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REGISTERED NUMBER: 06679973 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BITS AND PIXELS LIMITED

BITS AND PIXELS LIMITED (REGISTERED NUMBER: 06679973)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BITS AND PIXELS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







Director: Mr D R Stobbs





Registered office: Windmill Garage
The Parker Centre
Mansfield Road
Derbyshire
DE21 4SZ





Registered number: 06679973 (England and Wales)





Accountants: TC Group
10 Stadium Business Court
Millennium Way
Pride Park
Derby
Derbyshire
DE24 8HP

BITS AND PIXELS LIMITED (REGISTERED NUMBER: 06679973)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £ £
Fixed assets
Tangible assets 4 20,138 34,072

Current assets
Debtors 5 49,556 68,753
Cash at bank 100,132 73,809
149,688 142,562
Creditors
Amounts falling due within one year 6 (9,656 ) (9,312 )
Net current assets 140,032 133,250
Total assets less current liabilities 160,170 167,322

Capital and reserves
Called up share capital 7 8 8
Retained earnings 160,162 167,314
Shareholders' funds 160,170 167,322

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 July 2025 and were signed by:





Mr D R Stobbs - Director


BITS AND PIXELS LIMITED (REGISTERED NUMBER: 06679973)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Bits and Pixels Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on cost
Equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

BITS AND PIXELS LIMITED (REGISTERED NUMBER: 06679973)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. TANGIBLE FIXED ASSETS
Motor
vehicles Equipment Totals
£ £ £
Cost
At 1 April 2024 7,890 79,773 87,663
Additions - 9,384 9,384
Disposals - (43,609 ) (43,609 )
At 31 March 2025 7,890 45,548 53,438
Depreciation
At 1 April 2024 5,918 47,673 53,591
Charge for year 1,972 12,630 14,602
Eliminated on disposal - (34,893 ) (34,893 )
At 31 March 2025 7,890 25,410 33,300
Net book value
At 31 March 2025 - 20,138 20,138
At 31 March 2024 1,972 32,100 34,072

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade debtors 48,692 65,753
Other debtors 368 -
Directors' loan accounts 496 3,000
49,556 68,753

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
VAT 1,918 1,732
Other creditors 6,288 6,130
Accruals 1,450 1,450
9,656 9,312

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £ £
8 Ordinary 1 8 8

BITS AND PIXELS LIMITED (REGISTERED NUMBER: 06679973)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

8. RELATED PARTY DISCLOSURES

The company was under the control of Mr Stobbs throughout the current and previous year. Mr Stobbs is the managing director and majority shareholder. During the year the company had the following transactions with related parties:

A company in which a director has common control

20252024
££
Amount due to related party at the balance sheet date6,0006,000