Company Registration No. 08161767 (England and Wales)
Pixeware Ltd
Unaudited accounts
for the year ended 31 July 2024
Pixeware Ltd
Unaudited accounts
Contents
Pixeware Ltd
Company Information
for the year ended 31 July 2024
Company Number
08161767 (England and Wales)
Registered Office
37 Beech Lane
Romiley
Stockport
SK6 4AF
England
Accountants
Sage Accounting Ltd
19 Lomond Close
Tamworth
Staffordshire
United Kingdom
B79 8ET
Pixeware Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
22,420
11,037
Investments
167,627
177,089
Cash at bank and in hand
10,190
53,961
Creditors: amounts falling due within one year
26,528
(45,669)
Net current assets
57,508
8,412
Net assets
247,555
196,538
Called up share capital
100
100
Profit and loss account
247,455
196,438
Shareholders' funds
247,555
196,538
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 members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 March 2025 and were signed on its behalf by
Mr B Rutkowski
Director
Company Registration No. 08161767
Pixeware Ltd
Notes to the Accounts
for the year ended 31 July 2024
Pixeware Ltd is a private company, limited by shares, registered in England and Wales, registration number 08161767. The registered office is 37 Beech Lane, Romiley, Stockport, SK6 4AF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line basis
Motor vehicles
20% straight line basis
Fixtures & fittings
25% straight line basis
Computer equipment
3 years straight line basis
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2023
5,165
-
4,585
34,699
44,449
Additions
-
20,794
-
1,292
22,086
At 31 July 2024
5,165
20,794
4,585
35,991
66,535
At 1 August 2023
2,373
-
2,293
28,746
33,412
Charge for the year
1,018
4,159
1,146
4,380
10,703
At 31 July 2024
3,391
4,159
3,439
33,126
44,115
At 31 July 2024
1,774
16,635
1,146
2,865
22,420
At 31 July 2023
2,792
-
2,292
5,953
11,037
Pixeware Ltd
Notes to the Accounts
for the year ended 31 July 2024
5
Investments
Other investments
Valuation at 1 August 2023
177,089
Fair value adjustments
(9,462)
Valuation at 31 July 2024
167,627
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
6,373
40,817
Loans from directors
(34,002)
1,363
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).