PHIDIAS SOLUTIONS LTD

Company Registration Number:
NI683598 (Northern Ireland)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

PHIDIAS SOLUTIONS LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

PHIDIAS SOLUTIONS LTD

Profit And Loss Account

for the Period Ended 30 November 2023

2023 13 months to 30 November 2022


£

£
Turnover: 2,884,590 2,658,320
Cost of sales: ( 2,219,213 ) ( 2,107,657 )
Gross profit(or loss): 665,377 550,663
Distribution costs: ( 210,680 ) ( 222,340 )
Administrative expenses: ( 378,290 ) ( 362,510 )
Other operating income: 128,110 123,970
Operating profit(or loss): 204,517 89,783
Profit(or loss) before tax: 204,517 89,783
Tax: ( 38,858 ) ( 17,058 )
Profit(or loss) for the financial year: 165,659 72,725

PHIDIAS SOLUTIONS LTD

Balance sheet

As at 30 November 2023

Notes 2023 13 months to 30 November 2022


£

£
Fixed assets
Intangible assets: 3 16,200 16,200
Tangible assets: 4 308,200 264,380
Investments: 5 26,790
Total fixed assets: 324,400 307,370
Current assets
Cash at bank and in hand: 148,420 96,230
Total current assets: 148,420 96,230
Creditors: amounts falling due within one year: 6 ( 139,410 ) ( 88,638 )
Net current assets (liabilities): 9,010 7,592
Total assets less current liabilities: 333,410 314,962
Total net assets (liabilities): 333,410 314,962
Capital and reserves
Called up share capital: 10,000 10,000
Other reserves: 284,552 287,905
Profit and loss account: 38,858 17,057
Total Shareholders' funds: 333,410 314,962

The notes form part of these financial statements

PHIDIAS SOLUTIONS LTD

Balance sheet statements

For the year ending 30 November 2023 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.

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 31 July 2024
and signed on behalf of the board by:

Name: CRISTIAN CECCARELLI
Status: Director

The notes form part of these financial statements

PHIDIAS SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 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

PHIDIAS SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 13 months to 30 November 2022
    Average number of employees during the period 14 13

PHIDIAS SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 December 2022 16,200 16,200
Additions 0 0
Disposals
Revaluations
Transfers
At 30 November 2023 16,200 16,200
Amortisation
At 1 December 2022 0 0
Charge for year
On disposals
Other adjustments
At 30 November 2023 0 0
Net book value
At 30 November 2023 16,200 16,200
At 30 November 2022 16,200 16,200

PHIDIAS SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2022 264,380 264,380
Additions 43,820 43,820
Disposals
Revaluations
Transfers
At 30 November 2023 308,200 308,200
Depreciation
At 1 December 2022 0 0
Charge for year
On disposals
Other adjustments
At 30 November 2023 0 0
Net book value
At 30 November 2023 308,200 308,200
At 30 November 2022 264,380 264,380

PHIDIAS SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Fixed assets investments note

NA

PHIDIAS SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

6. Creditors: amounts falling due within one year note

2023 13 months to 30 November 2022
£ £
Other creditors 139,410 88,638
Total 139,410 88,638