACCOUNTANTS: EWP Limited
20 Anchor Terrace
3-13 Southwark Bridge Road
London
SE1 9HQ

Pubx Ai Ltd (Registered number: 12617660)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,628 1,913

CURRENT ASSETS
Debtors 5 29,180 679
Cash at bank 206,944 66,180
236,124 66,859
CREDITORS
Amounts falling due within one year 6 58,633 1,536
NET CURRENT ASSETS 177,491 65,323
TOTAL ASSETS LESS CURRENT
LIABILITIES

180,119

67,236

CAPITAL AND RESERVES
Called up share capital 27 26
Share premium 648,918 448,919
Retained earnings (468,826 ) (381,709 )
180,119 67,236

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 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.

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 10 November 2023 and were signed on its behalf by:




A J Mole - Director


Pubx Ai Ltd (Registered number: 12617660)

Notes to the Financial Statements
for the Year Ended 31 May 2023


1. STATUTORY INFORMATION

Pubx Ai Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - Straight line over 3 years

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

Pubx Ai Ltd (Registered number: 12617660)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022 2,869
Additions 1,949
At 31 May 2023 4,818
DEPRECIATION
At 1 June 2022 956
Charge for year 1,234
At 31 May 2023 2,190
NET BOOK VALUE
At 31 May 2023 2,628
At 31 May 2022 1,913

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 25,112 -
Other debtors 4,068 679
29,180 679

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 14,973 713
Taxation and social security 112 823
Other creditors 43,548 -
58,633 1,536