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REGISTERED NUMBER: 12917483 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

PHL DAVIES HOLDINGS LTD

PHL DAVIES HOLDINGS LTD (REGISTERED NUMBER: 12917483)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


PHL DAVIES HOLDINGS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: Ms P Davies





REGISTERED OFFICE: Cote Fold
118 Higher Lane
Rainford
St Helens
WA11 8AZ





REGISTERED NUMBER: 12917483 (England and Wales)





ACCOUNTANTS: Mattocks Grindley
18 Mulberry Avenue
Turnstone Park
Widnes
Cheshire
WA8 0WN

PHL DAVIES HOLDINGS LTD (REGISTERED NUMBER: 12917483)

ABRIDGED BALANCE SHEET
31 OCTOBER 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 755 1,133
Investments 5 555,403 487,416
556,158 488,549

CURRENT ASSETS
Cash at bank and in hand 76,563 76,591

CREDITORS
Amounts falling due within one year 188 -
NET CURRENT ASSETS 76,375 76,591
TOTAL ASSETS LESS CURRENT LIABILITIES 632,533 565,140

PROVISIONS FOR LIABILITIES 16,992 -
NET ASSETS 615,541 565,140

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 6 615,441 565,040
615,541 565,140

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

PHL DAVIES HOLDINGS LTD (REGISTERED NUMBER: 12917483)

ABRIDGED BALANCE SHEET - continued
31 OCTOBER 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 Income Statement and an abridged Balance Sheet for the year ended 31 October 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 24 July 2025 and were signed by:





Ms P Davies - Director


PHL DAVIES HOLDINGS LTD (REGISTERED NUMBER: 12917483)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024


1. STATUTORY INFORMATION

PHL Davies Holdings Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 33% on cost

Investments in associates
Investments in associate undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Listed investments
Listed investments are stated at fair value.

3. EMPLOYEES AND DIRECTORS

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

PHL DAVIES HOLDINGS LTD (REGISTERED NUMBER: 12917483)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2023
and 31 October 2024 1,133
DEPRECIATION
Charge for year 378
At 31 October 2024 378
NET BOOK VALUE
At 31 October 2024 755
At 31 October 2023 1,133

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
At 1 November 2023 487,416
Additions 20
Revaluations 67,967
At 31 October 2024 555,403
NET BOOK VALUE
At 31 October 2024 555,403
At 31 October 2023 487,416

Cost or valuation at 31 October 2024 is represented by:
Totals
£   
Valuation in 2022 (20,490 )
Valuation in 2023 7,906
Valuation in 2024 67,967
Cost 500,020
555,403

PHL DAVIES HOLDINGS LTD (REGISTERED NUMBER: 12917483)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


6. RESERVES
Retained
earnings
£   

At 1 November 2023 565,040
Profit for the year 51,401
Dividends (1,000 )
At 31 October 2024 615,441