Etfrix Ltd

Registered Number
13478432
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2026

Etfrix Ltd

Company Information
for the year from 1 February 2025 to 31 January 2026


Directors	Steer, Bronwen Isabella-Jayne
	Steer, Hayden Xavier Francis
	Steer, Nathaniel Francis
	Summerlin, Rowena, Dr


Registered Address	Lyndon Court
	115 Keddington Road
	Louth
	LN11 0BA


Registered Number	13478432 (England and Wales)

Etfrix Ltd

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		466,572		440,116
			466,572		440,116
Current assets
Debtors		25,847		12,256
Cash at bank and on hand		10,776		258,269
		36,623		270,525
Creditors amounts falling due within one year		(10,502)		(16,684)
Net current assets (liabilities)			26,121		253,841
Total assets less current liabilities			492,693		693,957
Creditors amounts falling due after one year			(540,076)		(722,246)
Net assets			(47,383)		(28,289)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(47,483)		(28,389)
Shareholders' funds			(47,383)		(28,289)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 11 May 2026, and are signed on its behalf by:

Steer, Nathaniel Francis
Director
Registered Company No. 13478432

Etfrix Ltd

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

2.	Average number of employees


		2026		2025
	Average number of employees during the year	1		1

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 February 25	452,884
	Additions	38,728
	At 31 January 26	491,612
	Depreciation and impairment
	At 01 February 25	12,768
	Charge for year	12,272
	At 31 January 26	25,041
	Net book value
	At 31 January 26	466,572
	At 31 January 25	440,116

4.	Controlling party
	The company is a subsidiary of Cosmokorix Holdings Ltd, which is the ultimate controlling party owning 90% of the share capital.