1 April 2022 false No description of principal activity Taxfiler 2023.11.1 10974001business:PrivateLimitedCompanyLtd2022-04-012023-03-31 109740012022-03-31 109740012022-04-012023-03-31 10974001business:AuditExemptWithAccountantsReport2022-04-012023-03-31 10974001business:FilletedAccounts2022-04-012023-03-31 109740012023-03-31 10974001business:Director12022-04-012023-03-31 10974001business:Director22022-04-012023-03-31 10974001business:RegisteredOffice2022-04-012023-03-31 109740012022-03-31 10974001core:WithinOneYear2023-03-31 10974001core:WithinOneYear2022-03-31 10974001core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 10974001core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 10974001core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 10974001core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 10974001core:PreviouslyStatedAmount2023-03-31 10974001core:PreviouslyStatedAmount2022-03-31 10974001business:SmallEntities2022-04-012023-03-31 10974001countries:EnglandWales2022-04-012023-03-31 10974001core:ComputerEquipment2022-04-012023-03-31 10974001core:FurnitureFittings2022-03-31 10974001core:ComputerEquipment2022-03-31 10974001core:FurnitureFittings2022-04-012023-03-31 10974001core:FurnitureFittings2023-03-31 10974001core:ComputerEquipment2023-03-31 109740012021-04-012022-03-31 iso4217:GBP xbrli:pure
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
Page
- 2 -
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
- 3 -
PHOENIX DESIGN MANAGEMENT LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,450 
1,382 
Current assets
Debtors
2,582 
1,820 
Cash at bank and in hand
(9,987)
(8,988)
(7,405)
(7,168)
Creditors: amounts falling due within one year
(7,803)
(7,972)
Net current liabilities
(15,208)
(15,140)
Net liabilities
(13,758)
(13,758)
Capital and reserves
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
- 4 -
PHOENIX DESIGN MANAGEMENT LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
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.
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% SL
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
- 
5,121 
5,121 
Additions
516 
469 
985 
At 31 March 2023
516 
5,590 
6,106 
Depreciation
At 1 April 2022
- 
3,739 
3,739 
Charge for the year
39 
878 
917 
At 31 March 2023
39 
4,617 
4,656 
Net book value
At 31 March 2023
477 
973 
1,450 
At 31 March 2022
- 
1,382 
1,382 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,582 
1,820 
- 5 -
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)
7,803 
7,972 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -