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REGISTERED NUMBER: 06980425 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 August 2023

for

Squashed Pixel Limited

Squashed Pixel Limited (Registered number: 06980425)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Squashed Pixel Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: T N Gatenby
Mrs C M Gatenby





REGISTERED OFFICE: Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS





REGISTERED NUMBER: 06980425 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS

Squashed Pixel Limited (Registered number: 06980425)

Statement of Financial Position
31 August 2023

31.8.23 31.8.22
Notes £    £   
FIXED ASSETS
Tangible assets 5 7,196 8,041

CURRENT ASSETS
Debtors 6 96,061 59,087
Cash at bank 29,012 58,822
125,073 117,909
CREDITORS
Amounts falling due within one year 7 (87,412 ) (61,381 )
NET CURRENT ASSETS 37,661 56,528
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,857

64,569

PROVISIONS FOR LIABILITIES 8 (1,367 ) (1,561 )
NET ASSETS 43,490 63,008

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 43,190 62,708
SHAREHOLDERS' FUNDS 43,490 63,008

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Statement of Income and Retained Earnings has not been delivered.

Squashed Pixel Limited (Registered number: 06980425)

Statement of Financial Position - continued
31 August 2023



The financial statements were approved by the Board of Directors and authorised for issue on 22 January 2024 and were signed on its behalf by:





T N Gatenby - Director


Squashed Pixel Limited (Registered number: 06980425)

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

1. STATUTORY INFORMATION

Squashed Pixel Limited 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Squashed Pixel Limited (Registered number: 06980425)

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

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2022 - 17 ) .

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 September 2022 1,000 6,327 21,455 28,782
Additions - 569 3,807 4,376
At 31 August 2023 1,000 6,896 25,262 33,158
DEPRECIATION
At 1 September 2022 790 3,090 16,861 20,741
Charge for year 42 571 4,608 5,221
At 31 August 2023 832 3,661 21,469 25,962
NET BOOK VALUE
At 31 August 2023 168 3,235 3,793 7,196
At 31 August 2022 210 3,237 4,594 8,041

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 96,061 59,087

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors 5,952 428
Tax 19,826 13,629
Social security and other taxes 58,756 44,863
Other creditors 660 444
Directors' current accounts 18 17
Accrued expenses 2,200 2,000
87,412 61,381

8. PROVISIONS FOR LIABILITIES
31.8.23 31.8.22
£    £   
Deferred tax 1,367 1,561

Squashed Pixel Limited (Registered number: 06980425)

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

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 September 2022 1,561
Provided during year (194 )
Balance at 31 August 2023 1,367

9. ULTIMATE CONTROLLING PARTY

The directors control the company.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Squashed Pixel Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Squashed Pixel Limited for the year ended 31 August 2023 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Squashed Pixel Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Squashed Pixel Limited and state those matters that we have agreed to state to the Board of Directors of Squashed Pixel Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Squashed Pixel Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Squashed Pixel Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Squashed Pixel Limited. You consider that Squashed Pixel Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Squashed Pixel Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS


22 January 2024