Philips Rogers Limited Accounts






Philips Rogers Limited

	Company No. 10750484
		Information for Filing with The Registrar
		31 March 2025

The Directors present their report and the accounts for the year ended 31 March 2025.

Principal activities
The principal activity of the company during the year under review was that of commercial property agents and chartered surveyors.




Directors

The Directors who served at any time during the year were as follows:

C. Hollamby
P.D. Wiltshire








































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

C. Hollamby
Director
26 November 2025

at	31 March 2025
Company No.		10750484	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		4	3,769	3,420


				3,769	3,420
Current assets

	Debtors		5	37,803	34,872

	Cash at bank and in hand			41,935	70,570
				79,738	105,442
Creditors: Amount falling due within one year			6	(73,596)	(84,947)
Net current assets				6,142	20,495
Total assets less current liabilities				9,911	23,915

Provisions for liabilities
	Deferred taxation			(735)	(738)

Net assets				9,176	23,177

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		8	9,076	23,077

Total equity				9,176	23,177



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 26 November 2025 and signed on its behalf by:
P.D. Wiltshire
Director
26 November 2025

for the year ended 31 March 2025

General information

Philips Rogers Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 10750484

Its registered office is:

Tregarthen

Gonvena

Wadebridge

Cornwall

PL27 6DL

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and
value added taxes. Turnover includes revenue earned from the provision of professional services as
commercial property agents and chartered surveyors.

Turnover from the rendering of services is recognised by reference to the stage of completion of the
individual short term contracts

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Furniture, fittings and equipment

20% straight line

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	2	2

4	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation
		At 1 April 2024	8,402	8,402
		Additions	1,544	1,544



		At 31 March 2025	9,946	9,946
		Depreciation
		At 1 April 2024	4,982	4,982
		Charge for the year	1,195	1,195



		At 31 March 2025	6,177	6,177
		Net book values
		At 31 March 2025	3,769	3,769
		At 31 March 2024	3,420	3,420

5	Debtors
			2025	2024
			£	£
		Trade debtors	32,716	32,068






		Prepayments and accrued income	5,087	2,804
			37,803	34,872

6	Creditors:
		amounts falling due within one year
			2025	2024
			£	£




		Trade creditors	57	-

		Taxes and social security	16,402	25,095
		Loans from directors	55,042	56,372
		Other creditors	-	1,274
		Accruals and deferred income	2,095	2,206
			73,596	84,947

Share Capital

100 £1 Ordinary shares called up and fully paid.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

9	Dividends
			2025	2024
			£	£
		Dividends for the period:
		Dividends paid in the period	54,054	55,641

			54,054	55,641

		Dividends by type:

		Equity dividends	54,054	55,641
			54,054	55,641