Acorah Software Products - Accounts Production 16.5.460 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 05076569 Mr Alexander De Boissezon Mr Richard De Boissezon Mr Matjaž Gregoric iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05076569 2023-12-31 05076569 2024-12-31 05076569 2024-01-01 2024-12-31 05076569 frs-core:CurrentFinancialInstruments 2024-12-31 05076569 frs-core:ComputerEquipment 2024-12-31 05076569 frs-core:ComputerEquipment 2024-01-01 2024-12-31 05076569 frs-core:ComputerEquipment 2023-12-31 05076569 frs-core:OtherResidualIntangibleAssets 2024-12-31 05076569 frs-core:OtherResidualIntangibleAssets 2023-12-31 05076569 frs-core:SharePremium 2024-12-31 05076569 frs-core:ShareCapital 2024-12-31 05076569 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 05076569 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05076569 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 05076569 frs-bus:SmallEntities 2024-01-01 2024-12-31 05076569 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05076569 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 05076569 frs-bus:Director1 2024-01-01 2024-12-31 05076569 frs-bus:Director2 2024-01-01 2024-12-31 05076569 frs-bus:Director3 2024-01-01 2024-12-31 05076569 frs-core:CurrentFinancialInstruments 1 2024-12-31 05076569 frs-core:CurrentFinancialInstruments 2 2024-12-31 05076569 frs-countries:EnglandWales 2024-01-01 2024-12-31 05076569 2022-12-31 05076569 2023-12-31 05076569 2023-01-01 2023-12-31 05076569 frs-core:CurrentFinancialInstruments 2023-12-31 05076569 frs-core:SharePremium 2023-12-31 05076569 frs-core:ShareCapital 2023-12-31 05076569 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 05076569 frs-core:CurrentFinancialInstruments 1 2023-12-31 05076569 frs-core:CurrentFinancialInstruments 2 2023-12-31
Registered number: 05076569
Pixfizz Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
EAM London Limited
Chartered Tax Accountants
215-221 Borough High Street
London
SE1 1JA
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05076569
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,680 3,835
4,680 3,835
CURRENT ASSETS
Debtors 5 31,829 26,346
Cash at bank and in hand 6,983 9,054
38,812 35,400
Creditors: Amounts Falling Due Within One Year 6 (173,655 ) (183,257 )
NET CURRENT ASSETS (LIABILITIES) (134,843 ) (147,857 )
TOTAL ASSETS LESS CURRENT LIABILITIES (130,163 ) (144,022 )
NET LIABILITIES (130,163 ) (144,022 )
CAPITAL AND RESERVES
Called up share capital 7 397 357
Share premium account 167,948 167,948
Profit and Loss Account (298,508 ) (312,327 )
SHAREHOLDERS' FUNDS (130,163) (144,022)
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For the year ending 31 December 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Alexander De Boissezon
Director
10/09/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
1.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.4. Research and Development
Current policy is to write off all reserach and development expenditure in the period in which it is incurred.
1.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 25% straight line
1.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
1.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
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3. Intangible Assets
Other
£
Cost
As at 1 January 2024 55,099
As at 31 December 2024 55,099
Amortisation
As at 1 January 2024 55,099
As at 31 December 2024 55,099
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 9,157
Additions 2,592
As at 31 December 2024 11,749
Depreciation
As at 1 January 2024 5,322
Provided during the period 1,747
As at 31 December 2024 7,069
Net Book Value
As at 31 December 2024 4,680
As at 1 January 2024 3,835
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 8,409 4,379
Prepayments and accrued income 17,418 12,195
Other debtors (Debtors < 1 year) 1 42
VAT Control 5,942 9,730
Directors' loan accounts 59 -
31,829 26,346
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 43,773 52,697
Other creditors (Current liabilities - creditors < 1 year) 30,978 34,555
Accruals 12,867 9,946
Directors' loan accounts 86,037 86,059
173,655 183,257
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 397 357
8. General Information
Pixfizz Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05076569 . The registered office is C/O Eam London Ltd, 215-221 Borough High Street, London, SE1 1JA.
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