Company Registration No. 10974001 (England and Wales)
PHOENIX DESIGN MANAGEMENT LTD
Unaudited accounts
for the year ended 31 March 2023
PHOENIX DESIGN MANAGEMENT LTD
Unaudited accounts
Contents
PHOENIX DESIGN MANAGEMENT LTD
Company Information
for the year ended 31 March 2023
Directors
Joanna Sloan
Steven Clements
Company Number
10974001 (England and Wales)
Registered Office
43 DUKE STREET
DARLINGTON
DL3 7RX
ENGLAND
Accountants
Fresh Business Solutions Limited
4 King Street
Spennymoor
Durham
DL16 6QG
PHOENIX DESIGN MANAGEMENT LTD
Statement of financial position
as at 31 March 2023
Tangible assets
1,450
1,382
Cash at bank and in hand
(9,987)
(8,988)
Creditors: amounts falling due within one year
(7,803)
(7,972)
Net current liabilities
(15,208)
(15,140)
Net liabilities
(13,758)
(13,758)
Called up share capital
10
10
Profit and loss account
(13,768)
(13,768)
Shareholders' funds
(13,758)
(13,758)
For the year ending 31 March 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 21 December 2023 and were signed on its behalf by
Steven Clements
Director
Company Registration No. 10974001
PHOENIX DESIGN MANAGEMENT LTD
Notes to the Accounts
for the year ended 31 March 2023
PHOENIX DESIGN MANAGEMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 10974001. The registered office is 43 DUKE STREET, DARLINGTON, DL3 7RX, 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:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
-
5,121
5,121
At 31 March 2023
516
5,590
6,106
At 1 April 2022
-
3,739
3,739
Charge for the year
39
878
917
At 31 March 2023
39
4,617
4,656
At 31 March 2023
477
973
1,450
At 31 March 2022
-
1,382
1,382
Amounts falling due within one year
PHOENIX DESIGN MANAGEMENT LTD
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
15,000
Taxes and social security
11,395
7,651
Loans from directors
(3,592)
(14,679)
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).