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REGISTERED NUMBER: 03910609 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

FOR

PHOENIX ANALYTICAL SERVICES LIMITED

PHOENIX ANALYTICAL SERVICES LIMITED (REGISTERED NUMBER: 03910609)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PHOENIX ANALYTICAL SERVICES LIMITED

COMPANY INFORMATION
for the Year Ended 31st March 2024







DIRECTORS: Mr I P Dale
Mrs J S Dale





SECRETARY: Mrs J S Dale





REGISTERED OFFICE: Dean Hill Farm
Newcastle Road
Betchton
Sandbach
Cheshire
CW11 2TG





REGISTERED NUMBER: 03910609 (England and Wales)





ACCOUNTANTS: Xeinadin
100 Barbirolli Square
Manchester
M2 3BD

PHOENIX ANALYTICAL SERVICES LIMITED (REGISTERED NUMBER: 03910609)

BALANCE SHEET
31st March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 5,300 6,966

CURRENT ASSETS
Stocks 2,500 2,500
Debtors 5 34,713 25,328
Cash at bank 55,415 86,697
92,628 114,525
CREDITORS
Amounts falling due within one year 6 (57,737 ) (56,288 )
NET CURRENT ASSETS 34,891 58,237
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,191

65,203

PROVISIONS FOR LIABILITIES (1,325 ) (1,742 )
NET ASSETS 38,866 63,461

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 38,766 63,361
SHAREHOLDERS' FUNDS 38,866 63,461

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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 Profit and Loss Account has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 27th August 2024 and were signed on its behalf by:





Mr I P Dale - Director


PHOENIX ANALYTICAL SERVICES LIMITED (REGISTERED NUMBER: 03910609)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2024


1. STATUTORY INFORMATION

Phoenix Analytical Services Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 03910609. The registered office and principal place of business is Dean Hill Farm Newcastle Road, Betchton, Sandbach, Cheshire, CW11 2TG.

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 as the fair value of the consideration received or receivable, excluding value added tax.

Turnover principally consists of income received by raising of horses and other equines and repairs of electronic and optical equipment.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation on tangible fixed assets is charged to the profit and loss so as to write off their value, over their
estimated useful lives, using the following methods:

Plant and machinery -25% on reducing balance
Fixtures & fittings-25% on reducing balance
Computer equipment-33% on cost

At each balance sheet date, the Company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, 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.


PHOENIX ANALYTICAL SERVICES LIMITED (REGISTERED NUMBER: 03910609)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024


2. ACCOUNTING POLICIES - continued
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.

Trade and other debtors
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Trade and other creditors
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1st April 2023 30,327 30,324 60,651
Additions 100 - 100
At 31st March 2024 30,427 30,324 60,751
DEPRECIATION
At 1st April 2023 24,667 29,018 53,685
Charge for year 1,440 326 1,766
At 31st March 2024 26,107 29,344 55,451
NET BOOK VALUE
At 31st March 2024 4,320 980 5,300
At 31st March 2023 5,660 1,306 6,966

PHOENIX ANALYTICAL SERVICES LIMITED (REGISTERED NUMBER: 03910609)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 34,713 25,328

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 8,121 1,923
Taxation and social security 21,632 16,268
Other creditors 27,984 38,097
57,737 56,288

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100