Acorah Software Products - Accounts Production 16.0.110 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 10179935 Mr Neal Whitehead Mr Charlton Edwards Mr Ian Livingstone true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10179935 2023-05-31 10179935 2024-05-31 10179935 2023-06-01 2024-05-31 10179935 frs-core:CurrentFinancialInstruments 2024-05-31 10179935 frs-core:ComputerEquipment 2024-05-31 10179935 frs-core:ComputerEquipment 2023-06-01 2024-05-31 10179935 frs-core:ComputerEquipment 2023-05-31 10179935 frs-core:FurnitureFittings 2024-05-31 10179935 frs-core:FurnitureFittings 2023-06-01 2024-05-31 10179935 frs-core:FurnitureFittings 2023-05-31 10179935 frs-core:SharePremium 2024-05-31 10179935 frs-core:ShareCapital 2024-05-31 10179935 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10179935 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10179935 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10179935 frs-bus:SmallEntities 2023-06-01 2024-05-31 10179935 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10179935 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10179935 1 2023-06-01 2024-05-31 10179935 frs-bus:Director1 2023-06-01 2024-05-31 10179935 frs-bus:Director2 2023-06-01 2024-05-31 10179935 frs-bus:Director2 2023-05-31 10179935 frs-bus:Director2 2024-05-31 10179935 frs-bus:Director3 2023-06-01 2024-05-31 10179935 frs-countries:EnglandWales 2023-06-01 2024-05-31 10179935 2022-05-31 10179935 2023-05-31 10179935 2022-06-01 2023-05-31 10179935 frs-core:CurrentFinancialInstruments 2023-05-31 10179935 frs-core:SharePremium 2023-05-31 10179935 frs-core:ShareCapital 2023-05-31 10179935 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 10179935
Pixelcount Studios Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
ChadSan Limited
Castle House
Castle Street
Guildford
GU1 3UW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10179935
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,986 2,655
3,986 2,655
CURRENT ASSETS
Debtors 5 75,542 67,530
Cash at bank and in hand 99,813 163,138
175,355 230,668
Creditors: Amounts Falling Due Within One Year 6 (17,320 ) (20,703 )
NET CURRENT ASSETS (LIABILITIES) 158,035 209,965
TOTAL ASSETS LESS CURRENT LIABILITIES 162,021 212,620
NET ASSETS 162,021 212,620
CAPITAL AND RESERVES
Called up share capital 7 67 67
Share premium account 149,983 149,983
Profit and Loss Account 11,971 62,570
SHAREHOLDERS' FUNDS 162,021 212,620
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For the year ending 31 May 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 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 Neal Whitehead
Director
28th January 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Pixelcount Studios Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10179935 . The registered office is Castle House, Castle Street, Guildford, GU1 3UW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:
Fixtures & Fittings 33.33% on cost
Computer Equipment 33.33% on cost
2.4. 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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 June 2023 299 4,783 5,082
Additions - 3,166 3,166
As at 31 May 2024 299 7,949 8,248
Depreciation
As at 1 June 2023 299 2,128 2,427
Provided during the period - 1,835 1,835
As at 31 May 2024 299 3,963 4,262
Net Book Value
As at 31 May 2024 - 3,986 3,986
As at 1 June 2023 - 2,655 2,655
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 329 327
Other debtors 75,213 67,203
75,542 67,530
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 308 2,759
Other creditors 14,905 14,677
Taxation and social security 2,107 3,267
17,320 20,703
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 67 67
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8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 June 2023 Amounts advanced Amounts repaid Amounts written off As at 31 May 2024
£ £ £ £ £
Mr Charlton Edwards 766 2,900 2,462 - 1,204
The above loan is unsecured, interest free and repayable on demand.
9. Ultimate Controlling Party
The company has no controlling party. Each shareholder owns less than 50% of the share capital.
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