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REGISTERED NUMBER: 02775057 (England and Wales)


























Financial Statements

for the Year Ended 30 September 2024

for

Phythians (Cronton) Limited

Phythians (Cronton) Limited (Registered number: 02775057)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


Phythians (Cronton) Limited (Registered number: 02775057)

Abridged Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,440 4,148

CURRENT ASSETS
Stocks 3,290 200
Debtors 29,044 32,042
Cash at bank 65,568 63,792
97,902 96,034
CREDITORS
Amounts falling due within one year 37,098 29,201
NET CURRENT ASSETS 60,804 66,833
TOTAL ASSETS LESS CURRENT
LIABILITIES

63,244

70,981

PROVISIONS FOR LIABILITIES - 788
NET ASSETS 63,244 70,193

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 63,242 70,191
SHAREHOLDERS' FUNDS 63,244 70,193

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Phythians (Cronton) Limited (Registered number: 02775057)

Abridged Balance Sheet - continued
30 September 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 26 June 2025 and were signed by:





Mrs M T Langford - Director


Phythians (Cronton) Limited (Registered number: 02775057)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Phythians (Cronton) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 02775057

Registered office: 28 Rodney Street
Liverpool
L1 2TQ

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 represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

Phythians (Cronton) Limited (Registered number: 02775057)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2023 21,155
Disposals (3,500 )
At 30 September 2024 17,655
DEPRECIATION
At 1 October 2023 17,007
Charge for year 916
Eliminated on disposal (2,708 )
At 30 September 2024 15,215
NET BOOK VALUE
At 30 September 2024 2,440
At 30 September 2023 4,148

5. CONTINGENT LIABILITIES

The company is party to an unlimited multilateral guarantee in favour of HSBC UK Bank plc in respect of the borrowings of C S Morphet and Sons Limited and West Pennine Pig Producers Limited. The maximum potential liability under this guarantee at the balance sheet date was Nil (2023: Nil), although these borrowings are adequately secured on the assets of the respective companies.