2023-01-01 13078714 2023-12-31 13078714 2023-01-01 2023-12-31 13078714 2022-12-31 13078714 2022-01-01 2022-12-31 13078714 uk-core:WithinOneYear 2022-12-31 13078714 uk-core:WithinOneYear 2023-12-31 13078714 uk-core:ShareCapital 2023-12-31 13078714 uk-core:ShareCapital 2022-12-31 13078714 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 13078714 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 13078714 uk-bus:Director1 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure 13078714 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 13078714 uk-bus:FRS102 2023-01-01 2023-12-31 13078714 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 13078714 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Psych FX Ltd
Registered Number:13078714
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
Psych FX Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
13078714
As at 31 December 2023
Psych FX Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
1,579
1,974
2
1,579
1,974
Current assets
Trade and other receivables
44,306
7,231
3
7,812
Cash and cash equivalents
2,338
9,569
52,118
Trade and other payables: amounts falling due within one
year
(7,209)
(4,227)
4
44,909
5,342
Net current assets
Total assets less current liabilities
6,921
46,883
6,921
Net assets
46,883
Capital and reserves
Called up share capital
1
1
Retained earnings
6,920
46,882
6,921
46,883
Shareholders' funds
For the year ended 31 December 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Samuel George Lowe Bell Director
These financial statements were approved and authorised for issue by the Board on 13 September 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2023
Psych FX Ltd
Notes to the Financial Statements
Statutory Information
Psych FX Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
13078714.
Registered address:
Summit House
Horsecroft Road
Harlow
Essex
CM19 5BN
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
2. Property, plant and equipment
Computer
Equipment
£
Cost or
valuation
At 01 January 2023
2,742
At 31 December 2023
2,742
Provision for depreciation and impairment
At 01 January 2023
768
Charge for year
395
At 31 December 2023
1,163
At 31 December 2023
Net book value
1,579
At 31 December 2022
1,974
3. Trade and other receivables
2022
2023
£
£
Amounts owed by group undertakings and participating interests
-
44,306
Other debtors
7,231
-
44,306
7,231
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5
For the year ended 31 December 2023
Psych FX Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
1
-
Taxation and social security
3,181
7,209
Other creditors
1,045
-
4,227
7,209
5. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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