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REGISTERED NUMBER: 07094584 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Phoenix (SW) Limited

Phoenix (SW) Limited (Registered number: 07094584)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Phoenix (SW) Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr T A Greenwood
Mrs E Lightfoot





REGISTERED OFFICE: 105 Bailbrook Lane
Bath
BA1 7AL





REGISTERED NUMBER: 07094584 (England and Wales)





ACCOUNTANTS: St Martins Accountants Limited
44 Stoke Lane
Westbury on Trym
Bristol
BS9 3DN

Phoenix (SW) Limited (Registered number: 07094584)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,059 7,115

CURRENT ASSETS
Debtors 5 119,922 134,701
Cash at bank 63,221 33,421
183,143 168,122
CREDITORS
Amounts falling due within one year 6 126,952 110,959
NET CURRENT ASSETS 56,191 57,163
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,250

64,278

CREDITORS
Amounts falling due after more than
one year

7

(9,500

)

(15,500

)

PROVISIONS FOR LIABILITIES (1,515 ) (1,352 )
NET ASSETS 51,235 47,426

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 51,233 47,424
SHAREHOLDERS' FUNDS 51,235 47,426

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.

Phoenix (SW) Limited (Registered number: 07094584)

Balance Sheet - continued
31 December 2023


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 12 July 2024 and were signed on its behalf by:




Mr T A Greenwood - Director



Mrs E Lightfoot - Director


Phoenix (SW) Limited (Registered number: 07094584)

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

1. STATUTORY INFORMATION

Phoenix (SW) 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 48 (2022 - 56 ) .

Phoenix (SW) Limited (Registered number: 07094584)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 13,712
Additions 2,934
At 31 December 2023 16,646
DEPRECIATION
At 1 January 2023 6,597
Charge for year 3,990
At 31 December 2023 10,587
NET BOOK VALUE
At 31 December 2023 6,059
At 31 December 2022 7,115

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 111,391 126,505
Other debtors 8,531 8,196
119,922 134,701

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 6,000 6,000
Taxation and social security 65,431 46,549
Other creditors 55,521 58,410
126,952 110,959

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors 9,500 15,500

Phoenix (SW) Limited (Registered number: 07094584)

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

8. RELATED PARTY DISCLOSURES

During the year Mr T Greenwood provided a loan to the company. At the balance sheet date the amount due to Mr T Greenwood was £648 (2022: £1,205). The loan is included within other creditors.

During the year Mrs E Lightfoot provided a loan to the company. At the balance sheet date the amount due to Mrs E Lightfoot was £647 (2022: £1,205). The loan is included within other creditors.

9. ULTIMATE CONTROLLING PARTY

Mr T Greenwood and Mrs E Lightfoot both control the Company.