1 September 2022 false No description of principal activity Taxfiler 2023.14 06199774business:PrivateLimitedCompanyLtd2022-09-012023-08-31 061997742022-08-31 061997742022-09-012023-08-31 06199774business:AuditExempt-NoAccountantsReport2022-09-012023-08-31 06199774business:FilletedAccounts2022-09-012023-08-31 061997742023-08-31 06199774business:Director12022-09-012023-08-31 06199774business:RegisteredOffice2022-09-012023-08-31 06199774core:WithinOneYear2023-08-31 06199774core:AfterOneYear2023-08-31 06199774core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 06199774core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 06199774core:PreviouslyStatedAmount2023-08-31 06199774business:SmallEntities2022-09-012023-08-31 06199774countries:EnglandWales2022-09-012023-08-31 06199774core:FurnitureFittings2022-09-012023-08-31 06199774core:FurnitureFittings2022-08-31 06199774core:FurnitureFittings2023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 06199774 (England and Wales)
Physkos Ltd Unaudited accounts for the year ended 31 August 2023
Physkos Ltd Unaudited accounts Contents
Page
- 2 -
Physkos Ltd Company Information for the year ended 31 August 2023
Director
Emre Bilgin
Company Number
06199774 (England and Wales)
Registered Office
42 Brook Street London Mayfair W1K 5DB England
Accountants
Ida & Co Accountants Ida&Co,Building 3 Chiswick Business Park 566 Chiswick High Road London W4 5YA
- 3 -
Physkos Ltd Statement of financial position as at 31 August 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
5,824 
Current assets
Debtors
11,510 
Cash at bank and in hand
14,008 
25,518 
Creditors: amounts falling due within one year
(162,873)
Net current liabilities
(137,355)
Total assets less current liabilities
(131,531)
Creditors: amounts falling due after more than one year
(31,155)
Provisions for liabilities
Deferred tax
(4,697)
Net liabilities
(167,383)
Capital and reserves
Called up share capital
(211,351)
Profit and loss account
43,968 
Shareholders' funds
(167,383)
For the year ending 31 August 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 14 March 2024 and were signed on its behalf by
Emre Bilgin Director Company Registration No. 06199774
- 4 -
Physkos Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Physkos Ltd is a private company, limited by shares, registered in England and Wales, registration number 06199774. The registered office is 42 Brook Street, London, Mayfair, W1K 5DB, 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 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:
Fixtures & fittings
%15
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 September 2022
41,960 
At 31 August 2023
41,960 
Depreciation
At 1 September 2022
36,136 
At 31 August 2023
36,136 
Net book value
At 31 August 2023
5,824 
5
Debtors
2023 
£ 
Amounts falling due within one year
Other debtors
11,510 
- 5 -
Physkos Ltd Notes to the Accounts for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023 
£ 
VAT
99,015 
Trade creditors
(1,900)
Taxes and social security
507 
Other creditors
7,550 
Loans from directors
57,701 
162,873 
7
Creditors: amounts falling due after more than one year
2023 
£ 
Bank loans
31,155 
8
Average number of employees
During the year the average number of employees was 2.
- 6 -