Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 06322102 Mr Matthew Clark Mr Andrew Photis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06322102 2023-07-31 06322102 2024-07-31 06322102 2023-08-01 2024-07-31 06322102 frs-core:CurrentFinancialInstruments 2024-07-31 06322102 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-31 06322102 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 06322102 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-31 06322102 frs-core:PlantMachinery 2024-07-31 06322102 frs-core:PlantMachinery 2023-08-01 2024-07-31 06322102 frs-core:PlantMachinery 2023-07-31 06322102 frs-core:ShareCapital 2024-07-31 06322102 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 06322102 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 06322102 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 06322102 frs-bus:SmallEntities 2023-08-01 2024-07-31 06322102 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 06322102 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 06322102 frs-bus:Director1 2023-08-01 2024-07-31 06322102 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 06322102 frs-countries:EnglandWales 2023-08-01 2024-07-31 06322102 2022-07-31 06322102 2023-07-31 06322102 2022-08-01 2023-07-31 06322102 frs-core:CurrentFinancialInstruments 2023-07-31 06322102 frs-core:ShareCapital 2023-07-31 06322102 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 06322102
The Pixel Hive Limited
Financial Statements
For The Year Ended 31 July 2024
Hill Wooldridge Accountants Ltd
Chartered Certified Accountants
55 Crown Street
Brentwood
Essex
CM14 4BD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06322102
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 770 11
770 11
CURRENT ASSETS
Debtors 5 7,740 2,279
Cash at bank and in hand 16,153 12,629
23,893 14,908
Creditors: Amounts Falling Due Within One Year 6 (12,654 ) (8,483 )
NET CURRENT ASSETS (LIABILITIES) 11,239 6,425
TOTAL ASSETS LESS CURRENT LIABILITIES 12,009 6,436
NET ASSETS 12,009 6,436
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 12,008 6,435
SHAREHOLDERS' FUNDS 12,009 6,436
Page 1
Page 2
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
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 Matthew Clark
Director
14th October 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Pixel Hive Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06322102 . The registered office is 55 Crown Street, Brentwood, Essex, CM14 4BD.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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:
Leasehold 10% straight line
Plant & Machinery 33% straight line
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 1 August 2023 9,731 16,085 25,816
Additions - 1,139 1,139
As at 31 July 2024 9,731 17,224 26,955
Depreciation
As at 1 August 2023 9,727 16,078 25,805
Provided during the period - 380 380
As at 31 July 2024 9,727 16,458 26,185
Net Book Value
As at 31 July 2024 4 766 770
As at 1 August 2023 4 7 11
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 7,740 2,279
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 8,901 6,992
VAT 2,182 92
Accruals and deferred income 1,234 1,258
Director's loan account 337 141
12,654 8,483
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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