REGISTERED NUMBER: 04219588 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

PHEW DESIGN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M P Burgess

SECRETARY:

M P Burgess

REGISTERED OFFICE:

Cheribourne House

45a Station Road

Willington

Bedford

Bedfordshire

MK44 3QL

REGISTERED NUMBER:

04219588 (England and Wales)

ACCOUNTANTS:

Baker Noel

Chartered Accountants

Cheribourne House

45a Station Road

Willington

Bedford

Bedfordshire

MK44 3QL

FIXED ASSETS

Tangible assets

4

18,258

36,664

CURRENT ASSETS

Debtors

5

407,198

407,794

Investments

6

182,475

99,273

Cash at bank

217,040

335,552

806,713

842,619

CREDITORS

Amounts falling due within one year

7

735,396

763,402

NET CURRENT ASSETS

71,317

79,217

TOTAL ASSETS LESS CURRENT LIABILITIES

89,575

115,881

PROVISIONS FOR LIABILITIES

9,388

13,290

NET ASSETS

80,187

102,591

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

80,087

102,491

SHAREHOLDERS' FUNDS

80,187

102,591

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 his 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 23 December 2025 and were signed by:

M P Burgess - Director

1.	STATUTORY INFORMATION

Phew Design 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.

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.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

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 12 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

42,607

70,562

113,169

Additions

-

3,454

3,454

Disposals

-

(21,719

)

(21,719

)

At 31 March 2025

42,607

52,297

94,904

DEPRECIATION

At 1 April 2024

42,098

34,407

76,505

Charge for year

470

13,357

13,827

Eliminated on disposal

-

(13,686

)

(13,686

)

At 31 March 2025

42,568

34,078

76,646

NET BOOK VALUE

At 31 March 2025

39

18,219

18,258

At 31 March 2024

509

36,155

36,664

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

325,741

348,056

Other debtors

81,457

59,738

407,198

407,794

6.	CURRENT ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Listed investments

182,475

99,273

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

59,515

19,195

Taxation and social security

106,793

115,083

Other creditors

569,088

629,124

735,396

763,402