REGISTERED NUMBER: 09917637 (England and Wales)

PIXLMAKER LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

Mr J Wyldeman

REGISTERED OFFICE:

Greetwell Place

2 Lime Kiln Way

Lincoln

Lincolnshire

LN2 4US

REGISTERED NUMBER:

09917637 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

4 Henley Way

Doddington Road

Lincoln

Lincolnshire

LN6 3QR

FIXED ASSETS

Tangible assets

4

8,207

12,509

CURRENT ASSETS

Debtors

5

1,312

58,879

Cash at bank

3,016

5,129

4,328

64,008

CREDITORS

Amounts falling due within one year

6

14,495

17,929

NET CURRENT (LIABILITIES)/ASSETS

(10,167

)

46,079

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,960

)

58,588

CREDITORS

Amounts falling due after more than one year

7

(5,240

)

(6,569

)

PROVISIONS FOR LIABILITIES

(1,559

)

(2,922

)

NET (LIABILITIES)/ASSETS

(8,759

)

49,097

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

(8,761

)

49,095

SHAREHOLDERS' FUNDS

(8,759

)

49,097

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the director and authorised for issue on 24 August 2026 and were signed by:

Mr J Wyldeman - Director

1.	STATUTORY INFORMATION

Pixlmaker Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The polices adopted for the recognition of turnover are as follows:

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from E-commerce software development is recognised by reference to the stage of completion at the statement of financial position date. Stage of completion is measured by reference to date of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

35,547

DEPRECIATION

At 1 January 2025

23,038

Charge for year

4,302

At 31 December 2025

27,340

NET BOOK VALUE

At 31 December 2025

8,207

At 31 December 2024

12,509

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

1,312

58,879

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

1,408

1,296

Taxation and social security

184

11,385

Other creditors

12,903

5,248

14,495

17,929

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

5,240

6,569

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 years by

installments

-

731

-

731

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The directors have a directors loan account totalling £57,671 overdrawn brought forward (2024: £40,367 overdrawn). During the year, the directors of the company borrowed £383 (2024: £56,868) from the company and repaid £59,578 (2024: £40,500). Interest of £1,334 (2024: £935) was charged on the overdrawn amount in the year. The balance at the end of the year totalled £191 in credit (2024: £57,671 overdrawn).

10.	GOING CONCERN

During the year the company sustained a loss before tax of £2,735 (2025: profit before tax of £59,781) and at the statement of financial position date its liabilities exceeded its assets by £8,759 (2025: assets exceeded liabilities by £49,097).

The financial statements have been prepared on a going concern basis, on the understanding that the directors and shareholders will continue to financially support the company.

11.	ILLEGAL DIVIDENDS

At the time dividends were taken there were profits available for distribution, but the directors and shareholders understand that no further dividends can be made until there are further profits available to do so.