PHINER LIMITED

Company Registration Number:
10428143 (England and Wales)

Unaudited statutory accounts for the year ended 30 March 2024

Period of accounts

Start date: 31 March 2023

End date: 30 March 2024

PHINER LIMITED

Contents of the Financial Statements

for the Period Ended 30 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

PHINER LIMITED

Company Information

for the Period Ended 30 March 2024




Director: Robert Phillips
Registered office: 33
Rutherwyke Close
Epsom
England
KT17 2NA
Company Registration Number: 10428143 (England and Wales)

PHINER LIMITED

Directors' Report Period Ended 30 March 2024

The directors present their report with the financial statements of the company for the period ended 30 March 2024

Directors

The directors shown below have held office during the whole of the period from 31 March 2023 to 30 March 2024
Robert Phillips

This report was approved by the board of directors on 13 February 2025
And Signed On Behalf Of The Board By:

Name: Robert Phillips
Status: Director

PHINER LIMITED

Profit and Loss Account

for the Period Ended 30 March 2024


Notes

2024
£

2023
£
Turnover 16,200 13,700
Cost of sales ( 460 ) ( 360 )
Gross Profit or (Loss) 15,740 13,340
Administrative Expenses ( 3,438 ) ( 2,099 )
Operating Profit or (Loss) 12,302 11,241
Interest Payable and Similar Charges ( 14,101 ) ( 15,579 )
Profit or (Loss) Before Tax ( 1,799 ) ( 4,338 )
Profit or (Loss) for Period ( 1,799 ) ( 4,338 )

The notes form part of these financial statements

PHINER LIMITED

Balance sheet

As at 30 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 375,000 375,000
Total fixed assets: 375,000 375,000
Current assets
Cash at bank and in hand: 3,587 5,369
Total current assets: 3,587 5,369
Creditors: amounts falling due within one year: 5 ( 16 )
Net current assets (liabilities): 3,571 5,369
Total assets less current liabilities: 378,571 380,369
Creditors: amounts falling due after more than one year: 6 ( 422,136 ) ( 422,136 )
Accruals and deferred income: ( 1,250 ) ( 1,250 )
Total net assets (liabilities): ( 44,815 ) ( 43,017 )

The notes form part of these financial statements

PHINER LIMITED

Balance sheet continued

As at 30 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 44,915 ) ( 43,117 )
Shareholders funds: ( 44,815 ) ( 43,017 )

For the year ending 30 March 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 13 February 2025
And Signed On Behalf Of The Board By:

Name: Robert Phillips
Status: Director

The notes form part of these financial statements

PHINER LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 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

PHINER LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

PHINER LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2024

  • 3. Off balance sheet disclosure

    No

PHINER LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2024

4. Tangible assets

Land & buildings Total
Cost £ £
At 31 March 2023 375,000 375,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 March 2024 375,000 375,000
Depreciation
At 31 March 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 30 March 2024 - -
Net book value
At 30 March 2024 375,000 375,000
At 30 March 2023 375,000 375,000

PHINER LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 16
Total 16

PHINER LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2024

6.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 265,235 265,235
Amounts due under finance leases and hire purchase contracts 156,901 156,901
Total 422,136 422,136