1 July 2023 false No description of principal activity Taxfiler 2024.6 14158929business:PrivateLimitedCompanyLtd2023-07-012024-06-30 141589292023-06-30 141589292023-07-012024-06-30 14158929business:AuditExemptWithAccountantsReport2023-07-012024-06-30 14158929business:FilletedAccounts2023-07-012024-06-30 141589292024-06-30 14158929business:Director12023-07-012024-06-30 14158929business:Director22023-07-012024-06-30 14158929business:RegisteredOffice2023-07-012024-06-30 141589292023-06-30 14158929core:WithinOneYear2024-06-30 14158929core:WithinOneYear2023-06-30 14158929core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 14158929core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 14158929core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 14158929core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 14158929core:PreviouslyStatedAmount2024-06-30 14158929core:PreviouslyStatedAmount2023-06-30 14158929business:SmallEntities2023-07-012024-06-30 14158929countries:EnglandWales2023-07-012024-06-30 14158929business:OrdinaryShareClass12023-07-012024-06-30 14158929business:OrdinaryShareClass12022-06-082023-06-30 141589292022-06-082023-06-30 iso4217:GBP xbrli:shares xbrli:pure
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
Page
- 2 -
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
- 3 -
PHD GROUP LTD Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
34,902 
100 
Cash at bank and in hand
169,809 
49,974 
204,711 
50,074 
Creditors: amounts falling due within one year
(153,429)
(32,714)
Net current assets
51,282 
17,360 
Net assets
51,282 
17,360 
Capital and reserves
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
- 4 -
PHD GROUP LTD Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
34,902 
100 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
8,167 
8,329 
Trade creditors
68 
19,887 
Taxes and social security
31,273 
4,048 
Other creditors
93,784 
- 
Loans from directors
19,687 
- 
Accruals
450 
450 
153,429 
32,714 
6
Share capital
2024 
2023 
£ 
£ 
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.
- 5 -
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).
- 6 -