Company Registration No. 12316889 (England and Wales)
Phoenix Eyecare Ltd
Unaudited accounts
for the year ended 30 November 2023
Phoenix Eyecare Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
14,803
2,669
Cash at bank and in hand
627,832
441,479
Creditors: amounts falling due within one year
(60,094)
(58,240)
Net current assets
567,738
383,239
Net assets
582,541
385,908
Called up share capital
200
20
Profit and loss account
582,341
385,888
Shareholders' funds
582,541
385,908
For the year ending 30 November 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 25 March 2024 and were signed on its behalf by
Mrs Roohi Manzoor Khan
Director
Company Registration No. 12316889
Phoenix Eyecare Ltd
Notes to the Accounts
for the year ended 30 November 2023
Phoenix Eyecare Ltd is a private company, limited by shares, registered in England and Wales, registration number 12316889. The registered office is 11 Whitebridge Close, Newcastle Upon Tyne, United Kingdom, NE3 2DN.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
25% on cost
Computer equipment
25% on cost
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Total
At 30 November 2023
20,626
At 30 November 2023
14,803
Phoenix Eyecare Ltd
Notes to the Accounts
for the year ended 30 November 2023
5
Average number of employees
During the year the average number of employees was 0 (2022: 0).