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Company Registration No. 11621533 (England and Wales)
PHOENIX TECHNOLOGICAL SOLUTIONS LIMITED Unaudited accounts for the year ended 31 October 2023
PHOENIX TECHNOLOGICAL SOLUTIONS LIMITED Unaudited accounts Contents
Page
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PHOENIX TECHNOLOGICAL SOLUTIONS LIMITED Company Information for the year ended 31 October 2023
Director
Mr Zibusiso Dewa
Company Number
11621533 (England and Wales)
Registered Office
129 WESTWICK ROAD BILBOROUGH NOTTINGHAM NG8 4HB ENGLAND
Accountants
M Aslam Accountants 259 Mansfield Road Nottingham NG1 3FT
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PHOENIX TECHNOLOGICAL SOLUTIONS LIMITED Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
350 
350 
Current assets
Cash at bank and in hand
76 
1,610 
Creditors: amounts falling due within one year
(3,685)
(2,861)
Net current liabilities
(3,609)
(1,251)
Total assets less current liabilities
(3,259)
(901)
Creditors: amounts falling due after more than one year
(15,707)
(17,268)
Net liabilities
(18,966)
(18,169)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(18,967)
(18,170)
Shareholders' funds
(18,966)
(18,169)
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 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 30 July 2024 and were signed on its behalf by
Mr Zibusiso Dewa Director Company Registration No. 11621533
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PHOENIX TECHNOLOGICAL SOLUTIONS LIMITED Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
PHOENIX TECHNOLOGICAL SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11621533. The registered office is 129 WESTWICK ROAD, BILBOROUGH, NOTTINGHAM, NG8 4HB, 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 remained unchanged from the previous year, and also 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:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2022
500 
At 31 October 2023
500 
Depreciation
At 1 November 2022
150 
At 31 October 2023
150 
Net book value
At 31 October 2023
350 
At 31 October 2022
350 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
216 
288 
Loans from directors
3,469 
2,573 
3,685 
2,861 
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PHOENIX TECHNOLOGICAL SOLUTIONS LIMITED Notes to the Accounts for the year ended 31 October 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
15,707 
17,268 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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