Company Registration No. 10257942 (England and Wales)
PIXELS FIRST LTD
Unaudited accounts
for the year ended 31 May 2025
PIXELS FIRST LTD
Unaudited accounts
Contents
PIXELS FIRST LTD
Company Information
for the year ended 31 May 2025
Company Number
10257942 (England and Wales)
Registered Office
SUITE 2, PARKWAY 5, EMERSON BUSINESS CEN
PRINCESS ROAD
MANCHESTER
M14 7HR
ENGLAND
Accountants
CLEARCUT ACCOUNTING LIMITED
SUITE 2 PARKWAY 5 PARKWAY BUSINESS CENT
300 PRINCESS ROAD
MANCHESTER
M14 7HR
PIXELS FIRST LTD
Statement of financial position
as at 31 May 2025
Cash at bank and in hand
5,434
4,268
Creditors: amounts falling due within one year
(85,980)
(62,579)
Net current assets
9,097
19,734
Total assets less current liabilities
9,701
20,588
Creditors: amounts falling due after more than one year
(27,828)
(33,414)
Net liabilities
(18,127)
(12,826)
Called up share capital
100
100
Profit and loss account
(18,227)
(12,926)
Shareholders' funds
(18,127)
(12,826)
For the year ending 31 May 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 May 2026 and were signed on its behalf by
Kamran Abdullah
Director
Company Registration No. 10257942
PIXELS FIRST LTD
Notes to the Accounts
for the year ended 31 May 2025
PIXELS FIRST LTD is a private company, limited by shares, registered in England and Wales, registration number 10257942. The registered office is SUITE 2, PARKWAY 5, EMERSON BUSINESS CEN, PRINCESS ROAD, MANCHESTER, M14 7HR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Straight Line Method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
PIXELS FIRST LTD
Notes to the Accounts
for the year ended 31 May 2025
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
7,342
3,682
Trade creditors
41,401
28,201
Taxes and social security
(1,408)
(1,240)
Other creditors
26,388
33,712
Loans from directors
12,554
(658)
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).