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Company Registration No. 03945054 (England and Wales)
PHOENIX NATURAL BEAUTY LIMITED Unaudited accounts for the year ended 31 March 2024
PHOENIX NATURAL BEAUTY LIMITED Unaudited accounts Contents
Page
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PHOENIX NATURAL BEAUTY LIMITED Company Information for the year ended 31 March 2024
Director
Mrs Christiana Desola Bola Oshijo Ladipo
Company Number
03945054 (England and Wales)
Registered Office
230 Kennington Park Road Kennington London ENGLAND SE11 4DA
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PHOENIX NATURAL BEAUTY LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,544 
13,106 
Current assets
Inventories
59,600 
56,318 
Debtors
1,825 
1,825 
Cash at bank and in hand
20,219 
13,891 
81,644 
72,034 
Creditors: amounts falling due within one year
(7,672)
(6,653)
Net current assets
73,972 
65,381 
Total assets less current liabilities
81,516 
78,487 
Creditors: amounts falling due after more than one year
(71,687)
(71,157)
Net assets
9,829 
7,330 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
9,827 
7,328 
Shareholders' funds
9,829 
7,330 
For the year ending 31 March 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 director acknowledges her 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 22 October 2024 and were signed on its behalf by
Mrs Christiana Desola Bola Oshijo Ladipo Director Company Registration No. 03945054
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PHOENIX NATURAL BEAUTY LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
PHOENIX NATURAL BEAUTY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03945054. The registered office is 230 Kennington Park Road, Kennington, London, ENGLAND, SE11 4DA.
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.
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:
Plant & machinery
15%
Fixtures & fittings
15%
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
67,944 
33,251 
2,163 
103,358 
At 31 March 2024
67,944 
33,251 
2,163 
103,358 
Depreciation
At 1 April 2023
62,000 
26,908 
1,344 
90,252 
Charge for the year
1,981 
3,172 
409 
5,562 
At 31 March 2024
63,981 
30,080 
1,753 
95,814 
Net book value
At 31 March 2024
3,963 
3,171 
410 
7,544 
At 31 March 2023
5,944 
6,343 
819 
13,106 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,825 
1,825 
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PHOENIX NATURAL BEAUTY LIMITED Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,031 
5,268 
Taxes and social security
1,891 
635 
Accruals
750 
750 
7,672 
6,653 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,655 
11,447 
Other creditors
64,032 
59,710 
71,687 
71,157 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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