REGISTERED NUMBER: 10821268 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

PHOENIX STYLE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Certified Accountants' Report

8

DIRECTOR:

Mrs M P Mengers

REGISTERED OFFICE:

C/O A W Associates

Office 43 Regus, Building 2

Guildford Business Park Road

Guildford

Surrey

GU2 8XG

REGISTERED NUMBER:

10821268 (England and Wales)

ACCOUNTANTS:

A W Associates

Regus, Building 2

Guildford Business Park Road

Guildford

Surrey

GU2 8XG

FIXED ASSETS

Intangible assets

4

2

2

Tangible assets

5

33,609

49,569

33,611

49,571

CURRENT ASSETS

Stocks

70,846

67,060

Debtors

6

72,964

55,326

Cash at bank and in hand

28,119

15,868

171,929

138,254

CREDITORS

Amounts falling due within one year

7

150,468

107,126

NET CURRENT ASSETS

21,461

31,128

TOTAL ASSETS LESS CURRENT LIABILITIES

55,072

80,699

CREDITORS

Amounts falling due after more than one year

8

64,500

68,976

NET (LIABILITIES)/ASSETS

(9,428

)

11,723

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(9,429

)

11,722

(9,428

)

11,723

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the director and authorised for issue on 10 December 2025 and were signed by:

Mrs M P Mengers - Director

1.	STATUTORY INFORMATION

Phoenix Style Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

41,292

AMORTISATION

At 1 April 2024

and 31 March 2025

41,290

NET BOOK VALUE

At 31 March 2025

2

At 31 March 2024

2

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

10,174

88,475

98,649

Additions

-

1,363

1,363

At 31 March 2025

10,174

89,838

100,012

DEPRECIATION

At 1 April 2024

1,852

47,228

49,080

Charge for year

1,017

16,306

17,323

At 31 March 2025

2,869

63,534

66,403

NET BOOK VALUE

At 31 March 2025

7,305

26,304

33,609

At 31 March 2024

8,322

41,247

49,569

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

72,964

55,326

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

77,258

32,767

Amounts owed to group undertakings

31,733

27,900

Taxation and social security

20,306

30,922

Other creditors

21,171

15,537

150,468

107,126

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

64,500

68,976

9.	RELATED PARTY DISCLOSURES

As at 31st March 2025 the company owed to Mrs M P Mengers, a director of the company, £50,087 (2024 £49,953). This loan is interest free and repayable at the discretion of the company.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs M P Mengers.

The company's parent company is Bright Light PR Limited, incorporated in England.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Phoenix Style Ltd for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of Phoenix Style Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Phoenix Style Ltd and state those matters that we have agreed to state to the director of Phoenix Style Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Phoenix Style Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Phoenix Style Ltd. You consider that Phoenix Style Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Phoenix Style Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

A W Associates

Regus, Building 2

Guildford Business Park Road

Guildford

Surrey

GU2 8XG

10 December 2025