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Company Registration No. 14003422 (England and Wales)
Pipsie Ltd Unaudited accounts for the year ended 31 March 2025
Pipsie Ltd Unaudited accounts Contents
Page
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Pipsie Ltd Company Information for the year ended 31 March 2025
Director
Mr C M Edwards
Company Number
14003422 (England and Wales)
Registered Office
52 Rhodfa Cae Uchel Aberdare CF44 6TL Wales
Accountants
R H Jeffs & Rowe Ltd 27-28 Gelliwastad Road Pontypridd CF37 2BW
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Pipsie Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
8,400 
9,600 
Tangible assets
10,769 
11,003 
19,169 
20,603 
Current assets
Debtors
3,262 
5,665 
Cash at bank and in hand
17,128 
10,684 
20,390 
16,349 
Creditors: amounts falling due within one year
(1,839)
(1,823)
Net current assets
18,551 
14,526 
Net assets
37,720 
35,129 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
37,718 
35,127 
Shareholders' funds
37,720 
35,129 
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 director acknowledges his 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 12 December 2025 and were signed on its behalf by
Mr C M Edwards Director Company Registration No. 14003422
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Pipsie Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Pipsie Ltd is a private company, limited by shares, registered in England and Wales, registration number 14003422. The registered office is 52 Rhodfa Cae Uchel, Aberdare, CF44 6TL, Wales.
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.
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
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2024
12,000 
At 31 March 2025
12,000 
Amortisation
At 1 April 2024
2,400 
Charge for the year
1,200 
At 31 March 2025
3,600 
Net book value
At 31 March 2025
8,400 
At 31 March 2024
9,600 
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Pipsie Ltd Notes to the Accounts for the year ended 31 March 2025
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2024
17,238 
Additions
3,356 
At 31 March 2025
20,594 
Depreciation
At 1 April 2024
6,235 
Charge for the year
3,590 
At 31 March 2025
9,825 
Net book value
At 31 March 2025
10,769 
At 31 March 2024
11,003 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
3,262 
5,665 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
1,179 
1,223 
Accruals
660 
600 
1,839 
1,823 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr C M Edwards
Due from Director
5,665 
3,262 
5,665 
3,262 
5,665 
3,262 
5,665 
3,262 
Repaid
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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