Phoenix Consultants & Investments Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04788903 (England and Wales)

PHOENIX CONSULTANTS & INVESTMENTS

LIMITED

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

A Mian

T Mian

REGISTERED OFFICE:

First Floor, Gazette Buildings

160-178 Corporation Street

Birmingham

B4 6TF

REGISTERED NUMBER:

04788903 (England and Wales)

ACCOUNTANTS:

Lancaster Haskins Limited

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

FIXED ASSETS

Tangible assets

4

582

684

Investment property

5

1,500,000

1,500,582

1,500,684

CURRENT ASSETS

Debtors

6

26,020

26,212

Cash at bank

7,143

10,354

33,163

36,566

CREDITORS

Amounts falling due within one year

7

22,062

21,408

NET CURRENT ASSETS

11,101

15,158

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,511,683

1,515,842

CREDITORS

Amounts falling due after more than one
year

8

(1,038,671

)

(1,038,758

)

PROVISIONS FOR LIABILITIES

(8,765

)

(9,107

)

NET ASSETS

464,247

467,977

CAPITAL AND RESERVES

Called up share capital

100

Fair value reserve

10

263,696

Retained earnings

10

200,451

204,181

SHAREHOLDERS' FUNDS

464,247

467,977

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 directors acknowledge their 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 Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by:

A Mian - Director

1.	STATUTORY INFORMATION

Phoenix Consultants & Investments Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

There were no material departures from the standard.

Turnover

Turnover is recognised upon completion of services.

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

-

15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Financial instruments

Basic financial instruments are recognised at amortised cost,except for investments in non- convertible preference shares or non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

3,070

DEPRECIATION

At 1 April 2024

2,386

Charge for year

102

At 31 March 2025

2,488

NET BOOK VALUE

At 31 March 2025

582

At 31 March 2024

684

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,500,000

NET BOOK VALUE

At 31 March 2025

1,500,000

At 31 March 2024

1,500,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2017

343,707

Valuation in 2016

35,300

Valuation in 2018

36,400

Valuation in 2019

(100,000

)

Valuation in 2020

(143,041

)

Valuation in 2021

100,000

Cost

1,227,634

1,500,000

Investment property was valued on an open market basis on 31 March 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

-

800

Other debtors

26,020

25,412

26,020

26,212

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

20,619

14,428

Directors' current accounts

69

5,669

Accruals and deferred income

1,374

1,311

22,062

21,408

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans more 5 yrs non-inst

1,038,671

1,038,758

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

1,038,671

1,038,758

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

Bank loans

1,038,671

1,038,758

The bank loan is secured by a legal charge over the land and buildings of the company.

10.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

At 1 April 2024

204,181

263,696

467,877

Profit for the year

1,170

Dividends

(4,900

)

(4,900

)

At 31 March 2025

200,451

263,696

464,147

11.	ULTIMATE CONTROLLING PARTY

The controlling party is A Mian.

The following reproduces the text of the report prepared for the directors 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 Directors 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 Consultants & Investments Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Phoenix Consultants & Investments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Phoenix Consultants & Investments Limited and state those matters that we have agreed to state to the Board of Directors of Phoenix Consultants & Investments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Phoenix Consultants & Investments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Phoenix Consultants & Investments Limited 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 profit of Phoenix Consultants & Investments Limited. You consider that Phoenix Consultants & Investments Limited 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 Consultants & Investments Limited. 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.

Lancaster Haskins Limited

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

16 December 2025