Systix Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 07067081

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		920		30,905

			920		30,905
CURRENT ASSETS
Stocks	5	-		3,500
Debtors	6	3,528		11,250
Cash at bank and in hand		28,125		7,015

		31,653		21,765
Creditors: Amounts Falling Due Within One Year	7	(197,834 )		(258,234 )

NET CURRENT ASSETS (LIABILITIES)			(166,181 )		(236,469 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(165,261 )		(205,564 )

Creditors: Amounts Falling Due After More Than One Year	8		(30,896 )		(34,991 )

NET LIABILITIES			(196,157 )		(240,555 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(196,257 )		(240,655 )

SHAREHOLDERS' FUNDS			(196,157)		(240,555)

Page 1

Page 2

Systix Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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 Serhiy Horobets

Director

03/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Systix Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07067081 . The registered office is Office 7313, 321-323 High Road, Romford, Essex, RM6 6AX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends on the company being able to

trade profitably in the future and the continued support from the company's directors, shareholders and bankers.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:

Plant & Machinery	20% Reducing Balance
Motor Vehicles	25% Reducing Balance
Computer Equipment	33% on cost

2.5. Stocks and Work in Progress

Stock is valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 5)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	86,803	12,250	3,300	102,353
Disposals	(86,803 )	-	-	(86,803 )

As at 31 March 2025	-	12,250	3,300	15,550

...CONTINUED

Page 3

Page 4

Systix Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024	57,124	11,024	3,300	71,448
Provided during the period	-	306	-	306
Disposals	(57,124 )	-	-	(57,124 )

As at 31 March 2025	-	11,330	3,300	14,630

Net Book Value
As at 31 March 2025	-	920	-	920

As at 1 April 2024	29,679	1,226	-	30,905

5. Stocks

	2025	2024
	£	£
Stock	-	3,500

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	3,428	-
Other debtors	-	11,250
Other taxes and social security	100	-

	3,528	11,250

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	9,784	38,489
Other taxes and social security	-	4,264
Other creditors	61,000	44,000
Accruals and deferred income	625	625
Directors' loan accounts	126,425	170,856

	197,834	258,234

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	30,896	34,991

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

Page 4