28 June 2023 false No description of principal activity Taxfiler 2024.6 SC443925business:PrivateLimitedCompanyLtd2023-06-282024-06-27 SC4439252023-06-27 SC4439252023-06-282024-06-27 SC443925business:AuditExemptWithAccountantsReport2023-06-282024-06-27 SC443925business:FilletedAccounts2023-06-282024-06-27 SC4439252024-06-27 SC443925business:Director12023-06-282024-06-27 SC443925business:Director22023-06-282024-06-27 SC443925business:RegisteredOffice2023-06-282024-06-27 SC4439252023-06-27 SC443925core:WithinOneYear2024-06-27 SC443925core:WithinOneYear2023-06-27 SC443925core:ShareCapitalcore:PreviouslyStatedAmount2024-06-27 SC443925core:ShareCapitalcore:PreviouslyStatedAmount2023-06-27 SC443925core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-27 SC443925core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-27 SC443925core:PreviouslyStatedAmount2024-06-27 SC443925core:PreviouslyStatedAmount2023-06-27 SC443925business:SmallEntities2023-06-282024-06-27 SC443925countries:Scotland2023-06-282024-06-27 SC443925core:MotorVehicles2023-06-282024-06-27 SC443925core:LandBuildings2023-06-27 SC443925core:PlantMachinery2023-06-27 SC443925core:MotorVehicles2023-06-27 SC443925core:LandBuildings2024-06-27 SC443925core:PlantMachinery2024-06-27 SC443925core:MotorVehicles2024-06-27 SC443925core:LandBuildings2023-06-282024-06-27 SC443925core:PlantMachinery2023-06-282024-06-27 SC443925business:Director112023-06-282024-06-27 SC443925business:Director112023-06-27 SC443925business:Director112024-06-27 SC443925business:Director222023-06-282024-06-27 SC443925business:Director222023-06-27 SC443925business:Director222024-06-27 SC4439252022-06-302023-06-27 iso4217:GBP xbrli:pure
Company Registration No. SC443925 (Scotland)
Phoenix Soft Furnishings Ltd Unaudited accounts for the year ended 27 June 2024
Phoenix Soft Furnishings Ltd Unaudited accounts Contents
Page
- 2 -
Phoenix Soft Furnishings Ltd Company Information for the year ended 27 June 2024
Directors
Elizabeth Davidson Caroline Roy
Company Number
SC443925 (Scotland)
Registered Office
Unit 8 Tazcalgan Court Barnpark Business Estate Tillicoultry FK13 6BP
Accountants
Caldwell Accountancy Services Alloa Business Centre Whins Road Alloa Clackmannanshire FK10 3SA
- 3 -
Phoenix Soft Furnishings Ltd Statement of financial position as at 27 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
3,059 
Current assets
Inventories
6,295 
7,271 
Debtors
97,783 
84,832 
Cash at bank and in hand
97 
- 
104,175 
92,103 
Creditors: amounts falling due within one year
(102,570)
(91,160)
Net current assets
1,605 
943 
Total assets less current liabilities
1,605 
4,002 
Provisions for liabilities
Deferred tax
- 
(1,162)
Net assets
1,605 
2,840 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,505 
2,740 
Shareholders' funds
1,605 
2,840 
For the year ending 27 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 27 June 2025 and were signed on its behalf by
Elizabeth Davidson Director Company Registration No. SC443925
- 4 -
Phoenix Soft Furnishings Ltd Notes to the Accounts for the year ended 27 June 2024
1
Statutory information
Phoenix Soft Furnishings Ltd is a private company, limited by shares, registered in Scotland, registration number SC443925. The registered office is Unit 8 Tazcalgan Court, Barnpark Business Estate, Tillicoultry, FK13 6BP.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% on cost
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 28 June 2023
953 
7,609 
15,295 
23,857 
At 27 June 2024
953 
7,609 
15,295 
23,857 
Depreciation
At 28 June 2023
953 
7,609 
12,236 
20,798 
Charge for the year
- 
- 
3,059 
3,059 
At 27 June 2024
953 
7,609 
15,295 
23,857 
Net book value
At 27 June 2024
- 
- 
- 
- 
At 27 June 2023
- 
- 
3,059 
3,059 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,633 
6,495 
Accrued income and prepayments
38 
37 
Other debtors
95,112 
78,300 
97,783 
84,832 
- 5 -
Phoenix Soft Furnishings Ltd Notes to the Accounts for the year ended 27 June 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,761 
13,811 
VAT
48,777 
38,594 
Trade creditors
1,480 
631 
Taxes and social security
33,277 
31,889 
Accruals
8,275 
6,235 
102,570 
91,160 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Elizabeth Davidson
Mrs E Davidson
15,665 
23,412 
20,051 
19,026 
Caroline Roy
Ms C Roy
45,225 
26,590 
17,571 
54,244 
60,890 
50,002 
37,622 
73,270 
There is a balance of £73,270 (2023 £60,890) due from the directors included in other debtors. Interest is charged at a rate of 2.25% on balances over £10,000.
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
- 6 -