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REGISTERED NUMBER: 04841744 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Phoenix Flowers (Uk) Limited

Phoenix Flowers (Uk) Limited (Registered number: 04841744)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Phoenix Flowers (Uk) Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: G TRIGELL
Mrs I TRIGELL





REGISTERED OFFICE: 62 HURSLEY ROAD
CHANDLERS FORD
EASTLEIGH
Hampshire
SO53 2FT





REGISTERED NUMBER: 04841744 (England and Wales)





ACCOUNTANTS: CBM Accountants Limited
130 Bournemouth Road
Chandler's Ford
Eastleigh
Hampshire
SO53 3AL

Phoenix Flowers (Uk) Limited (Registered number: 04841744)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 2,500
Tangible assets 5 23,037 9,299
23,037 11,799

CURRENT ASSETS
Stocks 105,390 5,135
Debtors 6 225,504 250,457
Investments 7 142,000 121,000
Cash at bank 44,299 85,187
517,193 461,779
CREDITORS
Amounts falling due within one year 8 156,935 114,956
NET CURRENT ASSETS 360,258 346,823
TOTAL ASSETS LESS CURRENT
LIABILITIES

383,295

358,622

CREDITORS
Amounts falling due after more than one
year

9

(10,833

)

(30,595

)

PROVISIONS FOR LIABILITIES (3,427 ) (817 )
NET ASSETS 369,035 327,210

CAPITAL AND RESERVES
Called up share capital 115,200 115,200
Retained earnings 253,835 212,010
SHAREHOLDERS' FUNDS 369,035 327,210

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Phoenix Flowers (Uk) Limited (Registered number: 04841744)

Balance Sheet - continued
31 May 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 February 2025 and were signed on its behalf by:





G TRIGELL - Director


Phoenix Flowers (Uk) Limited (Registered number: 04841744)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Phoenix Flowers (Uk) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - Straight line over 25 years

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Phoenix Flowers (Uk) Limited (Registered number: 04841744)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023
and 31 May 2024 100,000
AMORTISATION
At 1 June 2023 97,500
Charge for year 2,500
At 31 May 2024 100,000
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 2,500

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 June 2023 5,000 2,037 6,293
Additions - - -
At 31 May 2024 5,000 2,037 6,293
DEPRECIATION
At 1 June 2023 - 1,704 4,574
Charge for year - 170 258
At 31 May 2024 - 1,874 4,832
NET BOOK VALUE
At 31 May 2024 5,000 163 1,461
At 31 May 2023 5,000 333 1,719

Phoenix Flowers (Uk) Limited (Registered number: 04841744)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 June 2023 33,750 937 48,017
Additions 19,500 1,286 20,786
At 31 May 2024 53,250 2,223 68,803
DEPRECIATION
At 1 June 2023 32,411 29 38,718
Charge for year 5,879 741 7,048
At 31 May 2024 38,290 770 45,766
NET BOOK VALUE
At 31 May 2024 14,960 1,453 23,037
At 31 May 2023 1,339 908 9,299

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 140,940 165,030
Other debtors 84,564 85,427
225,504 250,457

7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Other loans 142,000 121,000

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 833
Trade creditors 132,729 102,838
Taxation and social security 13,569 11,285
Other creditors 637 -
156,935 114,956

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 10,833 30,595

Phoenix Flowers (Uk) Limited (Registered number: 04841744)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 10,833 30,595