Registered number: 08386846

Phw It Services Limited
Unaudited Financial Statements
for the period ended 31 March 2024

Statement of Financial Position

as at 31 March 2024

  2024
2023
   
££
 
££
Called up share capital not paid  
  -  
 
  -  
Fixed assets  
  -  
 
  1,215  
Current assets  
42,296    
 
111,798    
Prepayments and accrued income  
-    
 
-    
Creditors: amounts falling due within one year  
( 16,889 )  
 
( 60,638 )  
Net current assets (liabilities)  
  25,407  
 
  51,160  
Total assets less current liabilities  
  25,407  
 
  52,375  
Creditors: amounts falling due after more than one year  
  -  
 
  -  
Provisions for liabilities  
  -  
 
  -  
Accruals and deferred income  
  ( 407 )
 
  -  
Net assets  
  25,000  
 
  52,375  
   
Capital and reserves  
  25,000  
 
  52,375  

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Footnotes to the Statement of Financial Position

Peter Walls

1. Arrangements not included in Statement of Financial Position

The company has not entered into any arrangements not shown on the Statement of Financial Position.

2. Average number of employees

The average number of employees in the period was 1.

3. Directors’ benefits: advances, credit and guarantees

Peter Walls

Included in creditors is an amount due to be paid by the company to one of its directors. The amount is an advance made to the company of £11,889 by Peter Walls, a director of the company, on 01/03/2023.

During the accounting period the maximum amount repayable to Peter Walls was £51,289

The following conditions are attached to amount payable to Peter Walls:

  • There is no interest due to be paid on any outstanding amount
  • No fixed date has been set for the amount to be repaid by the company.
Opening balance 01/03/2023 Additional advance Amount repaid Amount written off Amounts waived Interest payable Closing balance 31/03/2024
£ £ £ £ £ £ £
51,260   ( 61,956 )
( 61,956 )
22,585
22,585  
0 0 0 11,889  

4. Guarantees, contingencies and other financial commitments

There are no guarantees, contingencies or other commitments not included in the financial statements.

5. Going Concern

The company ceased to trade during the period and the accounts have been prepared on a break-up basis.

Statutory Statements

In accordance with section 414(3) of the Companies Act 2006, these accounts have been prepared in accordance with the FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime for periods commencing on or after 1 January 2016. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

For the period ending 31/03/2024 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 Companies Act 2006 with respect to accounting records and the preparation of accounts

Company information

a) The company is registered in England and Wales

b) Company registration number - 08386846

c) The company is a private company and is limited by shares

d) The companies registered office address is W8a Knoll Business Centre 325-327 Old Shoreham Road, Hove, BN3 7GS, England

e) Company ceased to trade on 31/03/2024



Approved by the board of directors and signed on behalf of the board,

Phw It Services Limited
Director Peter Walls
Date of approval: 16/10/2024
The company was trading for the entire period 2023-03-01 2024-03-31 2024-03-31 IT Consultancy 2024-10-16 2024-10-16