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REGISTERED NUMBER: 11524376 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Phoenix and Co Properties Limited

Phoenix and Co Properties Limited (Registered number: 11524376)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Phoenix and Co Properties Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: C Saminada Chetty
Mrs K D Saminada Chetty





REGISTERED OFFICE: 76 Maryland Road
London
N22 5AN





REGISTERED NUMBER: 11524376 (England and Wales)





ACCOUNTANTS: SARM Accountants
Highland House
165 The Broadway
London
SW19 1NE

Phoenix and Co Properties Limited (Registered number: 11524376)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £   
CURRENT ASSETS
Stocks 169,373 160,168
Debtors 4 391 -
Cash at bank 75,237 89,850
245,001 250,018
CREDITORS
Amounts falling due within one year 5 79,873 84,899
NET CURRENT ASSETS 165,128 165,119
TOTAL ASSETS LESS CURRENT
LIABILITIES

165,128

165,119

CREDITORS
Amounts falling due after more than one
year

6

155,041

155,041
NET ASSETS 10,087 10,078

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9,987 9,978
SHAREHOLDERS' FUNDS 10,087 10,078

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by:



C Saminada Chetty - Director


Phoenix and Co Properties Limited (Registered number: 11524376)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Phoenix and Co Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other debtors 391 -

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Taxation and social security 411 712
Other creditors 79,462 84,187
79,873 84,899

Phoenix and Co Properties Limited (Registered number: 11524376)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans 155,041 155,041

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 155,041 155,041