IPXCHANGE.TECH LIMITED


Director	J G FORSTER


Registered Address	4 Lucastes Mews
	Paddockhall Road
	Haywards Heath
	RH16 1HE


Registered Number	13965519 (England and Wales)

Balance Sheet as at
30 September 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		5,900		9,054
Tangible assets	4		2,292		6,107
			8,192		15,161
Current assets
Debtors	5	1,000		14,877
Cash at bank and on hand		7,696		10,880
		8,696		25,757
Creditors amounts falling due within one year	6	(408,354)		(444,862)
Net current assets (liabilities)			(399,658)		(419,105)
Total assets less current liabilities			(391,466)		(403,944)
Net assets			(391,466)		(403,944)
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			(392,466)		(404,944)
Shareholders' funds			(391,466)		(403,944)

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 Director acknowledges 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 financial statements were approved and authorised for issue by the Director on 4 June 2026, and are signed on its behalf by:

J G FORSTER
Director
Registered Company No. 13965519

IPXCHANGE.TECH LIMITED

Notes to the Financial Statements
for the year ended 30 September 2025

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 accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	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.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Amortisation
	Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows: Intangible asset 5 Years straight line

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Office Equipment	3

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 October 24	15,773	15,773
At 30 September 25	15,773	15,773
Amortisation and impairment
At 01 October 24	6,719	6,719
Charge for year	3,154	3,154
At 30 September 25	9,873	9,873
Net book value
At 30 September 25	5,900	5,900
At 30 September 24	9,054	9,054

4.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 October 24	11,820	11,820
Disposals	(375)	(375)
At 30 September 25	11,445	11,445
Depreciation and impairment
At 01 October 24	5,713	5,713
Charge for year	3,815	3,815
On disposals	(375)	(375)
At 30 September 25	9,153	9,153
Net book value
At 30 September 25	2,292	2,292
At 30 September 24	6,107	6,107

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	-	13,877
Other debtors	1,000	1,000
Total	1,000	14,877

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Amounts owed to related parties	407,104	443,612
Accrued liabilities and deferred income	1,250	1,250
Total	408,354	444,862


	Included in other creditors due within one year is an interest free loan to the value of £407,104 (2024 £443,612) due to a company under common control.