REGISTERED NUMBER: 03291412 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

MIXEZ LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B D Welch

Mrs S A Welch

Miss C E Welch

SECRETARY:

Mrs S A Welch

REGISTERED OFFICE:

Bracken Rise

Rewlands Drive

Winchester

Hampshire

SO22 6PA

REGISTERED NUMBER:

03291412 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

BANKERS:

Starling Bank

5th Floor

London Fruit and Wool Exchange

1 Duval Square

London

E1 6PW

FIXED ASSETS

Intangible assets

4

4,810

5,670

Tangible assets

5

673

842

5,483

6,512

CURRENT ASSETS

Debtors

6

-

34

Cash at bank

813

826

813

860

CREDITORS

Amounts falling due within one year

7

69,247

67,042

NET CURRENT LIABILITIES

(68,434

)

(66,182

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(62,951

)

(59,670

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(63,051

)

(59,770

)

SHAREHOLDERS' FUNDS

(62,951

)

(59,670

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18th September 2025 and were signed on its behalf by:

B D Welch - Director

1.	STATUTORY INFORMATION

MixEz 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful lives of between ten and twenty years.

Development costs are being amortised evenly over their estimated useful life of three years.

Website costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Computer equipment

-

33% on cost

Taxation

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

Going concern

At the balance sheet date, the company's liabilities exceed its assets. During the year, the company met its working capital requirements through continued financial support received from its directors.

The directors have agreed to continue to provide financial support if necessary, and will not withdraw the money due to them for at least 12 months.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Patents

and

Development

Website

licences

costs

costs

Totals

£

£

£

£

COST

At 1st January 2024

and 31st December 2024

9,352

2,616

1,987

13,955

AMORTISATION

At 1st January 2024

4,476

2,616

1,193

8,285

Amortisation for year

661

-

199

860

At 31st December 2024

5,137

2,616

1,392

9,145

NET BOOK VALUE

At 31st December 2024

4,215

-

595

4,810

At 31st December 2023

4,876

-

794

5,670

5.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1st January 2024

and 31st December 2024

8,150

3,780

11,930

DEPRECIATION

At 1st January 2024

8,150

2,938

11,088

Charge for year

-

169

169

At 31st December 2024

8,150

3,107

11,257

NET BOOK VALUE

At 31st December 2024

-

673

673

At 31st December 2023

-

842

842

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

VAT

-

34

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

VAT

102

-

Directors' loan accounts

68,345

66,242

Accrued expenses

800

800

69,247

67,042