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Company Registration No. 13816658 (England and Wales)
PHYSTECH TECHNOLOGIES HOLDINGS LTD Filleted accounts for the year ended 31 December 2023
PHYSTECH TECHNOLOGIES HOLDINGS LTD Filleted accounts Contents
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PHYSTECH TECHNOLOGIES HOLDINGS LTD Company Information for the year ended 31 December 2023
Director
Iurii Komarov
Company Number
13816658 (England and Wales)
Registered Office
85 GREAT PORTLAND STREET LONDON W1W 7LT ENGLAND
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PHYSTECH TECHNOLOGIES HOLDINGS LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
1,347,954 
797,749 
Cash at bank and in hand
2,105 
569,898 
1,350,059 
1,367,647 
Creditors: amounts falling due within one year
(1,391,987)
(1,365,138)
Net current (liabilities)/assets
(41,928)
2,509 
Net (liabilities)/assets
(41,928)
2,509 
Capital and reserves
Called up share capital
10,000 
10,000 
Profit and loss account
(51,928)
(7,491)
Shareholders' funds
(41,928)
2,509 
For the year ending 31 December 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and authorised for issue on 27 September 2024 and were signed on its behalf by
Iurii Komarov Director Company Registration No. 13816658
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PHYSTECH TECHNOLOGIES HOLDINGS LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
PHYSTECH TECHNOLOGIES HOLDINGS LTD is a private company, limited by shares, registered in England and Wales, registration number 13816658. The registered office is 85 GREAT PORTLAND STREET, LONDON, W1W 7LT, ENGLAND.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
1,337,954 
787,749 
Other debtors
10,000 
10,000 
1,347,954 
797,749 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
1,391,987 
1,365,138 
Phystech technologies true Random AG Loan
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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