Company Registration No. 11602449 (England and Wales)
PHASE 2 GROWTH LTD
Unaudited accounts
for the year ended 31 October 2023
PHASE 2 GROWTH LTD
Annual report and unaudited accounts
for the year ended 31 October 2023
PHASE 2 GROWTH LTD
Company Information
for the year ended 31 October 2023
Company Number
11602449 (England and Wales)
Registered Office
128 CITY ROAD
LONDON
EC1V 2NX
UNITED KINGDOM
Accountants
Smart Accounting & Finance Services LLP
128 City Road
London
EC1V 2NX
PHASE 2 GROWTH LTD
Statement of Financial Position
as at 31 October 2023
Current assets
119,260
119,414
Prepayments and accrued income
14,400
-
Creditors: amounts falling due within one year
(117,465)
(99,961)
Net current assets
16,195
19,453
Total assets less current liabilities
16,869
20,611
Creditors: amounts falling due after more than one year
(48,920)
(49,233)
Accruals and deferred income
(15,180)
-
Net liabilities
(47,231)
(28,622)
Capital and reserves
(47,231)
(28,622)
PHASE 2 GROWTH LTD is a private company, limited by shares, registered in England and Wales, registration number 11602449. The registered office is 128 CITY ROAD, LONDON, EC1V 2NX, UNITED KINGDOM.
2 Director's advances, credit and guarantees
During the year, advances of £58,561.79 were given to and repayments of £36,149 were made by Mr Zissman.
Advances given to directors are repayable on demand, and interest is charged at the prescribed HMRC beneficial loan interest rates.
3 Average number of employees
During the year the average number of employees was 2 (2022: 2).
PHASE 2 GROWTH LTD
Statement of Financial Position
as at 31 October 2023 (continued)
For the year ending 31 October 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 15 July 2024
Elliot Zissman
Director
Company Registration No. 11602449