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Company Registration No. 12378975 (England and Wales)
FIX NETWORKS LTD Unaudited accounts for the year ended 30 November 2023
FIX NETWORKS LTD Unaudited accounts Contents
Page
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FIX NETWORKS LTD Company Information for the year ended 30 November 2023
Director
Mr. Javed Iqbal Bajwha
Company Number
12378975 (England and Wales)
Registered Office
42 Epworth Road Isleworth England TW7 5BN
Accountants
G&S ACCOUNTANTS LIMITED First Floor, Victoria House Victoria Street High Wycombe, Bucks England, United Kingdom HP11 2LU
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FIX NETWORKS LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
384 
480 
Current assets
Debtors
3,642 
4,600 
Cash at bank and in hand
53 
109 
3,695 
4,709 
Creditors: amounts falling due within one year
(1,592)
(4,478)
Net current assets
2,103 
231 
Net assets
2,487 
711 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,486 
710 
Shareholders' funds
2,487 
711 
For the year ending 30 November 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 November 2024 and were signed on its behalf by
Mr. Javed Iqbal Bajwha Director Company Registration No. 12378975
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FIX NETWORKS LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
FIX NETWORKS LTD is a private company, limited by shares, registered in England and Wales, registration number 12378975. The registered office is 42 Epworth Road, Isleworth, England, TW7 5BN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 30 November 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20%
Computer equipment
20%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 December 2022
1,000 
At 30 November 2023
1,000 
Depreciation
At 1 December 2022
520 
Charge for the year
96 
At 30 November 2023
616 
Net book value
At 30 November 2023
384 
At 30 November 2022
480 
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FIX NETWORKS LTD Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
3,642 
4,600 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
1,377 
521 
Other creditors
215 
3,707 
Loans from directors
- 
250 
1,592 
4,478 
7
Average number of employees
During the year the average number of employees was 2 (2022: 0).
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