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REGISTERED NUMBER: 12070608 (England and Wales)


Financial Statements for the Year Ended 30 June 2024

for

AG Phoenix Ltd

AG Phoenix Ltd (Registered number: 12070608)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


AG Phoenix Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mr Jamie Kamani





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 12070608 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

AG Phoenix Ltd (Registered number: 12070608)

Statement of Financial Position
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,873 1,272

CURRENT ASSETS
Cash at bank and in hand 20,387 3,981

CREDITORS
Amounts falling due within one year 5 9,236 4,626
NET CURRENT ASSETS/(LIABILITIES) 11,151 (645 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,024

627

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings 13,023 626
SHAREHOLDERS' FUNDS 13,024 627

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 8 November 2024 and were signed by:



Mr Jamie Kamani - Director


AG Phoenix Ltd (Registered number: 12070608)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

AG Phoenix 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 1,696
Additions 1,225
At 30 June 2024 2,921
DEPRECIATION
At 1 July 2023 424
Charge for year 624
At 30 June 2024 1,048
NET BOOK VALUE
At 30 June 2024 1,873
At 30 June 2023 1,272

AG Phoenix Ltd (Registered number: 12070608)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors - 1,156
Taxation and social security 8,572 3,364
Other creditors 664 106
9,236 4,626

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
1 Ordinary £1 1 1