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REGISTERED NUMBER: 09693284 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2024

FOR

EGFV RIX LIMITED

EGFV RIX LIMITED (REGISTERED NUMBER: 09693284)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EGFV RIX LIMITED

COMPANY INFORMATION
for the Year Ended 31st July 2024







DIRECTORS: Mr J L Rix
Mr R Rix





REGISTERED OFFICE: 100 Barbirolli Square
Manchester
M2 3BD





REGISTERED NUMBER: 09693284 (England and Wales)





ACCOUNTANTS: Xeinadin
100 Barbirolli Square
Manchester
M2 3BD

EGFV RIX LIMITED (REGISTERED NUMBER: 09693284)

BALANCE SHEET
31st July 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 5 222,351 131,317
Cash at bank 59,282 142,096
281,633 273,413
CREDITORS
Amounts falling due within one year 6 (230,927 ) (236,359 )
NET CURRENT ASSETS 50,706 37,054
TOTAL ASSETS LESS CURRENT
LIABILITIES

50,706

37,054

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 50,606 36,954
SHAREHOLDERS' FUNDS 50,706 37,054

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28th April 2025 and were signed on its behalf by:





Mr J L Rix - Director


EGFV RIX LIMITED (REGISTERED NUMBER: 09693284)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st July 2024


1. STATUTORY INFORMATION

EGFV Rix Limited is a private company limited by share capital, incorporated in England and Wales, registration number 09693284. The address of the registered office is 100 Barbirolli Square, Manchester, M2 3BD and the principal place of business is Universal Square, Devonshire Street North, Manchester, M12 6JH.

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 represents amounts recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax and trade discounts. Turnover consists of Pay-Per-Click charges, for pushing traffic to third party websites.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, 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.

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Cash and cash equivalents
Cash and cash equivalents comprise of cash at bank and in hand. Bank borrowings are included within creditors.

3. EMPLOYEES AND DIRECTORS

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

EGFV RIX LIMITED (REGISTERED NUMBER: 09693284)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st July 2024


4. INTANGIBLE FIXED ASSETS
Trade Development
mark costs Totals
£    £    £   
COST
At 1st August 2023
and 31st July 2024 50,000 150,000 200,000
AMORTISATION
At 1st August 2023
and 31st July 2024 50,000 150,000 200,000
NET BOOK VALUE
At 31st July 2024 - - -
At 31st July 2023 - - -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 104,012 78,217
Other debtors 118,339 53,100
222,351 131,317

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 207,942 173,092
Taxation and social security 19,806 25,999
Other creditors 3,179 37,268
230,927 236,359

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1.00 100 100

8. RELATED PARTY DISCLOSURES

During the year the company charged £409,023 (2023: £393,030) to an entity owned by the ultimate controlling parties, Mr R J Rix and Mr J L Rix. The balance due at the year end was £8,938 (2023: £34,733).

During the year the company has provided interest free finance to a company under common control. At the reporting date £50,000 (2023: £50,000) was owed to the company.