2023-10-01 12851520 2024-09-30 12851520 2023-10-01 2024-09-30 12851520 2023-09-30 12851520 2022-10-01 2023-09-30 12851520 uk-core:WithinOneYear 2023-09-30 12851520 uk-core:WithinOneYear 2024-09-30 12851520 uk-core:ShareCapital 2024-09-30 12851520 uk-core:ShareCapital 2023-09-30 12851520 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 12851520 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 12851520 uk-bus:Director1 2023-10-01 2024-09-30 12851520 uk-core:ComputerEquipment 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure 12851520 uk-bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 12851520 uk-bus:FRS102 2023-10-01 2024-09-30 12851520 uk-bus:FilletedAccounts 2023-10-01 2024-09-30 12851520 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30
Phoenix Intelligence Ltd
Registered Number:12851520
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2024
Phoenix Intelligence Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
12851520
As at 30 September 2024
Phoenix Intelligence Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
150
295
2
150
295
Current assets
Trade and other receivables
542
5,264
3
-
Cash and cash equivalents
70
5,334
542
Trade and other payables: amounts falling due within one
year
(780)
(5,408)
4
(238)
(74)
Net current liabilities
Total assets less current liabilities
76
57
(29)
(56)
Provisions for liabilities
47
Net assets
1
Capital and reserves
Called up share capital
1
1
Retained earnings
46
-
47
1
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr A Griffiths Director
These financial statements were approved and authorised for issue by the Board on 21 August 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 September 2024
Phoenix Intelligence Ltd
Notes to the Financial Statements
Statutory Information
Phoenix Intelligence Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 12851520.
Registered address:
4 Park Close
Dudley
West Midlands
DY1 4JL
The presentation currency is £ sterling.
This is the currency of the primary economic market in which the entity operates (its functional currency). All amounts
in these financial statements have been rounded to the nearest pound unless otherwise stated.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Even though the company had net current liabilities at the balance sheet date, the director has given assurances to
financially support the company for the foreseeable future.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33% Straight line
Computer Equipment
Deferred tax
Deferred tax is provided on timing differences which arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Differences between accumulated depreciation and tax allowances for the cost of a fixed asset, if and when all conditions for retaining the tax allowances have been met, are not provided for. Deferred tax is not recognised on permanent differences arising because certain types of income or expense are non-taxable or are disallowable for tax or because certain tax charges or allowances are greater or smaller than the corresponding income or expense. Deferred tax is measured at the tax rate that is expected to apply to the reversal of the related difference, using tax rates enacted or substantively enacted at the balance sheet date. Deferred tax balances are not discounted. 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.
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5
For the year ended 30 September 2024
Phoenix Intelligence Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Computer
Equipment
£
Cost or
valuation
At 01 October 2023
440
At 30 September 2024
440
Provision for depreciation and impairment
At 01 October 2023
145
Charge for year
145
At 30 September 2024
290
At 30 September 2024
Net book value
150
At 30 September 2023
295
3. Trade and other receivables
2023
2024
£
£
Other debtors
5,264
542
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
4,628
-
Other creditors
780
780
5,408
780
5. Related party transactions
At 30 September 2024 the director owed the company £3,935 (2023 - £541). Interest was charged at the official rate
of 2.25%. This amount is included in other debtors.
6. Average number of persons employed
During the year the average number of employees was 0
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