Company Registration No. 14158929 (England and Wales)
PHD GROUP LTD
Unaudited accounts
for the year ended 30 June 2024
PHD GROUP LTD
Unaudited accounts
Contents
PHD GROUP LTD
Company Information
for the year ended 30 June 2024
Directors
Mr S Morgan
Mrs F Morgan
Company Number
14158929 (England and Wales)
Registered Office
B1A NEPTUNE HOUSE
NEPTUNE ROAD
HARROW
HA1 4HX
ENGLAND
Accountants
GIA Foley & Co
West Clayton Business Centre
Berry Lane
Chorleywood
Hertfordshire
WD3 5EX
PHD GROUP LTD
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
169,809
49,974
Creditors: amounts falling due within one year
(153,429)
(32,714)
Net current assets
51,282
17,360
Called up share capital
203
100
Profit and loss account
51,079
17,260
Shareholders' funds
51,282
17,360
For the year ending 30 June 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2024 and were signed on its behalf by
Mr S Morgan
Director
Company Registration No. 14158929
PHD GROUP LTD
Notes to the Accounts
for the year ended 30 June 2024
PHD GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 14158929. The registered office is B1A NEPTUNE HOUSE, NEPTUNE ROAD, HARROW, HA1 4HX, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
31,273
4,048
Loans from directors
19,687
-
Allotted, called up and fully paid:
203 Ordinary shares of £1 each
203
100
Shares issued during the period:
103 Ordinary shares of £1 each
103
7
Transactions with related parties
S Morgan has a 100% investment in PHD Mechanical Ltd. During the year, PHD Mechanical Ltd loaned £75,000 to PHD Group Ltd. This balance is outstanding at the year end. The loan is interest free and repayable on demand.
PHD GROUP LTD
Notes to the Accounts
for the year ended 30 June 2024
8
Average number of employees
During the year the average number of employees was 3 (2023: 1).