Company Registration No. SC240580 (Scotland)
Phoenix Fire Side Limited
Unaudited accounts
for the year ended 30 April 2025
Phoenix Fire Side Limited
Unaudited accounts
Contents
Phoenix Fire Side Limited
Company Information
for the year ended 30 April 2025
Company Number
SC240580 (Scotland)
Registered Office
The Fire Side
Main Street
West Linton
EH46 7EA
Accountants
R Books Limited
16 Crookston Place
Peebles
Scottish Borders
EH45 9AL
Phoenix Fire Side Limited
Statement of financial position
as at 30 April 2025
Tangible assets
40,069
23,928
Cash at bank and in hand
29,111
58,596
Creditors: amounts falling due within one year
(43,739)
(49,478)
Net current assets
82,536
87,456
Total assets less current liabilities
122,605
111,384
Creditors: amounts falling due after more than one year
(33,619)
(28,241)
Provisions for liabilities
Deferred tax
(10,000)
(5,967)
Called up share capital
4
4
Profit and loss account
78,982
77,172
Shareholders' funds
78,986
77,176
For the year ending 30 April 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 her 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 15 January 2026 and were signed on its behalf by
Jacqui Morrison
Director
Company Registration No. SC240580
Phoenix Fire Side Limited
Notes to the Accounts
for the year ended 30 April 2025
Phoenix Fire Side Limited is a private company, limited by shares, registered in Scotland, registration number SC240580. The registered office is The Fire Side, Main Street, West Linton, EH46 7EA.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
- 25% reducing balance
Motor vehicles
- 25% reducing balance
Computer equipment
- 25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Phoenix Fire Side Limited
Notes to the Accounts
for the year ended 30 April 2025
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
10,330
35,990
3,279
49,599
Additions
-
23,998
-
23,998
At 30 April 2025
10,330
59,988
3,279
73,597
At 1 May 2024
9,859
12,855
2,957
25,671
Charge for the year
(579)
8,326
110
7,857
At 30 April 2025
9,280
21,181
3,067
33,528
At 30 April 2025
1,050
38,807
212
40,069
At 30 April 2024
471
23,135
322
23,928
Finished goods
42,600
46,000
Amounts falling due within one year
Trade debtors
44,272
23,875
Accrued income and prepayments
2,277
1,260
Phoenix Fire Side Limited
Notes to the Accounts
for the year ended 30 April 2025
8
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
5,556
5,556
Obligations under finance leases and hire purchase contracts
3,708
-
Trade creditors
17,442
12,971
Taxes and social security
9,314
18,695
9
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
10,934
-
Aggregate of amounts that fall due for payment after five years
463
463
Allotted, called up and fully paid:
3 Ordinary A shares of £1 each
3
3
1 Ordinary B shares of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
5,104
30,317
28,855
6,566
5,104
30,317
28,855
6,566
The loan is interest free and has no fixed terms of repayment.
12
Average number of employees
During the year the average number of employees was 2 (2024: 2).