Celeb Pix Ltd iXBRL

Celeb Pix Ltd

Abridged Unaudited Financial Statements

for the financial year ended 31 May 2025

Celeb Pix Ltd

Company Registration Number: 13411484

ABRIDGED STATEMENT OF FINANCIAL POSITION

as at 31 May 2025

		2025	2024
	Notes	£	£

Non-Current Assets

Property, plant and equipment

2,040

7,961

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Current Assets

Receivables

39,730

Cash and cash equivalents

51,367

48,284

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51,367

88,014

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Payables: amounts falling due within one year

(48,106)

(41,928)

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Net Current Assets

3,261

46,086

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Total Assets less Current Liabilities

5,301

54,047

Provisions for liabilities

(274)

(1,990)

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Net Assets

5,027

52,057

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Capital and Reserves

Called up share capital

Retained earnings

5,026

52,056

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Equity attributable to owners of the company

5,027

52,057

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The financial statements have been prepared 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).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

The company has taken advantage of the exemption under section 444 not to file the Abridged Income Statement and Directors' Report.

For the financial year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 29 December 2025 and signed on its behalf by



________________________________
Mr Ashley James Moore
Director

Celeb Pix Ltd

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

for the financial year ended 31 May 2025

General Information

Celeb Pix Ltd is a company limited by shares incorporated and registered in England. The registered number of the company is 13411484. The registered office of the company is 128 City Road, London, EC1V 2NX. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 May 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax for photography, videography and media services.

Property, plant and equipment and depreciation

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:

Plant and machinery

33.33% Straight line

Fixtures, fittings and equipment

25% Straight line

Computer equipment

25% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.

Employees

The average monthly number of employees, including directors, during the financial year was 1, (2024 - 1).

2025

2024

Number

Number

Average number of persons employed

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4.	Property, plant and equipment
		Plant and	Fixtures,	Computer	Total
		machinery	fittings and	equipment
			equipment
		£	£	£	£
	Cost
	At 1 June 2024	12,563	5,442	2,502	20,507
	Additions	-	-	337	337
	Disposals	(7,982)	-	-	(7,982)
		─────────	─────────	─────────	─────────
	At 31 May 2025	4,581	5,442	2,839	12,862
		─────────	─────────	─────────	─────────
	Depreciation
	At 1 June 2024	7,685	4,082	779	12,546
	Charge for the financial year	1,527	1,360	710	3,597
	On disposals	(5,321)	-	-	(5,321)
		─────────	─────────	─────────	─────────
	At 31 May 2025	3,891	5,442	1,489	10,822
		─────────	─────────	─────────	─────────
	Net book value
	At 31 May 2025	690	-	1,350	2,040
		═════════	═════════	═════════	═════════
	At 31 May 2024	4,878	1,360	1,723	7,961
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