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Company Registration No. 13299510 (England and Wales)
IXI Labs Ltd Unaudited accounts for the year ended 31 March 2024
IXI Labs Ltd Unaudited accounts Contents
Page
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IXI Labs Ltd Company Information for the year ended 31 March 2024
Director
Luis Enrique Novella
Company Number
13299510 (England and Wales)
Registered Office
SUITE 99 MILTON KEYNES BUSINESS CENTRE FOXHUNTER DRIVE MILTON KEYNES Buckinghamshire MK14 6GD UNITED KINGDOM
Accountants
Arth Limited 655 Milton Keynes Business Centre Foxhunter Drive Milton Keynes Buckinghamshire MK14 6GD
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IXI Labs Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
325 
1,024 
Cash at bank and in hand
56 
460 
381 
1,484 
Creditors: amounts falling due within one year
(6,790)
(6,067)
Net current liabilities
(6,409)
(4,583)
Net liabilities
(6,409)
(4,583)
Capital and reserves
Called up share capital
101 
96 
Profit and loss account
(6,510)
(4,679)
Shareholders' funds
(6,409)
(4,583)
For the year ending 31 March 2024 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 27 November 2023 and were signed on its behalf by
Luis Enrique Novella Director Company Registration No. 13299510
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IXI Labs Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
IXI Labs Ltd is a private company, limited by shares, registered in England and Wales, registration number 13299510. The registered office is SUITE 99 MILTON KEYNES BUSINESS CENTRE, FOXHUNTER DRIVE, MILTON KEYNES, Buckinghamshire, MK14 6GD, UNITED KINGDOM.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
308 
928 
Other debtors
17 
96 
325 
1,024 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,168 
2,172 
Other creditors
1,727 
- 
Loans from directors
3,895 
3,895 
6,790 
6,067 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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