PH INVESTMENTS LIMITED

Company Registration Number:
12695053 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2022

Period of accounts

Start date: 01 April 2021

End date: 31 March 2022

PH INVESTMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2022

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

PH INVESTMENTS LIMITED

Company Information

for the Period Ended 31 March 2022




Director: Daniel Palmer
David Hayward
Registered office: 34
Apartment 34, Hampton House, 92,
Northenden Road
Sale
England
M33 3UR
Company Registration Number: 12695053 (England and Wales)

PH INVESTMENTS LIMITED

Directors' Report Period Ended 31 March 2022

The directors present their report with the financial statements of the company for the period ended 31 March 2022

Principal Activities

Selling candles

Directors

The directors shown below have held office during the whole of the period from 01 April 2021 to 31 March 2022
Daniel Palmer
David Hayward

This report was approved by the board of directors on 27 August 2022
And Signed On Behalf Of The Board By:

Name: Daniel Palmer
Status: Director

PH INVESTMENTS LIMITED

Profit and Loss Account

for the Period Ended 31 March 2022


Notes

2022
£
9 months to
31 Mar 2021
£
Turnover 3,583 3,715
Cost of sales ( 1,436 ) ( 5,008 )
Gross Profit or (Loss) 2,147 ( 1,293 )
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 107 ) ( 273 )
Administrative Expenses ( 2,878 ) ( 1,995 )
Other operating income 0 0
Operating Profit or (Loss) ( 838 ) ( 3,561 )
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax ( 838 ) ( 3,561 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 838 ) ( 3,561 )

The notes form part of these financial statements

PH INVESTMENTS LIMITED

Balance sheet

As at 31 March 2022


Notes

2022
£
9 months to
31 Mar 2021
£
Fixed assets
Tangible assets: 4 479 719
Total fixed assets: 479 719
Current assets
Stocks: 557 1,091
Debtors: 5 0 0
Cash at bank and in hand: 1,400 2,100
Total current assets: 1,957 3,191
Creditors: amounts falling due within one year: 6 ( 12,067 ) ( 16,747 )
Net current assets (liabilities): ( 10,110 ) ( 13,556 )
Total assets less current liabilities: ( 9,631 ) ( 12,837 )
Creditors: amounts falling due after more than one year: 7 ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): ( 9,631 ) ( 12,837 )

The notes form part of these financial statements

PH INVESTMENTS LIMITED

Balance sheet continued

As at 31 March 2022


Notes

2022
£
9 months to
31 Mar 2021
£
Capital and reserves
Called up share capital: 20 20
Revaluation reserve: 8 0 0
Profit and loss account: ( 9,651 ) ( 12,857 )
Shareholders funds: ( 9,631 ) ( 12,837 )

For the year ending 31 March 2022 the company was entitled to exemption 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.

This report was approved by the board of directors on 27 August 2022
And Signed On Behalf Of The Board By:

Name: Daniel Palmer
Status: Director

The notes form part of these financial statements

PH INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PH INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 2. Employees


    2022
    9 months to
    31 Mar 2021
    Average number of employees during the period 2 2

PH INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 3. Off balance sheet disclosure

    No

PH INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 April 2021 719 719
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations - -
Transfers 0 0
At 31 March 2022 719 719
Depreciation
At 01 April 2021 - -
Charge for year - -
On disposals - -
Other adjustments 240 240
At 31 March 2022 240 240
Net book value
At 31 March 2022 479 479
At 31 March 2021 719 719

PH INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

5. Debtors


2022
£
9 months to
31 Mar 2021
£
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 0 0
Total 0 0
Debtors due after more than one year: 0 0

PH INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

6.Creditors: amounts falling due within one year note


2022
£
9 months to
31 Mar 2021
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 12,067 16,747
Total 12,067 16,747

PH INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

7.Creditors: amounts falling due after more than one year


2022
£
9 months to
31 Mar 2021
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Total 0 0

PH INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

8. Revaluation reserve


2022
£
Balance at 01 April 2021 0
Surplus or deficit after revaluation 0
Balance at 31 March 2022 0