Pixel360 Limited - Limited company - abbreviated - 11.6

Pixel360 Limited - Limited company - abbreviated - 11.6

PIXEL360 LIMITED - Company Information

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07395066 1.4.13 31.3.14 31.3.14 Company accounts Private Limited Company FY true false true false true false false Ordinary 1.00000 A Ordinary 1.00000 B Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure073950662013-03-31073950662014-03-31073950662013-04-012014-03-31073950662012-03-31073950662012-04-012013-03-31073950662013-03-3107395066ns12:England2013-04-012014-03-3107395066ns14:PoundSterling2013-04-012014-03-3107395066ns7:Director12013-04-012014-03-3107395066ns7:OrdinaryShareClass12013-04-012014-03-3107395066ns7:OrdinaryShareClass22013-04-012014-03-3107395066ns7:OrdinaryShareClass32013-04-012014-03-3107395066ns7:Director22013-04-012014-03-3107395066ns7:RegisteredOffice2013-04-012014-03-3107395066ns7:EntityAccountantsOrAuditors2013-04-012014-03-3107395066ns5:PlantMachinery2013-04-012014-03-3107395066ns5:ComputerEquipment2013-04-012014-03-3107395066ns7:OrdinaryShareClass12014-03-3107395066ns7:OrdinaryShareClass12013-03-3107395066ns7:OrdinaryShareClass22014-03-3107395066ns7:OrdinaryShareClass22013-03-3107395066ns7:OrdinaryShareClass32014-03-3107395066ns7:OrdinaryShareClass32013-03-31
REGISTERED NUMBER: 07395066 (England and Wales)















ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2014

FOR

PIXEL360 LIMITED

PIXEL360 LIMITED (REGISTERED NUMBER: 07395066)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

PIXEL360 LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2014







DIRECTORS: R Holland
J J Holland





REGISTERED OFFICE: 76b First Floor Flat
Leigham Vale
London
SW16 2JG





REGISTERED NUMBER: 07395066 (England and Wales)





ACCOUNTANTS: Russell New Limited
The Courtyard
Shoreham Road
Upper Beeding
Steyning
West Sussex
BN44 3TN
Page 1
PIXEL360 LIMITED (REGISTERED NUMBER: 07395066)

ABBREVIATED BALANCE SHEET
31ST MARCH 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 6,333 10,333
Tangible assets 3 7,196 9,521
13,529 19,854

CURRENT ASSETS
Debtors 16,874 15,446
Cash at bank 17,098 26,225
33,972 41,671
CREDITORS
Amounts falling due within one year 17,406 30,979
NET CURRENT ASSETS 16,566 10,692
TOTAL ASSETS LESS CURRENT
LIABILITIES
30,095
30,546

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 29,995 30,446
SHAREHOLDERS' FUNDS 30,095 30,546

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 3rd November 2014 and were signed on its behalf
by:





R Holland - Director


The notes form part of these abbreviated accounts

Page 2
PIXEL360 LIMITED (REGISTERED NUMBER: 07395066)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2014

1. ACCOUNTING POLICIES

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

Turnover
Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service
contracts where turnover is recognised when the company obtains the rights to consideration.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of five years.

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 - 33% on cost
Computer equipment - 33% on cost

Deferred tax
Deferred taxation has not been provided in these accounts. This does not comply with the Financial Reporting
Standard for Smaller Entities (effective April 2008) paragraph 9.4. If full provision for deferred taxation was
made in these accounts, there would be a liability at 31 March 2014 of £193 (2013: £384).

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1st April 2013
and 31st March 2014 20,000
AMORTISATION
At 1st April 2013 9,667
Amortisation for year 4,000
At 31st March 2014 13,667
NET BOOK VALUE

At 31st March 2014 6,333
At 31st March 2013 10,333

Page 3 continued...
PIXEL360 LIMITED (REGISTERED NUMBER: 07395066)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31ST MARCH 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st April 2013 23,183
Additions 3,210
At 31st March 2014 26,393
DEPRECIATION
At 1st April 2013 13,662
Charge for year 5,535
At 31st March 2014 19,197
NET BOOK VALUE
At 31st March 2014 7,196
At 31st March 2013 9,521

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary £1 - -
50 A Ordinary £1 50 50
50 B Ordinary £1 50 50
100 100

During the year 100 Ordinary £1 shares were redesignated as 50 A Ordinary £1 shares and 50 B Ordinary £1
shares.

Page 4