Company registration number 09288703 (England and Wales)
PXO CULTURE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
PAGES FOR FILING WITH REGISTRAR
PXO CULTURE LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PXO CULTURE LIMITED FOR THE YEAR ENDED 31 OCTOBER 2024
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of PXO Culture Limited for the year ended 31 October 2024 set out on pages 2 to 3 from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of PXO Culture Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of PXO Culture Limited and state those matters that we have agreed to state to the board of directors of PXO Culture Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PXO Culture Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that PXO Culture Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that PXO Culture Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of PXO Culture Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Carpenter Box
24 July 2025
Chartered Accountants
Piper House
4 Dukes Court
Bognor Road
Chichester
West Sussex
PO19 8FX
PXO CULTURE LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2024
31 October 2024
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2024
2023
£
£
£
£
Fixed assets
44,960
55,787
Current assets
22,925
44,471
Prepayments and accrued income
2,674
650
Creditors: amounts falling due within one year
(51,354)
(67,423)
Net current liabilities
(25,755)
(22,302)
Total assets less current liabilities
19,205
33,485
Net assets
19,205
33,485
Capital and reserves
19,205
33,485
Notes to the financial statements
1
Employees
The average number of persons (including directors) employed by the company during the year was 2 (2023 - 2).
2
Reporting standard transition
These financials are the first financial statements of the company prepared in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-Entities Regime'. The date of transition to FRS 105 was 1 November 2023.
PXO Culture Limited is a private company limited by shares incorporated in England and Wales. The registered office is Piper House, 4 Dukes Court, Bognor Road, West Sussex, Chichester, PO19 8FX.
For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
PXO CULTURE LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2024
31 October 2024
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The financial statements were approved by the board of directors and authorised for issue on 24 July 2025 and are signed on its behalf by:
Ms N Dank
Director
Company registration number 09288703 (England and Wales)