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Company Registration No. 03605782 (England and Wales)
Phoenix Medical Advice and Repatriation Limited Unaudited accounts for the year ended 31 July 2024
Phoenix Medical Advice and Repatriation Limited Unaudited accounts Contents
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Phoenix Medical Advice and Repatriation Limited Company Information for the year ended 31 July 2024
Directors
Dr T W B B Jayaratne Dr S C Wickramarachchi
Company Number
03605782 (England and Wales)
Registered Office
Olympic House Temple Street Aylesbury Bucks HP20 2RQ
Accountants
CJM Accounting Limited Beacon Hill House Bicknoller Taunton West Somerset TA4 4ER
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Phoenix Medical Advice and Repatriation Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
243 
484 
Tangible assets
47,697 
10,960 
47,940 
11,444 
Current assets
Debtors
610,579 
733,482 
Cash at bank and in hand
109,188 
2,439 
719,767 
735,921 
Creditors: amounts falling due within one year
(30,746)
(104,226)
Net current assets
689,021 
631,695 
Total assets less current liabilities
736,961 
643,139 
Creditors: amounts falling due after more than one year
(260,880)
(186,338)
Net assets
476,081 
456,801 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
476,079 
456,799 
Shareholders' funds
476,081 
456,801 
For the year ending 31 July 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 21 February 2025 and were signed on its behalf by
Dr S C Wickramarachchi Director Company Registration No. 03605782
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Phoenix Medical Advice and Repatriation Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Phoenix Medical Advice and Repatriation Limited is a private company, limited by shares, registered in England and Wales, registration number 03605782. The registered office is Olympic House, Temple Street, Aylesbury, Bucks, HP20 2RQ.
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services supplied to customers during the year, net of Value Added Tax, less returns received.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
33% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets
Computer software is stated at cost less accumulated depreciation and any accumulated impairment losses. It is amortised over its estimated life of three years using the straight-line method. If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new expectations.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution pension scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account as they become payable in accordance with the rules of the scheme.
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Phoenix Medical Advice and Repatriation Limited Notes to the Accounts for the year ended 31 July 2024
Critical accounting estimates and judgements
No significant judgements have had to be made by the directors in preparing these financial statements.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 August 2023
21,205 
At 31 July 2024
21,205 
Amortisation
At 1 August 2023
20,721 
Charge for the year
241 
At 31 July 2024
20,962 
Net book value
At 31 July 2024
243 
At 31 July 2023
484 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
50,061 
- 
67,592 
117,653 
Additions
- 
54,541 
- 
54,541 
Disposals
- 
- 
(7,251)
(7,251)
At 31 July 2024
50,061 
54,541 
60,341 
164,943 
Depreciation
At 1 August 2023
49,535 
- 
57,158 
106,693 
Charge for the year
1,476 
11,999 
1,062 
14,537 
On disposals
- 
- 
(3,984)
(3,984)
At 31 July 2024
51,011 
11,999 
54,236 
117,246 
Net book value
At 31 July 2024
(950)
42,542 
6,105 
47,697 
At 31 July 2023
526 
- 
10,434 
10,960 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
603,369 
726,284 
Other debtors
7,210 
7,198 
610,579 
733,482 
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Phoenix Medical Advice and Repatriation Limited Notes to the Accounts for the year ended 31 July 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
61,481 
VAT
552 
- 
Trade creditors
15,412 
14,760 
Taxes and social security
8,108 
19,573 
Other creditors
977 
5,262 
Loans from directors
2,697 
- 
Accruals
3,000 
3,150 
30,746 
104,226 
There is a fixed and floating charge over the undertaking and its assets in favour of the chargee, HSBC bank.
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
260,880 
186,338 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
10
Contingent liabilities
In line with many care providers, the company is potentailly affected by the recent employement tribunal decison relating to sleep-in payments and National Minimum Wage. It is not possible to caculate the effect with any certainty but it is anticipated to be low as the company did not provide such services throughout the period considered by the tribunal.
11
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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