1 December 2023 false No description of principal activity Taxfiler 2024.6 13774619business:PrivateLimitedCompanyLtd2023-12-012024-11-30 137746192023-11-30 137746192023-12-012024-11-30 13774619business:AuditExemptWithAccountantsReport2023-12-012024-11-30 13774619business:FilletedAccounts2023-12-012024-11-30 137746192024-11-30 13774619business:Director12023-12-012024-11-30 13774619business:RegisteredOffice2023-12-012024-11-30 137746192023-11-30 13774619core:WithinOneYear2024-11-30 13774619core:WithinOneYear2023-11-30 13774619core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 13774619core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 13774619core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 13774619core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 13774619core:PreviouslyStatedAmount2024-11-30 13774619core:PreviouslyStatedAmount2023-11-30 13774619business:SmallEntities2023-12-012024-11-30 13774619countries:EnglandWales2023-12-012024-11-30 13774619core:FurnitureFittings2023-12-012024-11-30 13774619core:ComputerEquipment2023-12-012024-11-30 13774619core:FurnitureFittings2023-11-30 13774619core:ComputerEquipment2023-11-30 13774619core:FurnitureFittings2024-11-30 13774619core:ComputerEquipment2024-11-30 137746192022-12-012023-11-30 iso4217:GBP xbrli:pure
Company Registration No. 13774619 (England and Wales)
Pixie Rai Ltd Unaudited accounts for the year ended 30 November 2024
Pixie Rai Ltd Unaudited accounts Contents
Page
- 2 -
Pixie Rai Ltd Company Information for the year ended 30 November 2024
Director
Sophia Kaur Rai
Company Number
13774619 (England and Wales)
Registered Office
173 Malden Road London NW5 4HT England
Accountants
Clearfin Accountants Limited Churchill House 137-139 Brent Street London NW4 4DJ
- 3 -
Pixie Rai Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,669 
4,892 
Current assets
Inventories
525 
415 
Debtors
4,295 
4,087 
Cash at bank and in hand
9,555 
5,804 
14,375 
10,306 
Creditors: amounts falling due within one year
(21,737)
(15,935)
Net current liabilities
(7,362)
(5,629)
Net liabilities
(3,693)
(737)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(3,694)
(738)
Shareholders' funds
(3,693)
(737)
For the year ending 30 November 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 her 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 26 August 2025 and were signed on its behalf by
Sophia Kaur Rai Director Company Registration No. 13774619
- 4 -
Pixie Rai Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Pixie Rai Ltd is a private company, limited by shares, registered in England and Wales, registration number 13774619. The registered office is 173 Malden Road, London, NW5 4HT, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
- 5 -
Pixie Rai Ltd Notes to the Accounts for the year ended 30 November 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2023
7,463 
388 
7,851 
At 30 November 2024
7,463 
388 
7,851 
Depreciation
At 1 December 2023
2,862 
97 
2,959 
Charge for the year
1,150 
73 
1,223 
At 30 November 2024
4,012 
170 
4,182 
Net book value
At 30 November 2024
3,451 
218 
3,669 
At 30 November 2023
4,601 
291 
4,892 
5
Inventories
2024 
2023 
£ 
£ 
Finished goods
525 
415 
525 
415 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
2,295 
- 
Other debtors
2,000 
4,087 
4,295 
4,087 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
693 
1,689 
Loans from directors
20,516 
13,718 
Accruals
528 
528 
21,737 
15,935 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -