Company registration number 12795425 (England and Wales)
MIKE PHELPS SOLUTION LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
PAGES FOR FILING WITH REGISTRAR
MIKE PHELPS SOLUTION LTD
COMPANY INFORMATION
Directors
Mr MC Phelps
Mrs SM Phelps
Company number
12795425
Registered office
Kingsnorth House
Blenheim Way
Birmingham
West Midlands
United Kingdom
B44 8LS
Accountants
Malcolm Piper & Company Limited
Kingsnorth House
Blenheim Way
Birmingham
West Midlands
United Kingdom
B44 8LS
MIKE PHELPS SOLUTION LTD
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
MIKE PHELPS SOLUTION LTD
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF MIKE PHELPS SOLUTION LTD FOR THE YEAR ENDED 31 AUGUST 2024
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Mike Phelps Solution Ltd for the year ended 31 August 2024, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the board of directors of Mike Phelps Solution Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Mike Phelps Solution Ltd and state those matters that we have agreed to state to the board of directors of Mike Phelps Solution Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mike Phelps Solution Ltd and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Mike Phelps Solution Ltd has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Mike Phelps Solution Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Mike Phelps Solution Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Malcolm Piper & Company Limited
14 November 2024
Chartered Accountants
Kingsnorth House
Blenheim Way
Birmingham
West Midlands
United Kingdom
B44 8LS
MIKE PHELPS SOLUTION LTD
BALANCE SHEET
AS AT
31 AUGUST 2024
31 August 2024
- 2 -
2024
2023
£
£
£
£
Fixed assets
22,607
30,009
Current assets
18,575
36,629
Creditors: amounts falling due within one year
(39,487)
(50,614)
Net current liabilities
(20,912)
(13,985)
Total assets less current liabilities
1,695
16,024
Net assets
1,695
16,024
Capital and reserves
1,695
16,024
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
2
2

Mike Phelps Solution Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Kingsnorth House, Blenheim Way, Birmingham, West Midlands, United Kingdom, B44 8LS.

For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

MIKE PHELPS SOLUTION LTD
BALANCE SHEET (CONTINUED)
AS AT
31 AUGUST 2024
31 August 2024
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 14 November 2024 and are signed on its behalf by:
Mr MC Phelps
Director
Company registration number 12795425 (England and Wales)
2024-08-312023-09-01falseCCH SoftwareCCH Accounts Production 2024.100No description of principal activityMr MC PhelpsMrs SM Phelpsfalsefalse127954252023-09-012024-08-3112795425bus:Director12023-09-012024-08-3112795425bus:Director22023-09-012024-08-3112795425bus:RegisteredOffice2023-09-012024-08-31127954252024-08-31127954252023-08-3112795425core:CurrentFinancialInstrumentscore:WithinOneYear2024-08-3112795425core:CurrentFinancialInstrumentscore:WithinOneYear2023-08-31127954252022-09-012023-08-3112795425bus:PrivateLimitedCompanyLtd2023-09-012024-08-3112795425bus:SmallCompaniesRegimeForAccounts2023-09-012024-08-3112795425bus:Micro-entities2023-09-012024-08-3112795425bus:AuditExemptWithAccountantsReport2023-09-012024-08-3112795425bus:FullAccounts2023-09-012024-08-31xbrli:purexbrli:sharesiso4217:GBP