INNOVIXX DIGITAL LIMITED 14708403 false 2023-03-06 2024-03-31 2024-03-31 The principal activity of the company is business and domestic software development Digita Accounts Production Advanced 6.30.9574.0 true true 14708403 2023-03-06 2024-03-31 14708403 2024-03-31 14708403 bus:OrdinaryShareClass1 2024-03-31 14708403 core:CurrentFinancialInstruments 2024-03-31 14708403 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 14708403 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2024-03-31 14708403 bus:SmallEntities 2023-03-06 2024-03-31 14708403 bus:AuditExemptWithAccountantsReport 2023-03-06 2024-03-31 14708403 bus:FilletedAccounts 2023-03-06 2024-03-31 14708403 bus:SmallCompaniesRegimeForAccounts 2023-03-06 2024-03-31 14708403 bus:RegisteredOffice 2023-03-06 2024-03-31 14708403 bus:Director1 2023-03-06 2024-03-31 14708403 bus:OrdinaryShareClass1 2023-03-06 2024-03-31 14708403 bus:PrivateLimitedCompanyLtd 2023-03-06 2024-03-31 14708403 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2023-03-06 2024-03-31 14708403 countries:England 2023-03-06 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14708403

INNOVIXX DIGITAL LIMITED

Unaudited Filleted Financial Statements

for the Period from 6 March 2023 to 31 March 2024

 

INNOVIXX DIGITAL LIMITED

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

INNOVIXX DIGITAL LIMITED

Company Information

Director

M J Taylor

Registered office

4 Maple Way
Aycliffe Business Park
Newton Aycliffe
DL5 6BF

Accountants

 

INNOVIXX DIGITAL LIMITED

(Registration number: 14708403)
Balance Sheet as at 31 March 2024

Note

2024
£

Current assets

 

Debtors

4

447

Cash at bank and in hand

 

869

 

1,316

Creditors: Amounts falling due within one year

5

(15,544)

Net liabilities

 

(14,228)

Capital and reserves

 

Called up share capital

6

95

Retained earnings

(14,323)

Shareholders' deficit

 

(14,228)

For the financial period ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 19 March 2025
 

.........................................
M J Taylor
Director

 

INNOVIXX DIGITAL LIMITED

Notes to the Unaudited Financial Statements for the Period from 6 March 2023 to 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
4 Maple Way
Aycliffe Business Park
Newton Aycliffe
DL5 6BF
England

These financial statements were authorised for issue by the director on 19 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

INNOVIXX DIGITAL LIMITED

Notes to the Unaudited Financial Statements for the Period from 6 March 2023 to 31 March 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4

Debtors

Current

2024
£

Other debtors

447

 

447

 

INNOVIXX DIGITAL LIMITED

Notes to the Unaudited Financial Statements for the Period from 6 March 2023 to 31 March 2024

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

Due within one year

 

Amounts owed to group undertakings and undertakings in which the company has a participating interest

7

15,500

Other creditors

 

44

 

15,544

6

Share capital

Allotted, called up and fully paid shares

2024

No.

£

Ordinary shares of £1 each

95

95

   

7

Related party transactions

Loans from related parties

2024

Entities with joint control or significant influence
£

Total
£

Advanced

15,500

15,500

At end of period

15,500

15,500