IRIS Accounts Production v24.1.0.578 03602272 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh036022722022-12-31036022722023-12-31036022722023-01-012023-12-31036022722021-12-31036022722022-01-012022-12-31036022722022-12-3103602272ns15:EnglandWales2023-01-012023-12-3103602272ns14:PoundSterling2023-01-012023-12-3103602272ns10:Director12023-01-012023-12-3103602272ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3103602272ns10:SmallEntities2023-01-012023-12-3103602272ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3103602272ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3103602272ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3103602272ns10:FullAccounts2023-01-012023-12-3103602272ns10:Director22023-01-012023-12-3103602272ns10:CompanySecretary12023-01-012023-12-3103602272ns10:RegisteredOffice2023-01-012023-12-3103602272ns5:CurrentFinancialInstruments2023-12-3103602272ns5:CurrentFinancialInstruments2022-12-3103602272ns5:ShareCapital2023-12-3103602272ns5:ShareCapital2022-12-3103602272ns5:RetainedEarningsAccumulatedLosses2023-12-3103602272ns5:RetainedEarningsAccumulatedLosses2022-12-31
REGISTERED NUMBER: 03602272 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

PHRONESIS LIMITED

PHRONESIS LIMITED (REGISTERED NUMBER: 03602272)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


PHRONESIS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: S Court
Mrs J Court





SECRETARY: Mrs J Court





REGISTERED OFFICE: Ground Floor
Oakhurst House
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS





REGISTERED NUMBER: 03602272 (England and Wales)





ACCOUNTANTS: Wells Associates
Ground Floor Oakhurst House
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS

PHRONESIS LIMITED (REGISTERED NUMBER: 03602272)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 57,242 71,528
Cash at bank 40,659 27,130
97,901 98,658
CREDITORS
Amounts falling due within one year 5 (826 ) (826 )
NET CURRENT ASSETS 97,075 97,832
TOTAL ASSETS LESS CURRENT
LIABILITIES

97,075

97,832

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 96,975 97,732
SHAREHOLDERS' FUNDS 97,075 97,832

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 25 July 2024 and were signed on its behalf by:





Mrs J Court - Director


PHRONESIS LIMITED (REGISTERED NUMBER: 03602272)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Phronesis 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.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 57,242 71,528

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Directors' current accounts 137 137
Accrued expenses 689 689
826 826