Company registration number 11084763 (England and Wales)
PIXEL SOUNDS GOOD LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
PIXEL SOUNDS GOOD LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
PIXEL SOUNDS GOOD LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
Current assets
Debtors
3
-
0
20,000
Cash at bank and in hand
206,378
148,424
206,378
168,424
Creditors: amounts falling due within one year
4
(14,747)
(5,709)
Net current assets
191,631
162,715
Capital and reserves
Called up share capital
10
10
Profit and loss reserves
191,621
162,705
Total equity
191,631
162,715

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 9 April 2026
J A Rubel
Director
Company registration number 11084763 (England and Wales)
PIXEL SOUNDS GOOD LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -
1
Accounting policies
Company information

Pixel Sounds Good Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3rd Floor, The Bloomsbury Building, 10 Bloomsbury Way, Holborn, WC1A 2SL.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest .

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

It is intended that the company cease trading and dissolve following the balance sheet date. The financial statements have therefore been prepared on a basis other than that of a going concern which includes where appropriate writing down the company's assets to their net realizable value. The financial statements do not include any provision for the future costs of terminating the business except to the the extent that such were committed to at the balance sheet date. true

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company only has financial instruments which are classified as basic financial instruments.

Short-term debtors and creditors are measured at the settlement value. Any losses from impairment are recognised in profit and loss.

Bank loans are initially recorded at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

PIXEL SOUNDS GOOD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 3 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.8
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.9
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.10
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
1
1
PIXEL SOUNDS GOOD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 4 -
3
Debtors
2026
2025
Amounts falling due within one year:
Other debtors
-
0
20,000
4
Creditors: amounts falling due within one year
2026
2025
Trade creditors
-
0
4,509
Corporation tax
8,162
-
0
Other creditors
6,585
1,200
14,747
5,709
5
Directors' transactions

During the year, the company loaned the director, J Rubel, £168,000 (2025 - £20,000). During the year, the director repaid the company £188,000 (2025 - £Nil). At the balance sheet date, the company was owed £Nil (2025 - £20,000). Loans with the director are unsecured, interest-free and repayable on demand.

2026-03-31 2025-04-01 false false false 09 April 2026 CCH Software CCH Accounts Production 2025.100 No description of principal activity J A Rubel 11084763 2025-04-01 2026-03-31 11084763 2026-03-31 11084763 2025-03-31 11084763 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 11084763 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 11084763 core:CurrentFinancialInstruments 2026-03-31 11084763 core:CurrentFinancialInstruments 2025-03-31 11084763 core:ShareCapital 2026-03-31 11084763 core:ShareCapital 2025-03-31 11084763 core:RetainedEarningsAccumulatedLosses 2026-03-31 11084763 core:RetainedEarningsAccumulatedLosses 2025-03-31 11084763 bus:Director1 2025-04-01 2026-03-31 11084763 2024-04-01 2025-03-31 11084763 core:WithinOneYear 2026-03-31 11084763 core:WithinOneYear 2025-03-31 11084763 bus:Director1 2026-03-31 11084763 bus:Director1 2025-03-31 11084763 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 11084763 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 11084763 bus:FRS102 2025-04-01 2026-03-31 11084763 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 11084763 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP