IRIS Accounts Production v25.4.12.37 08169256 Board of Directors Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 08169256 2024-03-31 08169256 2025-03-31 08169256 2024-04-01 2025-03-31 08169256 2023-03-31 08169256 2023-04-01 2024-03-31 08169256 2024-03-31 08169256 ns15:EnglandWales 2024-04-01 2025-03-31 08169256 ns14:PoundSterling 2024-04-01 2025-03-31 08169256 ns10:Director1 2024-04-01 2025-03-31 08169256 ns10:Director2 2024-04-01 2025-03-31 08169256 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08169256 ns10:SmallEntities 2024-04-01 2025-03-31 08169256 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08169256 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 08169256 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08169256 ns10:FullAccounts 2024-04-01 2025-03-31 08169256 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 08169256 ns10:RegisteredOffice 2024-04-01 2025-03-31 08169256 ns5:CurrentFinancialInstruments 2025-03-31 08169256 ns5:CurrentFinancialInstruments 2024-03-31 08169256 ns5:ShareCapital 2025-03-31 08169256 ns5:ShareCapital 2024-03-31 08169256 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 08169256 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 08169256 ns5:PlantMachinery 2024-04-01 2025-03-31 08169256 ns5:FurnitureFittings 2024-04-01 2025-03-31 08169256 ns5:ComputerEquipment 2024-04-01 2025-03-31 08169256 ns5:PlantMachinery 2024-03-31 08169256 ns5:PlantMachinery 2025-03-31 08169256 ns5:PlantMachinery 2024-03-31 08169256 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 08169256 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 08169256 ns10:OrdinaryShareClass1 2025-03-31 08169256 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 08169256 ns5:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31

REGISTERED NUMBER: 08169256 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

PHA ASSOCIATES LIMITED

| PHA ASSOCIATES LIMITED (REGISTERED NUMBER: 08169256) |

Contents of the Financial Statements

for the year ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| PHA ASSOCIATES LIMITED |

Company Information

for the year ended 31 March 2025

| Directors: | P Henderson

| Mrs V H Henderson

| Registered office: | 3rd Floor

| 86-90 Paul Street

| London

| EC2A 4NE

| Registered number: | 08169256 (England and Wales)

| Accountants: | Cooper Parry Advisory Limited

| Broadwalk House, 5th Floor

| 5 Appold Street

| Broadgate

| London

| EC2A 2AG

| PHA ASSOCIATES LIMITED (REGISTERED NUMBER: 08169256) |

Balance Sheet

31 March 2025

2025 | 2024 |

| Notes | £ | £ | £ | £

Fixed assets

Tangible assets | 4 | 3,363 |  | 4,307 |  |

Current assets

Debtors | 5 | 9,338 |  | 29,668 |  |

Investments | 6 | 17,244 |  | 16,897 |  |

Cash at bank | 303 |  | 43,338 |  |

26,885 |  | 89,903 |  |

Creditors

Amounts falling due within one year | 7 | 10,135 |  | 30,193 |  |

Net current assets | 16,750 |  | 59,710 |  |

Total assets less current liabilities | 20,113 |  | 64,017 |  |

Capital and reserves

Called up share capital | 8 | 100 |  | 100 |  |

Retained earnings | 9 | 20,013 |  | 63,917 |  |

Shareholders' funds | 20,113 |  | 64,017 |  |

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 directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 March 2026 and were signed on its behalf by:

P Henderson - Director

Mrs V H Henderson - Director

| PHA ASSOCIATES LIMITED (REGISTERED NUMBER: 08169256) |

Notes to the Financial Statements

for the year ended 31 March 2025

1. | Statutory information

| PHA Associates 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Key source of estimation, uncertainty and judgement

| The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

| There is estimation uncertainty in calculating depreciation. A full line by line review of fixed assets is carried out by management regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful life of the assets.

| 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.

| Plant and machinery | - | 20% on cost

| Fixtures and fittings | - | 15% on reducing balance

| Computer equipment | - | 33% on cost

| Financial instruments

| Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

| Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

| Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

| Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

| PHA ASSOCIATES LIMITED (REGISTERED NUMBER: 08169256) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

2. | Accounting policies - continued

| Current asset investments

| Current asset investments are measured at fair value. Fair value is obtained from quoted prices on the active market. During the year, the loss in value included in the profit and loss is £2,377 (2024:£2,811).

3. | Employees and directors

| The average number of employees during the year was 2 (2024 - 2 ) .

4. | Tangible fixed assets

Plant and |

machinery |

etc |

| £

| Cost

| At 1 April 2024

| and 31 March 2025 | 39,887 |  |

| Depreciation

| At 1 April 2024 | 35,580 |  |

| Charge for year | 944 |  |

| At 31 March 2025 | 36,524 |  |

| Net book value

| At 31 March 2025 | 3,363 |  |

| At 31 March 2024 | 4,307 |  |

5. | Debtors: amounts falling due within one year |

2025 | 2024 |

| £ | £

| Trade debtors | - |  | 29,668 |  |

| Other debtors | 9,338 |  | - |  |

9,338 |  | 29,668 |  |

6. | Current asset investments

2025 | 2024 |

| £ | £

| Listed investments | 17,244 |  | 16,897 |  |

7. | Creditors: amounts falling due within one year |

2025 | 2024 |

| £ | £

| Taxation and social security | - |  | 23,257 |  |

| Other creditors | 10,135 |  | 6,936 |  |

10,135 |  | 30,193 |  |

8. | Called up share capital

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

value: |  | £ | £

| 100 | Ordinary | £1 | 100 |  | 100 |  |

| PHA ASSOCIATES LIMITED (REGISTERED NUMBER: 08169256) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

9. | Reserves

Retained |

earnings |

| £

| At 1 April 2024 | 63,917 |  |

| Deficit for the year | (23,904 | ) |

| Dividends | (20,000 | ) |

| At 31 March 2025 | 20,013 |  |

10. | Directors' advances, credits and guarantees

| The amount owed to the directors by the company at 31 March 2025 is £7,289 (2024: amount owed to the company by the directors: £3,634).

| The amounts concerned are interest free and repayable on demand.