PHIDIAS LIMITED

Company Registration Number:
08929653 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

PHIDIAS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

PHIDIAS LIMITED

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 5,364,341 4,664,644
Cost of sales: ( 3,203,422 ) ( 2,634,082 )
Gross profit(or loss): 2,160,919 2,030,562
Distribution costs: ( 1,435,777 ) ( 1,639,825 )
Administrative expenses: ( 402,448 ) ( 285,373 )
Operating profit(or loss): 322,694 105,364
Profit(or loss) before tax: 322,694 105,364
Tax: ( 61,312 ) ( 20,019 )
Profit(or loss) for the financial year: 261,382 85,345

PHIDIAS LIMITED

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 228,990 228,990
Total fixed assets: 228,990 228,990
Current assets
Debtors: 4 138,640 106,820
Cash at bank and in hand: 40,712 18,220
Total current assets: 179,352 125,040
Creditors: amounts falling due within one year: 5 ( 102,118 ) ( 66,620 )
Net current assets (liabilities): 77,234 58,420
Total assets less current liabilities: 306,224 287,410
Total net assets (liabilities): 306,224 287,410
Capital and reserves
Called up share capital: 40,000 40,000
Other reserves: 49,842 162,065
Profit and loss account: 216,382 85,345
Total Shareholders' funds: 306,224 287,410

The notes form part of these financial statements

PHIDIAS LIMITED

Balance sheet statements

For the year ending 31 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 31 October 2024
and signed on behalf of the board by:

Name: ANDREW TAYLOR
Status: Director

The notes form part of these financial statements

PHIDIAS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

PHIDIAS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 14 12

PHIDIAS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 228,990 228,990
Additions 0 0
Disposals 0 0
Revaluations 0 0
Transfers
At 31 March 2024 228,990 228,990
Depreciation
At 1 April 2023 0 0
Charge for year
On disposals
Other adjustments
At 31 March 2024 0 0
Net book value
At 31 March 2024 228,990 228,990
At 31 March 2023 228,990 228,990

PHIDIAS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 138,640 106,820
Total 138,640 106,820

PHIDIAS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 102,118 66,620
Total 102,118 66,620