PHOENIX VINYLS LTD

Company Registration Number:
SC733052 (Scotland)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

PHOENIX VINYLS LTD

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 VINYLS LTD

Company Information

for the Period Ended 31 May 2024




Director: Richard David Sim
Registered office: 22
Mid Wynd
Dundee
GB-SCT
DD1 4JG
Company Registration Number: SC733052 (Scotland)

PHOENIX VINYLS LTD

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Stocks: 60,000 40,000
Debtors: 4 7,372 1,565
Cash at bank and in hand: 6,403 3,139
Total current assets: 73,775 44,704
Creditors: amounts falling due within one year: 5 ( 34,176 ) ( 33,665 )
Net current assets (liabilities): 39,599 11,039
Total assets less current liabilities: 39,599 11,039
Total net assets (liabilities): 39,599 11,039

The notes form part of these financial statements

PHOENIX VINYLS LTD

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 39,598 11,038
Shareholders funds: 39,599 11,039

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.

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 30 January 2025
And Signed On Behalf Of The Board By:

Name: Richard David Sim
Status: Director

The notes form part of these financial statements

PHOENIX VINYLS LTD

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 VINYLS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

PHOENIX VINYLS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

PHOENIX VINYLS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Debtors


2024
£

2023
£
Trade debtors 7,372 1,565
Total 7,372 1,565

PHOENIX VINYLS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 3,541 3,388
Taxation and social security 6,486 2,590
Accruals and deferred income 375
Other creditors 24,149 27,312
Total 34,176 33,665