Company Registration No. 10260251 (England and Wales)
PIXEL PRO MEDIA LTD
Unaudited accounts
for the year ended 31 July 2021
PIXEL PRO MEDIA LTD
Unaudited accounts
Contents
PIXEL PRO MEDIA LTD
Company Information
for the year ended 31 July 2021
Directors
Mr Stefanita-Ionut Ionut PAIU
Mr. Mihaita TATARUSANU
Company Number
10260251 (England and Wales)
Registered Office
FLAT 47 PYTCHLEY HOUSE
BROWNS GREEN
BIRMINGHAM
B20 1DN
ENGLAND
Accountants
The Accountancy Solutions
Apex House, Calthorpe Road
Edgbaston
Birmingham
West Midlands
B15 1TR
PIXEL PRO MEDIA LTD
Statement of financial position
as at
31 July 2021
Tangible assets
34,251
29,532
Cash at bank and in hand
1,993
2,935
Creditors: amounts falling due within one year
(6,764)
(733)
Net current (liabilities)/assets
(4,771)
2,202
Total assets less current liabilities
29,480
31,734
Creditors: amounts falling due after more than one year
(10,537)
(10,900)
Called up share capital
100
100
Profit and loss account
18,843
20,734
Shareholders' funds
18,943
20,834
For the year ending 31 July 2021 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 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 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 of Directors and authorised for issue on 14 January 2022 and were signed on its behalf by
Mr Stefanita-Ionut Ionut PAIU
Director
Company Registration No. 10260251
PIXEL PRO MEDIA LTD
Notes to the Accounts
for the year ended 31 July 2021
PIXEL PRO MEDIA LTD is a private company, limited by shares, registered in England and Wales, registration number 10260251. The registered office is FLAT 47 PYTCHLEY HOUSE, BROWNS GREEN, BIRMINGHAM, B20 1DN, 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:
Plant & machinery
10% Straight Line
Fixtures & fittings
10% Straight Line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2020
37,172
500
37,672
Additions
9,194
235
9,429
At 31 July 2021
46,366
735
47,101
At 1 August 2020
7,940
200
8,140
Charge for the year
4,636
74
4,710
At 31 July 2021
12,576
274
12,850
At 31 July 2021
33,790
461
34,251
At 31 July 2020
29,232
300
29,532
PIXEL PRO MEDIA LTD
Notes to the Accounts
for the year ended 31 July 2021
5
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
931
-
Loans from directors
5,100
-
6
Creditors: amounts falling due after more than one year
2021
2020
7
Share capital
2021
2020
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).