Acorah Software Products - Accounts Production 15.0.600 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 05076569 Mr Alexander De Boissezon Mr Daniel Cremer Mr Richard De Boissezon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05076569 2022-12-31 05076569 2023-12-31 05076569 2023-01-01 2023-12-31 05076569 frs-core:CurrentFinancialInstruments 2023-12-31 05076569 frs-core:ComputerEquipment 2023-12-31 05076569 frs-core:ComputerEquipment 2023-01-01 2023-12-31 05076569 frs-core:ComputerEquipment 2022-12-31 05076569 frs-core:OtherResidualIntangibleAssets 2023-12-31 05076569 frs-core:OtherResidualIntangibleAssets 2022-12-31 05076569 frs-core:SharePremium 2023-12-31 05076569 frs-core:ShareCapital 2023-12-31 05076569 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 05076569 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05076569 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 05076569 frs-bus:SmallEntities 2023-01-01 2023-12-31 05076569 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05076569 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 05076569 frs-bus:Director1 2023-01-01 2023-12-31 05076569 frs-bus:Director2 2023-01-01 2023-12-31 05076569 frs-bus:Director3 2023-01-01 2023-12-31 05076569 frs-core:CurrentFinancialInstruments 1 2023-12-31 05076569 frs-core:CurrentFinancialInstruments 2 2023-12-31 05076569 frs-countries:EnglandWales 2023-01-01 2023-12-31 05076569 2021-12-31 05076569 2022-12-31 05076569 2022-01-01 2022-12-31 05076569 frs-core:CurrentFinancialInstruments 2022-12-31 05076569 frs-core:SharePremium 2022-12-31 05076569 frs-core:ShareCapital 2022-12-31 05076569 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 05076569 frs-core:CurrentFinancialInstruments 1 2022-12-31 05076569 frs-core:CurrentFinancialInstruments 2 2022-12-31
Registered number: 05076569
Pixfizz Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
EAM London Limited
Chartered Tax Accountants
215-221 Borough High Street
London
SE1 1JA
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05076569
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,835 -
3,835 -
CURRENT ASSETS
Debtors 5 26,346 57,293
Cash at bank and in hand 9,054 1,820
35,400 59,113
Creditors: Amounts Falling Due Within One Year 6 (183,257 ) (163,705 )
NET CURRENT ASSETS (LIABILITIES) (147,857 ) (104,592 )
TOTAL ASSETS LESS CURRENT LIABILITIES (144,022 ) (104,592 )
NET LIABILITIES (144,022 ) (104,592 )
CAPITAL AND RESERVES
Called up share capital 7 357 276
Share premium account 167,948 167,948
Profit and Loss Account (312,327 ) (272,816 )
SHAREHOLDERS' FUNDS (144,022) (104,592)
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For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Alexander De Boissezon
Director
13/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
1.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.4. Research and Development
Current policy is to write off all reserach and development expenditure in the period in which it is incurred.
1.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 25% straight line
1.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 2)
3 2
3. Intangible Assets
Other
£
Cost
As at 1 January 2023 55,099
As at 31 December 2023 55,099
Amortisation
As at 1 January 2023 55,099
As at 31 December 2023 55,099
Net Book Value
As at 31 December 2023 -
As at 1 January 2023 -
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2023 4,761
Additions 4,396
As at 31 December 2023 9,157
Depreciation
As at 1 January 2023 4,761
Provided during the period 561
As at 31 December 2023 5,322
Net Book Value
As at 31 December 2023 3,835
As at 1 January 2023 -
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 4,379 3,667
Prepayments and accrued income 12,195 53,626
Other debtors (Debtors < 1 year) 42 -
VAT Control 9,730 -
26,346 57,293
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 52,697 51,861
VAT Control - 218
Other creditors (Current liabilities - creditors < 1 year) 34,555 89,528
Accruals 9,946 6,564
Directors' loan accounts 86,059 15,534
183,257 163,705
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 357 276
8. General Information
Pixfizz Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05076569 . The registered office is C/O Eam London Ltd, 215-221 Borough High Street, London, SE1 1JA.
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