Philips Yards Group Limited 15585762 false 2024-03-22 2025-03-31 2025-03-31 The principal activity of the company is Operation of warehousing and storage facilities for land transport activities Digita Accounts Production Advanced 6.30.9574.0 true true 15585762 2024-03-22 2025-03-31 15585762 2025-03-31 15585762 core:RetainedEarningsAccumulatedLosses 2025-03-31 15585762 core:ShareCapital 2025-03-31 15585762 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 15585762 bus:SmallEntities 2024-03-22 2025-03-31 15585762 bus:AuditExemptWithAccountantsReport 2024-03-22 2025-03-31 15585762 bus:FilletedAccounts 2024-03-22 2025-03-31 15585762 bus:SmallCompaniesRegimeForAccounts 2024-03-22 2025-03-31 15585762 bus:RegisteredOffice 2024-03-22 2025-03-31 15585762 bus:Director1 2024-03-22 2025-03-31 15585762 bus:PrivateLimitedCompanyLtd 2024-03-22 2025-03-31 15585762 countries:UnitedKingdom 2024-03-22 2025-03-31 iso4217:GBP xbrli:pure

Registration number: 15585762

Philips Yards Group Limited

Unaudited Filleted Financial Statements

for the Period from 22 March 2024 to 31 March 2025

 

Philips Yards Group Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Philips Yards Group Limited

Company Information

Director

Mr R G Philips

Registered office

Church Farm
Cornmeadow Lane
Claines
Worcestershire
WR3 7RL

Accountants

Ballards LLP
Chartered Accountants
11c Oakmoore Court
Kingswood Road
Hampton Lovett
Droitwich
Worcs
WR9 0QH

 

Philips Yards Group Limited

(Registration number: 15585762)
Balance Sheet as at 31 March 2025

Note

2025
£

Current assets

 

Cash at bank and in hand

 

28

Creditors: Amounts falling due within one year

4

(49)

Net liabilities

 

(21)

Capital and reserves

 

Called up share capital

1

Retained earnings

(22)

Shareholders' deficit

 

(21)

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 29 July 2025
 

.........................................
Mr R G Philips
Director

   
     
 

Philips Yards Group Limited

Notes to the Unaudited Financial Statements for the Period from 22 March 2024 to 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Church Farm
Cornmeadow Lane
Claines
Worcestershire
WR3 7RL

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Philips Yards Group Limited

Notes to the Unaudited Financial Statements for the Period from 22 March 2024 to 31 March 2025

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4

Creditors

Creditors: amounts falling due within one year

2025
£

Due within one year

Other creditors

49