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Company Registration No. 14748041 (England and Wales)
Phonovape Trading Ltd Unaudited accounts for the year ended 31 March 2025
Phonovape Trading Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Phonovape Trading Ltd Company Information for the year ended 31 March 2025
Director
NANAK SINGH
Company Number
14748041 (England and Wales)
Registered Office
102b Wilmslow Road Manchester M14 5AJ England
Accountants
Buraq Accounting Firm Ltd, MAAT NO:10433585 1st Floor, 100 Waterloo Road Cheethamhill Manchesterr uk M8 8AW
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Phonovape Trading Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
5,817 
6,843 
Current assets
Inventories
17,000 
8,500 
Cash at bank and in hand
26,280 
9,450 
43,280 
17,950 
Creditors: amounts falling due within one year
5
(31,106)
(21,430)
Net current assets/(liabilities)
12,174 
(3,480)
Net assets
17,991 
3,363 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
17,990 
3,362 
Shareholders' funds
17,991 
3,363 
For the year ending 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 December 2025 and were signed on its behalf by
NANAK SINGH Director Company Registration No. 14748041
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Phonovape Trading Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Phonovape Trading Ltd is a private company, limited by shares, registered in England and Wales, registration number 14748041. The registered office is 102b Wilmslow Road, Manchester, M14 5AJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Reducing balance at 15%
Computer equipment
Reducing balance at 15%
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
7,500 
550 
8,050 
At 31 March 2025
7,500 
550 
8,050 
Depreciation
At 1 April 2024
1,125 
82 
1,207 
Charge for the year
956 
70 
1,026 
At 31 March 2025
2,081 
152 
2,233 
Net book value
At 31 March 2025
5,419 
398 
5,817 
At 31 March 2024
6,375 
468 
6,843 
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Phonovape Trading Ltd Notes to the Accounts for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
827 
- 
Trade creditors
6,500 
4,480 
Taxes and social security
5,426 
- 
Other creditors
973 
4,500 
Loans from directors
17,380 
12,450 
31,106 
21,430 
6
Average number of employees
During the year the average number of employees was 2 (2024: 1).
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