Company Registration No. 14776811 (England and Wales)
Phoenix Capital Group Ltd
Unaudited accounts
for the year ended 31 March 2025
Phoenix Capital Group Ltd
Unaudited accounts
Contents
Phoenix Capital Group Ltd
Company Information
for the year ended 31 March 2025
Director
Andrew Lee Mcbean
Company Number
14776811 (England and Wales)
Registered Office
164 New Cavendish Street
London
W1W 6YT
ENGLAND
Accountants
Accountancy Managers Limited
164 New Cavendish Street
London
W1W 6YT
Phoenix Capital Group Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
1,000
1,500
Cash at bank and in hand
12,462
32,188
Creditors: amounts falling due within one year
(6,724)
(20,621)
Net current assets
8,238
15,567
Called up share capital
100
100
Profit and loss account
9,138
16,967
Shareholders' funds
9,238
17,067
For the year ending 31 March 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 29 September 2025 and were signed on its behalf by
Andrew Lee Mcbean
Director
Company Registration No. 14776811
Phoenix Capital Group Ltd
Notes to the Accounts
for the year ended 31 March 2025
Phoenix Capital Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 14776811. The registered office is 164 New Cavendish Street, London, W1W 6YT, 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.
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 3 April 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Computer equipment
Phoenix Capital Group Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
5,123
7,082
Loans from directors
225
12,875
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
Included in other creditor's is the amount of £225 (2024: £12,875) owed by the company to Mr Andrew McBean.
During the period interim dividends of £22,500 (2024: £10,000) were paid to the director.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).