PIXIELAND (STOKE VILLAGE) LIMITED


Directors	Caroline Rose Francis-McDonough
	Jay Joel Francis McDonough
	John James McDonough


Registered Address	C/O Businessvision Unit 4, Sandy Court, Ashleigh Way
	Plympton
	Plymouth
	PL7 5JX


Registered Number	04050856 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		212,889		230,975
			212,889		230,975
Current assets
Debtors	5	1,885,259		854,324
Current asset investments	6	1,147,959		1,208,508
Cash at bank and on hand		227,061		176,917
		3,260,279		2,239,749
Creditors amounts falling due within one year	7	(872,089)		(493,089)
Net current assets (liabilities)			2,388,190		1,746,660
Total assets less current liabilities			2,601,079		1,977,635
Provisions for liabilities	8		(41,856)		(45,639)
Net assets			2,559,223		1,931,996
Capital and reserves
Called up share capital			501		501
Profit and loss account			2,558,722		1,931,495
Shareholders' funds			2,559,223		1,931,996

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 financial statements were approved and authorised for issue by the Board of Directors on 16 April 2026, and are signed on its behalf by:

Caroline Rose Francis-McDonough
Director
Registered Company No. 04050856

PIXIELAND (STOKE VILLAGE) LIMITED

Notes to the Financial Statements
for the year ended 31 December 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 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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	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.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

	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:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	5
Plant and machinery	33	-

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	33		29

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 January 25	75,000	75,000
At 31 December 25	75,000	75,000
Amortisation and impairment
At 01 January 25	75,000	75,000
At 31 December 25	75,000	75,000
Net book value
At 31 December 25	-	-
At 31 December 24	-	-

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Total
	£	£	£
Cost or valuation
At 01 January 25	168,605	531,641	700,246
Additions	-	6,324	6,324
At 31 December 25	168,605	537,965	706,570
Depreciation and impairment
At 01 January 25	141,469	327,802	469,271
Charge for year	1,083	23,327	24,410
At 31 December 25	142,552	351,129	493,681
Net book value
At 31 December 25	26,053	186,836	212,889
At 31 December 24	27,136	203,839	230,975

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	-	700
Other debtors	1,854,702	841,073
Prepayments and accrued income	30,557	12,551
Total	1,885,259	854,324

6.	Current asset investments
	Investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	13,240	14,904
Taxation and social security	452,608	165,681
Other creditors	404,551	312,504
Accrued liabilities and deferred income	1,690	-
Total	872,089	493,089

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	41,856	45,639
Total	41,856	45,639

9.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
Caroline Rose Francis-McDonough	350,198	162,352	312	512,238
	350,198	162,352	312	512,238

10.	Related party transactions
	At the year end, Jay Francis McDonough owed the company £645,336 (2024 - £69,000), in respect of a non-interest bearing loan arrangement.