PHOENIX PRESS SALE LIMITED

Company Registration Number:
07099982 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

PHOENIX PRESS SALE LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

PHOENIX PRESS SALE LIMITED

Company Information

for the Period Ended 31 May 2024




Director: P J Smith
C E Smith
A N Jones
Registered office: 31a
School Road
Sale
England
M33 7YE
Company Registration Number: 07099982 (England and Wales)

PHOENIX PRESS SALE LIMITED

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 9,000 10,500
Tangible assets: 5 11,077 13,785
Total fixed assets: 20,077 24,285
Current assets
Stocks: 1,950 2,025
Debtors: 11,628 23,897
Cash at bank and in hand: 3,784 9,122
Total current assets: 17,362 35,044
Creditors: amounts falling due within one year: ( 27,867 ) ( 52,323 )
Net current assets (liabilities): ( 10,505 ) ( 17,279 )
Total assets less current liabilities: 9,572 7,006
Creditors: amounts falling due after more than one year: ( 7,202 ) ( 3,622 )
Provision for liabilities: ( 2,105 ) ( 2,619 )
Total net assets (liabilities): 265 765

The notes form part of these financial statements

PHOENIX PRESS SALE LIMITED

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 103 103
Profit and loss account: 162 662
Shareholders funds: 265 765

For the year ending 31 May 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period 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.

This report was approved by the board of directors on 18 November 2024
And Signed On Behalf Of The Board By:

Name: P J Smith
Status: Director

The notes form part of these financial statements

PHOENIX PRESS SALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PHOENIX PRESS SALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 3

PHOENIX PRESS SALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

PHOENIX PRESS SALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 June 2023 30,000
    Additions -
    Disposals -
    Revaluations -
    Transfers -
    At 31 May 2024 30,000
    Amortisation
    Amortisation at 01 June 2023 19,500
    Charge for year 1,500
    On disposals -
    Other adjustments -
    Amortisation at 31 May 2024 21,000
    Net book value
    Net book value at 31 May 2024 9,000
    Net book value at 31 May 2023 10,500

PHOENIX PRESS SALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Tangible Assets

Total
Cost £
At 01 June 2023 67,597
Additions 984
Disposals -
Revaluations -
Transfers -
At 31 May 2024 68,581
Depreciation
At 01 June 2023 53,812
Charge for year 3,692
On disposals -
Other adjustments -
At 31 May 2024 57,504
Net book value
At 31 May 2024 11,077
At 31 May 2023 13,785