Phormular Limited 07402866 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is the creation and retailing of modular display systems Digita Accounts Production Advanced 6.30.9574.0 true 07402866 2023-04-01 2024-03-31 07402866 2024-03-31 07402866 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 07402866 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 07402866 1 2024-03-31 07402866 bus:Micro-entities 2023-04-01 2024-03-31 07402866 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 07402866 bus:FilletedAccounts 2023-04-01 2024-03-31 07402866 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07402866 bus:RegisteredOffice 2023-04-01 2024-03-31 07402866 bus:Director1 2023-04-01 2024-03-31 07402866 bus:Director2 2023-04-01 2024-03-31 07402866 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07402866 countries:England 2023-04-01 2024-03-31 07402866 1 2023-04-01 2024-03-31 07402866 1 2023-03-31 07402866 2022-04-01 2023-03-31 07402866 2023-03-31 07402866 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 07402866 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 07402866 1 2023-03-31 07402866 1 2022-04-01 2023-03-31 07402866 1 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 07402866

Phormular Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Phormular Limited

Contents

Company Information

1

Balance Sheet

2 to 4

Notes to the Financial Statements

3

 

Phormular Limited

Company Information

Directors

Philip Julian Lurcock

Philippa Lurcock

Registered office

Unit 1, Rectory Place
37 Old Parsonage Lane
Hoton
Loughborough
Leicestershire
LE12 5SG

Accountants

Farrars Limited
Chartered Accountants
Unit 1, Rectory Place
37 Old Parsonage Lane
Hoton
Loughborough
Leicestershire
LE12 5SG

 

Phormular Limited

(Registration number: 07402866)
Balance Sheet as at 31 March 2024

2024
£

2023
£

Fixed assets

6,612

6,101

Current assets

188,099

181,794

Prepayments and accrued income

6,687

16,553

Creditors: Amounts falling due within one year

(168,048)

(178,896)

Net current assets

26,738

19,451

Total assets less current liabilities

33,350

25,552

Creditors: Amounts falling due after more than one year

(34,545)

(37,828)

Accruals and deferred income

(30,444)

(1,538)

 

(31,639)

(13,814)

Capital and reserves

(31,639)

(13,814)

 

Phormular Limited

(Registration number: 07402866)
Balance Sheet as at 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Unit 1, Rectory Place
37 Old Parsonage Lane
Hoton
Loughborough
Leicestershire
LE12 5SG
England

These financial statements were authorised for issue by the Board on 20 November 2024.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 4).

3

Related party transactions

Transactions with directors

2024

At 1 April 2023
£

Advances to director
£

Repayments by director
£

At 31 March 2024
£

Loan charged at official rate of interest with no fixed repayment date

99,817

29,239

(59,712)

69,344

 

2023

At 1 April 2022
£

Advances to director
£

Repayments by director
£

At 31 March 2023
£

Loan charged at official rate of interest with no fixed repayment date

44,301

60,419

(4,903)

99,817

 

Phormular Limited

(Registration number: 07402866)
Balance Sheet as at 31 March 2024

 

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 November 2024 and signed on its behalf by:
 

.........................................
Philip Julian Lurcock
Director