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
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
PHOENIX NATURAL BEAUTY LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
7,544
13,106
Cash at bank and in hand
20,219
13,891
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)
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
PHOENIX NATURAL BEAUTY LIMITED
Notes to the Accounts
for the year ended 31 March 2024
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.
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:
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
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
At 31 March 2024
3,963
3,171
410
7,544
At 31 March 2023
5,944
6,343
819
13,106
Amounts falling due within one year
Accrued income and prepayments
1,825
1,825
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
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
64,032
59,710
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).