1 June 2022 false No description of principal activity Taxfiler 2023.9.1 13388532business:PrivateLimitedCompanyLtd2022-06-012023-05-31 133885322022-05-31 133885322022-06-012023-05-31 13388532business:AuditExemptWithAccountantsReport2022-06-012023-05-31 13388532business:FilletedAccounts2022-06-012023-05-31 133885322023-05-31 13388532business:Director12022-06-012023-05-31 13388532business:Director22022-06-012023-05-31 13388532business:RegisteredOffice2022-06-012023-05-31 133885322022-05-31 13388532core:WithinOneYear2023-05-31 13388532core:WithinOneYear2022-05-31 13388532core:AfterOneYear2023-05-31 13388532core:AfterOneYear2022-05-31 13388532core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 13388532core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 13388532core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 13388532core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 13388532core:PreviouslyStatedAmount2023-05-31 13388532core:PreviouslyStatedAmount2022-05-31 13388532business:SmallEntities2022-06-012023-05-31 13388532countries:EnglandWales2022-06-012023-05-31 13388532core:ComputerEquipment2022-06-012023-05-31 13388532core:ComputerEquipment2022-05-31 13388532core:ComputerEquipment2023-05-31 133885322021-06-012022-05-31 iso4217:GBP xbrli:pure
Company Registration No. 13388532 (England and Wales)
PHOENIX INDUSTRIAL TRAINING & DESIGN LTD Unaudited accounts for the year ended 31 May 2023
PHOENIX INDUSTRIAL TRAINING & DESIGN LTD Unaudited accounts Contents
Page
- 2 -
PHOENIX INDUSTRIAL TRAINING & DESIGN LTD Company Information for the year ended 31 May 2023
Directors
Darren Clover Dr Roger Howarth
Company Number
13388532 (England and Wales)
Registered Office
UNIT 2, GREENLINE BUSINESS PARK WELLINGTON STREET BURTON-ON-TRENT DE14 2AS ENGLAND
- 3 -
PHOENIX INDUSTRIAL TRAINING & DESIGN LTD Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,270 
2,502 
Current assets
Inventories
4,155 
- 
Debtors
54,096 
13,680 
Cash at bank and in hand
3,069 
7,448 
61,320 
21,128 
Creditors: amounts falling due within one year
(62,115)
(58,896)
Net current liabilities
(795)
(37,768)
Total assets less current liabilities
475 
(35,266)
Creditors: amounts falling due after more than one year
(30,000)
- 
Net liabilities
(29,525)
(35,266)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(29,527)
(35,268)
Shareholders' funds
(29,525)
(35,266)
For the year ending 31 May 2023 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 13 October 2023 and were signed on its behalf by
Darren Clover Director Company Registration No. 13388532
- 4 -
PHOENIX INDUSTRIAL TRAINING & DESIGN LTD Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
PHOENIX INDUSTRIAL TRAINING & DESIGN LTD is a private company, limited by shares, registered in England and Wales, registration number 13388532. The registered office is UNIT 2, GREENLINE BUSINESS PARK, WELLINGTON STREET, BURTON-ON-TRENT, DE14 2AS, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
33% straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2022
3,734 
At 31 May 2023
3,734 
Depreciation
At 1 June 2022
1,232 
Charge for the year
1,232 
At 31 May 2023
2,464 
Net book value
At 31 May 2023
1,270 
At 31 May 2022
2,502 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
51,895 
13,680 
Accrued income and prepayments
2,201 
- 
54,096 
13,680 
- 5 -
PHOENIX INDUSTRIAL TRAINING & DESIGN LTD Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
7,557 
- 
VAT
4,969 
(1,151)
Trade creditors
12,159 
18,255 
Taxes and social security
1,113 
3,118 
Other creditors
24,403 
20,403 
Loans from directors
5,731 
17,771 
Accruals
6,183 
500 
62,115 
58,896 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
30,000 
- 
8
Transactions with related parties
Included in other creditors are loans to Phoenix Industrial Training Limited -£12,403 ( a company connected to R Howarth), Phoenix Industrial Training Midlands Limited - £3,000 ( a company connected to D Clover), Blue Cucumber Tours Limited - £4,000 and Mrs S Clover - £5,000
9
Average number of employees
During the year the average number of employees was 5 (2022: 5).
- 6 -