PHOENIX PRESS SALE LIMITED

Company Registration Number:
07099982 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

PHOENIX PRESS SALE LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

PHOENIX PRESS SALE LIMITED

Company Information

for the Period Ended 31 May 2023




Director: P J Smith
A N Jones
Registered office: 31a
School Road
Sale
England
M33 7YE
Company Registration Number: 07099982 (England and Wales)

PHOENIX PRESS SALE LIMITED

Balance sheet

As at 31 May 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 10,500 12,000
Tangible assets: 5 13,785 17,396
Total fixed assets: 24,285 29,396
Current assets
Stocks: 2,025 1,775
Debtors: 23,897 23,600
Cash at bank and in hand: 9,122 5,834
Total current assets: 35,044 31,209
Creditors: amounts falling due within one year: ( 52,323 ) ( 47,684 )
Net current assets (liabilities): ( 17,279 ) ( 16,475 )
Total assets less current liabilities: 7,006 12,921
Creditors: amounts falling due after more than one year: ( 3,622 ) ( 9,223 )
Provision for liabilities: ( 2,619 ) ( 3,305 )
Total net assets (liabilities): 765 393

The notes form part of these financial statements

PHOENIX PRESS SALE LIMITED

Balance sheet continued

As at 31 May 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 103 103
Profit and loss account: 662 290
Shareholders funds: 765 393

For the year ending 31 May 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 15 January 2024
And Signed On Behalf Of The Board By:

Name: P J Smith
Status: Director

The notes form part of these financial statements

PHOENIX PRESS SALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 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

PHOENIX PRESS SALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 3 3

PHOENIX PRESS SALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

PHOENIX PRESS SALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 4. Intangible assets

    Total
    Cost £
    At 01 June 2022 30,000
    Additions -
    Disposals -
    Revaluations -
    Transfers -
    At 31 May 2023 30,000
    Amortisation
    Amortisation at 01 June 2022 18,000
    Charge for year 1,500
    On disposals -
    Other adjustments -
    Amortisation at 31 May 2023 19,500
    Net book value
    Net book value at 31 May 2023 10,500
    Net book value at 31 May 2022 12,000

PHOENIX PRESS SALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Tangible Assets

Total
Cost £
At 01 June 2022 66,613
Additions 984
Disposals -
Revaluations -
Transfers -
At 31 May 2023 67,597
Depreciation
At 01 June 2022 49,217
Charge for year 4,595
On disposals -
Other adjustments -
At 31 May 2023 53,812
Net book value
At 31 May 2023 13,785
At 31 May 2022 17,396