Company Registration No. 03763379 (England and Wales)
Phoenix Property Maintenance U.K. Limited
Unaudited accounts
for the year ended 31 May 2024
Phoenix Property Maintenance U.K. Limited
Unaudited accounts
Contents
Phoenix Property Maintenance U.K. Limited
Company Information
for the year ended 31 May 2024
Company Number
03763379 (England and Wales)
Registered Office
321 Main Street
Calverton
Nottingham
Nottinghamshire
NG14 6LT
United Kingdom
Accountants
Add-itions Accountancy Solutions Ltd
321 Main Street
Calverton
Nottingham
Nottinghamshire
NG14 6LT
Phoenix Property Maintenance U.K. Limited
Statement of financial position
as at 31 May 2024
Tangible assets
19,603
14,404
Cash at bank and in hand
304,233
259,817
Creditors: amounts falling due within one year
(91,341)
(116,103)
Net current assets
297,266
236,526
Total assets less current liabilities
316,869
250,930
Provisions for liabilities
Deferred tax
(4,579)
(3,341)
Net assets
312,290
247,589
Called up share capital
100
100
Profit and loss account
312,190
247,489
Shareholders' funds
312,290
247,589
For the year ending 31 May 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 26 November 2024 and were signed on its behalf by
Mr W Miller
Director
Company Registration No. 03763379
Phoenix Property Maintenance U.K. Limited
Notes to the Accounts
for the year ended 31 May 2024
Phoenix Property Maintenance U.K. Limited is a private company, limited by shares, registered in England and Wales, registration number 03763379. The registered office is 321 Main Street, Calverton, Nottingham, Nottinghamshire, NG14 6LT, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents net invoiced sales of goods and services, excluding value added tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on reducing balance
Fixtures & fittings
15% on reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Phoenix Property Maintenance U.K. Limited
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Total
5
Average number of employees
During the year the average number of employees was 4 (2023: 4).