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REGISTERED NUMBER: 07449112 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Pixus Online Ltd

Pixus Online Ltd (Registered number: 07449112)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Pixus Online Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: D M Cook
D Corlett
J Hatton





REGISTERED OFFICE: 4 Sinclair Way
Prescot
Merseyside
L34 1QL





REGISTERED NUMBER: 07449112 (England and Wales)





ACCOUNTANTS: Jennions Macken Ltd
Suite 1, Foundry House
Waterside Lane
Widnes
Cheshire
WA8 8GT

Pixus Online Ltd (Registered number: 07449112)

Abridged Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,890 7,897

CURRENT ASSETS
Debtors 41,007 50,007
Cash at bank 135,800 202,481
176,807 252,488
CREDITORS
Amounts falling due within one year 124,254 143,602
NET CURRENT ASSETS 52,553 108,886
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,443

116,783

CREDITORS
Amounts falling due after more than
one year

(1,877

)

(11,986

)

PROVISIONS FOR LIABILITIES (381 ) (1,500 )
NET ASSETS 56,185 103,297

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 56,182 103,294
SHAREHOLDERS' FUNDS 56,185 103,297

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Pixus Online Ltd (Registered number: 07449112)

Abridged Balance Sheet - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 6 March 2025 and were signed on its behalf by:




D M Cook - Director



D Corlett - Director


Pixus Online Ltd (Registered number: 07449112)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Pixus Online 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs have been fully amortised in the current year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.


Pixus Online Ltd (Registered number: 07449112)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 18 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 56,995
Additions 2,787
At 31 December 2024 59,782
DEPRECIATION
At 1 January 2024 49,098
Charge for year 4,794
At 31 December 2024 53,892
NET BOOK VALUE
At 31 December 2024 5,890
At 31 December 2023 7,897

Pixus Online Ltd (Registered number: 07449112)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
D M Cook
Balance outstanding at start of year 4,514 4,514
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,514 4,514

D Corlett
Balance outstanding at start of year 5,800 5,800
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,800 5,800

J Hatton
Balance outstanding at start of year 30,693 30,693
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 30,693 30,693

6. ULTIMATE CONTROLLING PARTY

The controlling party is Pixus Invest Limited.