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Company Registration No. 11834038 (England and Wales)
Phoenix Property International Ltd Unaudited accounts for the period from 1 March 2023 to 28 February 2024
Phoenix Property International Ltd Unaudited accounts Contents
Page
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Phoenix Property International Ltd Company Information for the period from 1 March 2023 to 28 February 2024
Directors
Yufeng LIU Matthew JOHNSON
Company Number
11834038 (England and Wales)
Registered Office
OFFICE 3 4A NELSON ROAD LONDON SE10 9JB ENGLAND
Accountants
Fortune UK Accountants Ltd 4a Nelson Road London GB SE10 9JB
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Phoenix Property International Ltd Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
- 
28,728 
Cash at bank and in hand
260,072 
95,051 
260,072 
123,779 
Creditors: amounts falling due within one year
(171,745)
(71,808)
Net current assets
88,327 
51,971 
Net assets
88,327 
51,971 
Capital and reserves
Called up share capital
9 
9 
Profit and loss account
88,318 
51,962 
Shareholders' funds
88,327 
51,971 
For the period ending 28 February 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 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 of Directors and authorised for issue on 23 October 2023 and were signed on its behalf by
Yufeng LIU Director Company Registration No. 11834038
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Phoenix Property International Ltd Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
Phoenix Property International Ltd is a private company, limited by shares, registered in England and Wales, registration number 11834038. The registered office is OFFICE 3 4A NELSON ROAD, LONDON, SE10 9JB, ENGLAND.
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 period, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
28,728 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
21,260 
1,344 
Trade creditors
56,773 
- 
Taxes and social security
21,997 
19,164 
Proposed dividends
40,000 
50,000 
Other creditors
783 
- 
Loans from directors
29,132 
- 
Accruals
1,800 
1,300 
171,745 
71,808 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
9 Ordinary shares of £1 each
9 
9 
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Phoenix Property International Ltd Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
7
Average number of employees
During the period the average number of employees was 2 (2023: 2).
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