IRIS Accounts Production v24.1.0.578 05647776 director 1.2.23 31.1.24 31.1.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh056477762023-01-31056477762024-01-31056477762023-02-012024-01-31056477762022-01-31056477762022-02-012023-01-31056477762023-01-3105647776ns15:EnglandWales2023-02-012024-01-3105647776ns14:PoundSterling2023-02-012024-01-3105647776ns10:Director12023-02-012024-01-3105647776ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3105647776ns10:SmallEntities2023-02-012024-01-3105647776ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3105647776ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3105647776ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3105647776ns10:FullAccounts2023-02-012024-01-3105647776ns10:RegisteredOffice2023-02-012024-01-3105647776ns5:CurrentFinancialInstruments2024-01-3105647776ns5:CurrentFinancialInstruments2023-01-3105647776ns5:ShareCapital2024-01-3105647776ns5:ShareCapital2023-01-3105647776ns5:RetainedEarningsAccumulatedLosses2024-01-3105647776ns5:RetainedEarningsAccumulatedLosses2023-01-3105647776ns5:PlantMachinery2023-01-3105647776ns5:PlantMachinery2023-02-012024-01-3105647776ns5:PlantMachinery2024-01-3105647776ns5:PlantMachinery2023-01-3105647776ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3105647776ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-31
REGISTERED NUMBER: 05647776 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

PHOENIX FILTRATION LIMITED

PHOENIX FILTRATION LIMITED (REGISTERED NUMBER: 05647776)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PHOENIX FILTRATION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: A S Cordingley





REGISTERED OFFICE: Lockfast Buildings
Audley Street
Ashton under Lyne
Lancashire
OL5 9HW





REGISTERED NUMBER: 05647776 (England and Wales)






PHOENIX FILTRATION LIMITED (REGISTERED NUMBER: 05647776)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,855 6,152

CURRENT ASSETS
Debtors 5 8,800 300
Cash at bank 22,435 38,897
31,235 39,197
CREDITORS
Amounts falling due within one year 6 32,463 53,118
NET CURRENT LIABILITIES (1,228 ) (13,921 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,627

(7,769

)

CAPITAL AND RESERVES
Called up share capital 400 400
Retained earnings 12,227 (8,169 )
SHAREHOLDERS' FUNDS 12,627 (7,769 )

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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 October 2024 and were signed by:





A S Cordingley - Director


PHOENIX FILTRATION LIMITED (REGISTERED NUMBER: 05647776)

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

1. STATUTORY INFORMATION

Phoenix Filtration Limited 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.

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 represents the value of services and work done, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles - 25% reducing balance basis
Fixtures & fittings etc - 25% on cost

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

PHOENIX FILTRATION LIMITED (REGISTERED NUMBER: 05647776)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 34,933
Additions 12,000
At 31 January 2024 46,933
DEPRECIATION
At 1 February 2023 28,781
Charge for year 4,297
At 31 January 2024 33,078
NET BOOK VALUE
At 31 January 2024 13,855
At 31 January 2023 6,152

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 7,834 300
Other debtors 966 -
8,800 300

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 2,451 1,836
Other creditors 30,012 51,282
32,463 53,118