Company Registration No. 09802430 (England and Wales)
PHANTOM PROTECTION LTD
Unaudited accounts
for the year ended 29 September 2023
PHANTOM PROTECTION LTD
Unaudited accounts
Contents
PHANTOM PROTECTION LTD
Company Information
for the year ended 29 September 2023
Director
Stanislav STOYANOV
Company Number
09802430 (England and Wales)
Registered Office
2 HUGHAN ROAD
LONDON
E15 1LS
ENGLAND
PHANTOM PROTECTION LTD
Statement of financial position
as at 29 September 2023
Tangible assets
26,434
28,283
Cash at bank and in hand
1,019
1,197
Creditors: amounts falling due within one year
(16,656)
(20,340)
Net current liabilities
(15,637)
(14,809)
Total assets less current liabilities
10,797
13,474
Creditors: amounts falling due after more than one year
(10,627)
(13,355)
Called up share capital
100
100
Profit and loss account
70
19
Shareholders' funds
170
119
For the year ending 29 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 12 March 2024 and were signed on its behalf by
Stanislav STOYANOV
Director
Company Registration No. 09802430
PHANTOM PROTECTION LTD
Notes to the Accounts
for the year ended 29 September 2023
PHANTOM PROTECTION LTD is a private company, limited by shares, registered in England and Wales, registration number 09802430. The registered office is 2 HUGHAN ROAD, LONDON, E15 1LS, 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:
Other tangible fixed assets
18%
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 30 September 2022
36,600
3,043
39,643
At 29 September 2023
36,600
3,043
39,643
At 30 September 2022
9,583
1,777
11,360
Charge for the year
1,621
228
1,849
At 29 September 2023
11,204
2,005
13,209
At 29 September 2023
25,396
1,038
26,434
At 29 September 2022
27,017
1,266
28,283
PHANTOM PROTECTION LTD
Notes to the Accounts
for the year ended 29 September 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,364
14,188
Taxes and social security
716
354
Other creditors
2,577
5,800
Loans from directors
2,999
-
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
10,627
13,355
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).