Company Registration No. 14181494 (England and Wales)
Phlare Ltd
Unaudited accounts
for the year ended 30 June 2025
Phlare Ltd
Unaudited accounts
Contents
Phlare Ltd
Company Information
for the year ended 30 June 2025
Director
George Jasper Linehan
Company Number
14181494 (England and Wales)
Registered Office
160 Raleigh Road
Bristol
Avon
BS3 2AJ
England
Phlare Ltd
Statement of financial position
as at 30 June 2025
Investment property
316,687
316,687
Cash at bank and in hand
3,707
7,353
Creditors: amounts falling due within one year
(11,675)
(13,556)
Net current liabilities
(7,968)
(6,203)
Total assets less current liabilities
308,719
310,484
Creditors: amounts falling due after more than one year
(314,681)
(313,368)
Net liabilities
(5,962)
(2,884)
Called up share capital
1
1
Profit and loss account
(5,963)
(2,885)
Shareholders' funds
(5,962)
(2,884)
For the year ending 30 June 2025 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 23 September 2025 and were signed on its behalf by
George Jasper Linehan
Director
Company Registration No. 14181494
Phlare Ltd
Notes to the Accounts
for the year ended 30 June 2025
Phlare Ltd is a private company, limited by shares, registered in England and Wales, registration number 14181494. The registered office is 160 Raleigh Road, Bristol, Avon, BS3 2AJ, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 July 2024
316,687
Property owned is Flat 12, The Cigar Factory, 127-131 Raleigh Road, Bristol, BS3 1QU .
Addition to the company, property valued at cost of £300,000 at date of incorporation, plus capitalised costs of £16,687, total cost £316,687.
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
11,475
13,356
6
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
117,272
117,958
Loans from directors
197,409
195,410
Charge code - 1418 1494 0001.
Persons entiltled - National Westminster Bank PLC.
Charge creation date - 2nd May 2023.
Fixed Loan of £133,000 issued to company.
Phlare Ltd
Notes to the Accounts
for the year ended 30 June 2025
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).