PIXSIS_LIMITED - Accounts

PIXSIS LIMITED - Company Information

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Company Registration No. 8554414 (England and Wales)

PIXSIS LIMITED

ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 DECEMBER 2013

PIXSIS LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

PIXSIS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2013

- 1 -

2013

Notes

Fixed assets

Intangible assets

46,667

Tangible assets

1,167

47,834

Current assets

Debtors

19,629

Cash at bank and in hand

1,751

21,380

Creditors: amounts falling due within one year

(12,264)

Net current assets

9,116

Total assets less current liabilities

56,950

Creditors: amounts falling due after more than one year

(114,836)

(57,886)

Capital and reserves

Called up share capital

1,000

Profit and loss account

(58,886)

Shareholders' funds

(57,886)

PIXSIS LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 DECEMBER 2013

- 2 -

For the financial period ended 31 December 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 18 September 2014

J L Wanders

Director

Company Registration No. 8554414

PIXSIS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 DECEMBER 2013

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The company meets its day to day working capital requirements through the support of it's ultimate holding company Informanagement Holdings B.V. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of support and the loan from Informanagement Holdings B.V.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

1.5

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

25% Straight Line

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 3 June 2013

Additions

50,000

1,256

51,256

At 31 December 2013

50,000

1,256

51,256

Depreciation

At 3 June 2013

Charge for the period

3,333

3,422

At 31 December 2013

3,333

3,422

Net book value

At 31 December 2013

46,667

1,167

47,834

PIXSIS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 31 DECEMBER 2013

- 4 -

Share capital

2013

Allotted, called up and fully paid

1,000 Ordinary £1 Shares of £1 each

1,000

During the year 1,000 Ordinary Shares of £1 each were issued and fully paid.