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REGISTERED NUMBER: 08917185 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

CoPix Limited

CoPix Limited (Registered number: 08917185)

Contents of the Financial Statements
for the Year Ended 29 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CoPix Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Mr C P Trill
Mrs H L Trill





REGISTERED OFFICE: Lewis House
Great Chesterford Court
Great Chesterford
Essex
CB10 1PF





BUSINESS ADDRESS: 85A Ely Road
Littleport
ELY
CB6 1HJ





REGISTERED NUMBER: 08917185 (England and Wales)

CoPix Limited (Registered number: 08917185)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 3,959 5,276

CURRENT ASSETS
Debtors 6 21,259 45,812
Cash at bank 4,350 -
25,609 45,812
CREDITORS
Amounts falling due within one year 7 19,142 39,127
NET CURRENT ASSETS 6,467 6,685
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,426

11,961

CREDITORS
Amounts falling due after more than one
year

8

(9,642

)

(10,800

)

PROVISIONS FOR LIABILITIES (752 ) (1,128 )
NET ASSETS 32 33

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 30 31
SHAREHOLDERS' FUNDS 32 33

CoPix Limited (Registered number: 08917185)

Balance Sheet - continued
29 February 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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 30 October 2024 and were signed on its behalf by:





Mr C P Trill - Director


CoPix Limited (Registered number: 08917185)

Notes to the Financial Statements
for the Year Ended 29 February 2024


1. STATUTORY INFORMATION

CoPix 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.

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


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 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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

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.


CoPix Limited (Registered number: 08917185)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


3. ACCOUNTING POLICIES - continued
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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023
and 29 February 2024 17,063
DEPRECIATION
At 1 March 2023 11,787
Charge for year 1,317
At 29 February 2024 13,104
NET BOOK VALUE
At 29 February 2024 3,959
At 28 February 2023 5,276

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 17,395
Other debtors 21,259 28,417
21,259 45,812

Included within other debtors disclosed above is a balance of £13,717 (2023 - £20,729) in relation to the directors' loan account, £7,532 (2023 - £7,544) in relation to s455 tax, £NIL (2023 - £144) in relation to prepayment and £10 (2023 - £12) in relation to PAYE recovarable.

CoPix Limited (Registered number: 08917185)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,112 3,482
Taxation and social security 16,882 35,497
Other creditors 148 148
19,142 39,127

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 9,642 10,800

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 881 2,642