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REGISTERED NUMBER: 06700960 (England and Wales)















Financial Statements for the Year Ended 30 September 2024

for

Intelligent Pixel Technology Limited

Intelligent Pixel Technology Limited (Registered number: 06700960)






Contents of the Financial Statements
for the year ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Intelligent Pixel Technology Limited

Company Information
for the year ended 30 September 2024







DIRECTORS: S L Constable
S A Constable





SECRETARY: Y I Postles





REGISTERED OFFICE: Units C4 - C12 Bolsolver Business Park
Woodhouse Lane
Bolsover
Derbyshire
S44 6BD





REGISTERED NUMBER: 06700960 (England and Wales)





ACCOUNTANTS: LJP Accounting Ltd
Barn Studios
Gaterounds
Parkgate Road
Newdigate
Surrey
RH5 5AJ

Intelligent Pixel Technology Limited (Registered number: 06700960)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,703 26,641

CURRENT ASSETS
Stocks 35,456 29,221
Debtors 5 3,535 12,056
Cash at bank 180,993 171,440
219,984 212,717
CREDITORS
Amounts falling due within one year 6 23,268 16,248
NET CURRENT ASSETS 196,716 196,469
TOTAL ASSETS LESS CURRENT
LIABILITIES

217,419

223,110

PROVISIONS FOR LIABILITIES 2,720 2,646
NET ASSETS 214,699 220,464

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 214,599 220,364
SHAREHOLDERS' FUNDS 214,699 220,464

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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.

The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2025 and were signed on its behalf by:





S L Constable - Director


Intelligent Pixel Technology Limited (Registered number: 06700960)

Notes to the Financial Statements
for the year ended 30 September 2024

1. STATUTORY INFORMATION

Intelligent Pixel Technology Limited 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.
Plant and machinery etc - 25% on cost and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 2 (2023 - 2 ) .

Intelligent Pixel Technology Limited (Registered number: 06700960)

Notes to the Financial Statements - continued
for the year ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 40,014
Additions 1,124
Disposals (10,199 )
At 30 September 2024 30,939
DEPRECIATION
At 1 October 2023 13,373
Charge for year 7,062
Eliminated on disposal (10,199 )
At 30 September 2024 10,236
NET BOOK VALUE
At 30 September 2024 20,703
At 30 September 2023 26,641

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,475 6,388
Other debtors 2,060 5,668
3,535 12,056

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 338 552
Taxation and social security 1,494 -
Other creditors 21,436 15,696
23,268 16,248

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S L Constable.