PH Assist Limited

PH Assist Limited
Contents Page
For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

Registered Number: 05708217 PH Assist Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	2,309	2,171
		2,309	2,171
Current assets
Debtors		4,199	7,118
Cash at bank and in hand		15,314	6,296
		19,513	13,414
Creditors: amount falling due within one year		(21,712)	(15,033)
Net current assets		(2,199)	(1,619)

Total assets less current liabilities		110	552
Net assets		110	552

Capital and reserves
Called up share capital	4	100	100
Profit and loss account		10	452
Shareholders' funds		110	552

For the year ended 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 year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006 the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 10 September 2025 and were signed by:

-------------------------------
Peter Hobbs
Director

1

PH Assist Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

PH Assist Limited is a private company, limited by shares, registered in England and Wales, registration number 05708217, registration address 502 Pridays Mill, 41-45 Commercial Road, Gloucester, Gloucestershire, GL1 2ED.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, 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:

Fixtures and Fittings	20% Straight Line
Computer Equipment	33% Straight Line

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

3.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 April 2024	2,510	9,860	12,370
Additions	-	2,429	2,429
Disposals	-	-	-
At 31 March 2025	2,510	12,289	14,799
Depreciation
At 01 April 2024	2,008	8,191	10,199
Charge for year	502	1,789	2,291
On disposals	-	-	-
At 31 March 2025	2,510	9,980	12,490
Net book values
Closing balance as at 31 March 2025	-	2,309	2,309
Opening balance as at 01 April 2024	502	1,669	2,171

4.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Ordinary shares of £1.00 each	100		100
	100		100

2

Registered Number: 05708217
England and Wales
Abridged Accounts

for the year ended 31 March 2025
for
PH ASSIST LIMITED