Phixflow Ltd - Accounts

Phixflow Ltd
Contents Page
For the year ended 31 March 2026

Statement of financial position	1
Notes to the financial statements	2

Registered Number: 05065889 Phixflow Ltd
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	16,155	19,523
		16,155	19,523
Current assets
Debtors: amounts falling due within one year		360,174	463,530
Cash at bank and in hand		566,583	365,625
		926,757	829,155
Creditors: amount falling due within one year		(438,500)	(300,592)
Net current assets		488,257	528,563

Total assets less current liabilities		504,412	548,086
Net assets		504,412	548,086

Capital and reserves
Called up share capital	4	9,975	9,975
Profit and loss account		494,437	538,111
Shareholders' funds		504,412	548,086

For the 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

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 by the board of directors on 11 May 2026 and were signed on its behalf by:

-------------------------------
Andrew Timothy Humphries
Director

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David Andrew Coales
Director

1

Phixflow Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

Phixflow Ltd is a private company, limited by shares, registered in England and Wales, registration number 05065889, registration address St John's Innovation Centre, Cowley Road, Cambridge, CB4 0WS.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	20% Straight Line
Computer Equipment	20% Straight Line

2.	Average number of employees Average number of employees during the year was 19 (2025 : 22).

3.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 April 2025	6,181	77,826	84,007
Additions	-	7,886	7,886
Disposals	(861)	(12,348)	(13,209)
At 31 March 2026	5,320	73,364	78,684
Depreciation
At 01 April 2025	4,655	59,829	64,484
Charge for year	534	7,977	8,511
On disposals	(680)	(9,786)	(10,466)
At 31 March 2026	4,509	58,020	62,529
Net book values
Closing balance as at 31 March 2026	811	15,344	16,155
Opening balance as at 01 April 2025	1,526	17,997	19,523

4.

Share Capital

Allotted, called up and fully paid	2026 £	2025 £
925,288 Class A shares of £0.01 each	9,253	9,253
72,212 Class B shares of £0.01 each	722	722
	9,975	9,975

2

Registered Number: 05065889
England and Wales
Abridged Accounts

for the year ended 31 March 2026
for
PHIXFLOW LTD