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Company Registration No. 08865298 (England and Wales)
Phoenix Autotech Ltd Unaudited accounts for the year ended 31 December 2024
Phoenix Autotech Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Phoenix Autotech Ltd Company Information for the year ended 31 December 2024
Director
Grzegorz Sylwester CHACINSKI
Company Number
08865298 (England and Wales)
Registered Office
Unit 3 R/O 11 Wilton Road Abbey Wood London SE2 9RH UK
Accountants
Dorota Cukierska International House 142 Cromwell Road London SW7 4EF
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Phoenix Autotech Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
1 
1 
Fixed assets
Tangible assets
4
13,236 
4,305 
Current assets
Inventories
10,000 
6,200 
Cash at bank and in hand
18,231 
6,026 
28,231 
12,226 
Creditors: amounts falling due within one year
5
(11,830)
(4,307)
Net current assets
16,401 
7,919 
Total assets less current liabilities
29,638 
12,225 
Creditors: amounts falling due after more than one year
6
(11,133)
(12,083)
Net assets
18,505 
142 
Capital and reserves
Called up share capital
7
1 
1 
Profit and loss account
18,504 
141 
Shareholders' funds
18,505 
142 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 19 September 2025 and were signed on its behalf by
Grzegorz Sylwester CHACINSKI Director Company Registration No. 08865298
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Phoenix Autotech Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Phoenix Autotech Ltd is a private company, limited by shares, registered in England and Wales, registration number 08865298. The registered office is Unit 3 R/O, 11 Wilton Road Abbey Wood, London, SE2 9RH, UK.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:The depreciation method used is the reducing balance method
Plant & machinery
25%
Computer equipment
33%
Stocks
Stock and work in progress is valued at the lower of the cost and estimated net realisable value. Cost of raw materials is determined on the FIFO basis. In the case of work in progress and finished goods, cost includes all direct expenditure and production overheads based on the normal level of activity. Net realisable value is the price at which the stock can release in the normal course of business, less further costs to completion of sale.
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Phoenix Autotech Ltd Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
19,180 
732 
19,912 
Additions
13,366 
- 
13,366 
At 31 December 2024
32,546 
732 
33,278 
Depreciation
At 1 January 2024
15,094 
513 
15,607 
Charge for the year
4,363 
72 
4,435 
At 31 December 2024
19,457 
585 
20,042 
Net book value
At 31 December 2024
13,089 
147 
13,236 
At 31 December 2023
4,086 
219 
4,305 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,830 
4,307 
Proposed dividends
10,000 
- 
11,830 
4,307 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,083 
12,083 
Taxes and social security
4,050 
- 
11,133 
12,083 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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