Company Registration No. 12852716 (England and Wales)
PHOENIX'S PROPERTIES LTD
Unaudited accounts
for the year ended 30 September 2023
PHOENIX'S PROPERTIES LTD
Unaudited accounts
Contents
PHOENIX'S PROPERTIES LTD
Company Information
for the year ended 30 September 2023
Director
Mr Kevin Damian Barratt
Company Number
12852716 (England and Wales)
Registered Office
116 STOCKPORT ROAD
MOSSLEY
OL5 0RF
ENGLAND
Accountants
Adam Booth
14 Kings Road
Shaw
OLDHAM
Lancashire
OL2 7BJ
PHOENIX'S PROPERTIES LTD
Statement of financial position
as at 30 September 2023
Investment property
253,541
253,541
Creditors: amounts falling due within one year
(87,902)
(82,422)
Net current liabilities
(87,902)
(82,244)
Total assets less current liabilities
165,639
171,297
Creditors: amounts falling due after more than one year
(174,392)
(177,962)
Net liabilities
(8,753)
(6,665)
Called up share capital
100
100
Profit and loss account
(8,853)
(6,765)
Shareholders' funds
(8,753)
(6,665)
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 1 March 2024 and were signed on its behalf by
Mr Kevin Damian Barratt
Director
Company Registration No. 12852716
PHOENIX'S PROPERTIES LTD
Notes to the Accounts
for the year ended 30 September 2023
PHOENIX'S PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 12852716. The registered office is 116 STOCKPORT ROAD, MOSSLEY, OL5 0RF, 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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 October 2022
253,541
At 30 September 2023
253,541
Amounts falling due within one year
Accrued income and prepayments
-
178
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
252
252
Loans from directors
85,821
81,119
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
174,392
177,962
PHOENIX'S PROPERTIES LTD
Notes to the Accounts
for the year ended 30 September 2023
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).