IRIS Accounts Production v24.3.0.553 10607308 director 1.3.23 29.2.24 29.2.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh106073082023-02-28106073082024-02-29106073082023-03-012024-02-29106073082022-02-28106073082022-03-012023-02-28106073082023-02-2810607308ns15:EnglandWales2023-03-012024-02-2910607308ns14:PoundSterling2023-03-012024-02-2910607308ns10:Director12023-03-012024-02-2910607308ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2910607308ns10:SmallEntities2023-03-012024-02-2910607308ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2910607308ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2910607308ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2910607308ns10:FullAccounts2023-03-012024-02-2910607308ns10:RegisteredOffice2023-03-012024-02-2910607308ns5:CurrentFinancialInstruments2024-02-2910607308ns5:CurrentFinancialInstruments2023-02-2810607308ns5:Non-currentFinancialInstruments2024-02-2910607308ns5:Non-currentFinancialInstruments2023-02-2810607308ns5:ShareCapital2024-02-2910607308ns5:ShareCapital2023-02-2810607308ns5:RetainedEarningsAccumulatedLosses2024-02-2910607308ns5:RetainedEarningsAccumulatedLosses2023-02-2810607308ns5:PlantMachinery2023-02-2810607308ns5:PlantMachinery2023-03-012024-02-2910607308ns5:PlantMachinery2024-02-2910607308ns5:PlantMachinery2023-02-2810607308ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2910607308ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-28
REGISTERED NUMBER: 10607308 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

VISUAL PIXEL LTD

VISUAL PIXEL LTD (REGISTERED NUMBER: 10607308)

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


VISUAL PIXEL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 February 2024







DIRECTOR: J Flowerdew





REGISTERED OFFICE: Newtown House, 38 Newtown Road
Liphook
Hampshire
GU30 7DX





REGISTERED NUMBER: 10607308 (England and Wales)





ACCOUNTANTS: Traviss & Co Ltd
Chartered Certified Accountants
Newtown House
38 Newtown Road
Liphook
Hampshire
GU30 7DX

VISUAL PIXEL LTD (REGISTERED NUMBER: 10607308)

BALANCE SHEET
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 420 560

CURRENT ASSETS
Debtors 5 5,337 5,241
Cash at bank 794 1,558
6,131 6,799
CREDITORS
Amounts falling due within one year 6 4,812 5,308
NET CURRENT ASSETS 1,319 1,491
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,739

2,051

CREDITORS
Amounts falling due after more than one year 7 3,099 3,487
NET LIABILITIES (1,360 ) (1,436 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (1,361 ) (1,437 )
(1,360 ) (1,436 )

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 director acknowledges his 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.

VISUAL PIXEL LTD (REGISTERED NUMBER: 10607308)

BALANCE SHEET - continued
29 February 2024



The financial statements were approved by the director and authorised for issue on 26 November 2024 and were signed by:





J Flowerdew - Director


VISUAL PIXEL LTD (REGISTERED NUMBER: 10607308)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 February 2024


1. STATUTORY INFORMATION

Visual Pixel Ltd 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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 each asset over its estimated useful life.

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 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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 March 2023
and 29 February 2024 1,594
DEPRECIATION
At 1 March 2023 1,034
Charge for year 140
At 29 February 2024 1,174
NET BOOK VALUE
At 29 February 2024 420
At 28 February 2023 560

VISUAL PIXEL LTD (REGISTERED NUMBER: 10607308)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 February 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 4,307 4,207
Other debtors 1,030 1,034
5,337 5,241

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 387 1,291
Trade creditors 731 715
Taxation and social security 2,794 2,486
Other creditors 900 816
4,812 5,308

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 3,099 3,487