REGISTERED NUMBER: 08411620 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

P More PHC Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr P More

REGISTERED OFFICE:

Unit 1 The Cam Centre

Wilbury Way

Hitchin

Hertfordshire

SG4 0TW

REGISTERED NUMBER:

08411620 (England and Wales)

FIXED ASSETS

Intangible assets

5

2,434

3,384

Tangible assets

6

70,753

92,029

73,187

95,413

CURRENT ASSETS

Debtors

7

448,766

396,196

Cash at bank and in hand

769,357

567,953

1,218,123

964,149

CREDITORS

Amounts falling due within one year

8

(244,804

)

(154,966

)

NET CURRENT ASSETS

973,319

809,183

TOTAL ASSETS LESS CURRENT LIABILITIES

1,046,506

904,596

PROVISIONS FOR LIABILITIES

(17,688

)

(23,007

)

NET ASSETS

1,028,818

881,589

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

1,028,718

881,489

SHAREHOLDERS' FUNDS

1,028,818

881,589

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 January 2026 and were signed by:

Mr P More - Director

1.	STATUTORY INFORMATION

P More PHC 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared using the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis.

Judgements

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

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

Turnover comprises the provision of services in the ordinary course of the company’s activities.

Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities.

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

Asset class Amortisation method and rate

Website 20% Straight Line

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

-

10% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

5.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 July 2024

and 30 June 2025

4,750

AMORTISATION

At 1 July 2024

1,366

Amortisation for year

950

At 30 June 2025

2,316

NET BOOK VALUE

At 30 June 2025

2,434

At 30 June 2024

3,384

6.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 July 2024

4,026

22,942

105,322

132,290

Additions

-

1,467

-

1,467

At 30 June 2025

4,026

24,409

105,322

133,757

DEPRECIATION

At 1 July 2024

765

15,598

23,898

40,261

Charge for year

326

2,061

20,356

22,743

At 30 June 2025

1,091

17,659

44,254

63,004

NET BOOK VALUE

At 30 June 2025

2,935

6,750

61,068

70,753

At 30 June 2024

3,261

7,344

81,424

92,029

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

363,577

200,984

Amounts owed by participating interests

1,230

968

Other debtors

16,898

142,039

VAT

51,374

20,217

Prepayments

15,687

31,988

448,766

396,196

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

5,573

10,252

Tax

91,460

110,472

Social security and other taxes

12,018

5,565

Wages control

1,011

693

Pension contributions unpaid

770

504

Credit Card

225

1,067

Capital on tap

494

100

CIS Payable

394

-

Directors' current accounts

131,042

24,583

Accrued expenses

1,817

1,730

244,804

154,966

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100

10.	RELATED PARTY TRANSACTIONS

At the balance sheet date the company owed £33,042 (2024: £24,583) to the directors. Interest is not being charged and there are no terms of repayment on this loan.

At the balance sheet date P More PHC was owed £1,230 (2024: £968) by P More Developments Limited which is a connected company. There are no terms of repayment or interest on this loan.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr P More.