REGISTERED NUMBER: 03918078 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

PIXCROFT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Mason

Mrs J M Cottee

REGISTERED OFFICE:

The Shrubbery Veterinary Centre

65 Perry Street

Northfleet

Kent

DA11 8RD

REGISTERED NUMBER:

03918078 (England and Wales)

ACCOUNTANTS:

Carleys

Second Floor South

The Fitted Rigging House

The Historic Dockyard

Chatham

Kent

ME4 4TZ

BANKERS:

National Westminster Bank Plc

30 King Street

Gravesend

DA12 2DU

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

2,104,000

2,064,000

2,104,000

2,064,000

CURRENT ASSETS

Debtors

6

9,739

9,649

Cash at bank

51,646

46,100

61,385

55,749

CREDITORS

Amounts falling due within one year

7

(31,740

)

(28,246

)

NET CURRENT ASSETS

29,645

27,503

TOTAL ASSETS LESS CURRENT LIABILITIES

2,133,645

2,091,503

PROVISIONS FOR LIABILITIES

(293,352

)

(283,352

)

NET ASSETS

1,840,293

1,808,151

CAPITAL AND RESERVES

Called up share capital

8

1,952

1,952

Fair value reserves

1,044,873

1,014,873

Capital redemption reserve

1

1

Other reserves

148

148

Retained earnings

793,319

791,177

SHAREHOLDER FUNDS

1,840,293

1,808,151

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 20 December 2025 and were signed on its behalf by:

D J Mason - Director

1.	STATUTORY INFORMATION

Pixcroft 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents amounts receivable for letting income net of VAT and trade discounts.

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 etc

-

Straight line over 3 years

Investment property

Investment properties are included in the financial statements at fair value. Gains and losses are recognised in the income statement. Deferred taxation is provided on these gains and losses at the rate expected to apply when the properties are sold.

Current and deferred 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.

Deferred tax balances are recognised in respect of timing differences that have originated but not reversed by the balance sheet date.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

and 30 April 2025

4,990

DEPRECIATION

At 1 May 2024

and 30 April 2025

4,990

NET BOOK VALUE

At 30 April 2025

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2024

2,064,000

Fair value gain

40,000

At 30 April 2025

2,104,000

NET BOOK VALUE

At 30 April 2025

2,104,000

At 30 April 2024

2,064,000

The investment properties have been measured at fair value which is the open market value of the properties. The fair value adjustment has been taken through to the profit and loss account.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

9,739

9,649

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

(524

)

(524

)

Amounts owed to group undertakings

605

605

Taxation and social security

25,050

21,556

Other creditors

6,609

6,609

31,740

28,246

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

307

Ordinary 'A'

£1

307

307

332

Ordinary 'B'

£1

332

332

636

Ordinary 'C'

£1

636

636

577

Ordinary 'D'

£1

577

577

59

Ordinary 'E'

£1

59

59

31

Ordinary 'F'

£1

31

31

5

Ordinary 'G'

£1

5

5

5

Ordinary 'H'

£1

5

5

1,952

1,952

9.	RELATED PARTY DISCLOSURES

The company's immediate parent company is Pixcroft Holdings Limited. Their registered office is The Shrubbery Veterinary Centre, 65 Perry Street, Northfleet, Kent, DA11 8RD.