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REGISTERED NUMBER: 08823889 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

PHENIX CONSULTING LTD

PHENIX CONSULTING LTD (REGISTERED NUMBER: 08823889)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PHENIX CONSULTING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: C Williams





REGISTERED OFFICE: 2 Manor Farm Court
Old Wolverton Road
Milton Keynes
Buckinghamshire
MK12 5NN





REGISTERED NUMBER: 08823889 (England and Wales)





ACCOUNTANTS: Ad Valorem Accountancy Services Limited
Chartered Certified Accountants
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Buckinghamshire
MK12 5NN

PHENIX CONSULTING LTD (REGISTERED NUMBER: 08823889)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 3,346 2,516
3,346 2,516

CURRENT ASSETS
Debtors 6 181,581 123,625
Cash at bank 9,585 99,094
191,166 222,719
CREDITORS
Amounts falling due within one year 7 23,626 49,729
NET CURRENT ASSETS 167,540 172,990
TOTAL ASSETS LESS CURRENT
LIABILITIES

170,886

175,506

CREDITORS
Amounts falling due after more than one
year

8

(10,929

)

(16,962

)

PROVISIONS FOR LIABILITIES (720 ) (478 )
NET ASSETS 159,237 158,066

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 159,137 157,966
SHAREHOLDERS' FUNDS 159,237 158,066

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

PHENIX CONSULTING LTD (REGISTERED NUMBER: 08823889)

BALANCE SHEET - continued
31 JANUARY 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 October 2024 and were signed by:





C Williams - Director


PHENIX CONSULTING LTD (REGISTERED NUMBER: 08823889)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Phenix Consulting Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

INTANGIBLE ASSETS
Intangible assets are initially measure at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3. EMPLOYEES AND DIRECTORS

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

PHENIX CONSULTING LTD (REGISTERED NUMBER: 08823889)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£
COST
At 1 February 2023
and 31 January 2024 632
AMORTISATION
At 1 February 2023
and 31 January 2024 632
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£ £ £
COST
At 1 February 2023 6,800 3,252 10,052
Additions - 1,668 1,668
At 31 January 2024 6,800 4,920 11,720
DEPRECIATION
At 1 February 2023 4,754 2,782 7,536
Charge for year 512 326 838
At 31 January 2024 5,266 3,108 8,374
NET BOOK VALUE
At 31 January 2024 1,534 1,812 3,346
At 31 January 2023 2,046 470 2,516

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Other debtors 157,000 123,625
Directors' current accounts 24,581 -
181,581 123,625

PHENIX CONSULTING LTD (REGISTERED NUMBER: 08823889)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 6,034 5,885
Tax 16,308 31,879
Social security and other taxes (524 ) (2,300 )
VAT 272 12,137
Other creditors 323 186
Directors' current accounts - 932
Accruals and deferred income 1,213 1,010
23,626 49,729

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans 10,929 16,962

9. CALLED UP SHARE CAPITAL

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

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£ £
C Williams
Balance outstanding at start of year - -
Amounts advanced 31,625 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 31,625 -

11. RELATED PARTY DISCLOSURES

Included within other debtors is a loan to a company for which C Williams
is also a director, amounting to £47,000 (2022: £73,625).

Included within other debtors is a loan to a company for which C Williams
is also a director, amounting to £50,000 (2022: £50,000).

Included within other debtors is a loan to a company for which C Williams is
also a director, amounting to £60,000 (2022: £NIL).