| Registered number: 14424645 | ||||||||
| FOR THE YEAR ENDED 31/10/2025 | ||||||||
| Prepared By: | ||||||||
| Chris Ford Limited | ||||||||
| Chartered Accountants | ||||||||
| 16 | ||||||||
| Kithurst Park | ||||||||
| Storrington | ||||||||
| West Sussex | ||||||||
| RH20 4JH | ||||||||
| Phoenix Property Partnership Ltd | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31/10/2025 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| East Sussex | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 14424645 | ||||||||
| ACCOUNTANTS | ||||||||
| Chris Ford Limited | ||||||||
| Chartered Accountants | ||||||||
| 16 | ||||||||
| Kithurst Park | ||||||||
| Storrington | ||||||||
| West Sussex | ||||||||
| RH20 4JH | ||||||||
| Phoenix Property Partnership Ltd | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31/10/2025 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Phoenix Property Partnership Ltd | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2025 | 2024 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| CURRENT ASSETS | ||||||||||
| Stock | ||||||||||
| Debtors | 6 | |||||||||
| Cash at bank and in hand | ||||||||||
| 13,358 | 271,883 | |||||||||
| CREDITORS: Amounts falling due within one year | 7 | |||||||||
| NET CURRENT LIABILITIES | ( | (23,783) | ||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( | |||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 8 | |||||||||
| Revaluation reserve | 1d,9 | 57,000 | - | |||||||
| Profit and loss account | (795) | (23,784) | ||||||||
| SHAREHOLDERS' FUNDS | ( | |||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| Phoenix Property Partnership Ltd | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31/10/2025 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Investment Properties | ||||||||
| Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. | ||||||||
| 1c. Stocks | ||||||||
| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
| When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. | ||||||||
| 1d. Revaluation Reserve | ||||||||
| Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 9). | ||||||||
| Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account. | ||||||||
| 2. EMPLOYEES | ||||||
| 2025 | 2024 | |||||
| No. | No. | |||||
| Average number of employees | 1 | |||||
| Phoenix Property Partnership Ltd | ||||||||
| 3. TANGIBLE FIXED ASSETS |
| Cost |
| At 31/10/2025 |
| Depreciation |
| At 31/10/2025 |
| Net Book Amounts |
| At 31/10/2025 |
| 4. INVESTMENT PROPERTIES | ||||
| Investment | ||||
| Properties | Total | |||
| £ | £ | |||
| Fair value | ||||
| Additions | 283,000 | 283,000 | ||
| Revaluation | 57,000 | 57,000 | ||
| At 31/10/2025 | 340,000 | 340,000 | ||
| 5. STOCK | 2025 | 2024 | ||||
| £ | £ | |||||
| Stock comprises: | ||||||
| Work in progress | ||||||
| 6. DEBTORS | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Prepayments | 11,040 | 11,040 | ||||||
| 11,040 | 11,040 | |||||||
| Phoenix Property Partnership Ltd | ||||||||
| 7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| Directors current account | 84,177 | 82,706 | ||||||
| Mortgage | 212,600 | 212,600 | ||||||
| Accruals | 375 | 360 | ||||||
| 297,152 | 295,666 | |||||||
| 8. SHARE CAPITAL | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 1 | 1 | |||||||
| 1 | 1 | |||||||
| 9. REVALUATION RESERVE | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Revaluation reserve | 57,000 | - | ||||||
| 57,000 | - | |||||||