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Company Registration No. 13557326 (England and Wales)
Pnyx Limited Unaudited accounts for the year ended 31 August 2025
Pnyx Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Pnyx Limited Company Information for the year ended 31 August 2025
Director
A Dowell
Company Number
13557326 (England and Wales)
Registered Office
Unit 11 Holts Court Threshers Bush Harlow Essex CM17 0NS England
Accountants
Deciphr Ltd Unit 11 Holts Court Threshers Bush Harlow Essex CM17 0NS
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Pnyx Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
21,332
29,899
Current assets
Debtors
5
488,953
176,647
Cash at bank and in hand
21,831
79,242
510,784
255,889
Creditors: amounts falling due within one year
6
(458,324)
(155,209)
Net current assets
52,460
100,680
Total assets less current liabilities
73,792
130,579
Creditors: amounts falling due after more than one year
7
(19,698)
(30,954)
Provisions for liabilities
Deferred tax
(7,475)
(7,475)
Net assets
46,619
92,150
Capital and reserves
Called up share capital
100
100
Profit and loss account
46,519
92,050
Shareholders' funds
46,619
92,150
For the year ending 31 August 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 25 May 2026 and were signed on its behalf by
A Dowell Director Company Registration No. 13557326
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Pnyx Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Pnyx Limited is a private company, limited by shares, registered in England and Wales, registration number 13557326. The registered office is Unit 11, Holts Court, Threshers Bush, Harlow, Essex, CM17 0NS, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
25% Reducing balance
Fixtures & fittings
4 year straight line
Computer equipment
4 year straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Pnyx Limited Notes to the Accounts for the year ended 31 August 2025
Pension costs
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.
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
56,027
1,500
4,755
62,282
At 31 August 2025
56,027
1,500
4,755
62,282
Depreciation
At 1 September 2024
28,014
1,125
3,244
32,383
Charge for the year
7,003
375
1,189
8,567
At 31 August 2025
35,017
1,500
4,433
40,950
Net book value
At 31 August 2025
21,010
-
322
21,332
At 31 August 2024
28,013
375
1,511
29,899
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
-
2,072
Trade debtors
207,007
60,844
Accrued income and prepayments
88,360
-
Other debtors
193,586
113,731
488,953
176,647
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
11,031
-
VAT
12,337
-
Obligations under finance leases and hire purchase contracts
11,256
11,256
Trade creditors
90,759
12,269
Taxes and social security
64,864
129,288
Other creditors
776
-
Accruals
267,301
2,396
458,324
155,209
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
19,698
30,954
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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