IRIS Accounts Production v25.4.12.37 06804324 Board of Directors 1.1.25 31.12.25 31.12.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 06804324 2024-12-31 06804324 2025-12-31 06804324 2025-01-01 2025-12-31 06804324 2023-12-31 06804324 2024-01-01 2024-12-31 06804324 2024-12-31 06804324 ns15:EnglandWales 2025-01-01 2025-12-31 06804324 ns14:PoundSterling 2025-01-01 2025-12-31 06804324 ns10:Director1 2025-01-01 2025-12-31 06804324 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 06804324 ns10:SmallEntities 2025-01-01 2025-12-31 06804324 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 06804324 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 06804324 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 06804324 ns10:FullAccounts 2025-01-01 2025-12-31 06804324 ns10:Director2 2025-01-01 2025-12-31 06804324 ns10:Director3 2025-01-01 2025-12-31 06804324 ns10:RegisteredOffice 2025-01-01 2025-12-31 06804324 ns5:CurrentFinancialInstruments 2025-12-31 06804324 ns5:CurrentFinancialInstruments 2024-12-31 06804324 ns5:ShareCapital 2025-12-31 06804324 ns5:ShareCapital 2024-12-31 06804324 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 06804324 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 06804324 ns5:ShortLeaseholdAssets ns5:LandBuildings 2025-01-01 2025-12-31 06804324 ns5:LongLeaseholdAssets ns5:LandBuildings 2025-01-01 2025-12-31 06804324 ns5:PlantMachinery 2025-01-01 2025-12-31 06804324 ns5:FurnitureFittings 2025-01-01 2025-12-31 06804324 ns5:MotorVehicles 2025-01-01 2025-12-31 06804324 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-12-31 06804324 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-12-31 06804324 ns5:PlantMachinery 2024-12-31 06804324 ns5:ShortLeaseholdAssets ns5:LandBuildings 2025-12-31 06804324 ns5:LongLeaseholdAssets ns5:LandBuildings 2025-12-31 06804324 ns5:PlantMachinery 2025-12-31 06804324 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-12-31 06804324 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-12-31 06804324 ns5:PlantMachinery 2024-12-31 06804324 ns5:FurnitureFittings 2024-12-31 06804324 ns5:MotorVehicles 2024-12-31 06804324 ns5:FurnitureFittings 2025-12-31 06804324 ns5:MotorVehicles 2025-12-31 06804324 ns5:FurnitureFittings 2024-12-31 06804324 ns5:MotorVehicles 2024-12-31 06804324 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 06804324 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 06804324 ns5:BetweenOneFiveYears 2025-12-31 06804324 ns5:BetweenOneFiveYears 2024-12-31 06804324 ns10:Director3 3 2024-12-31 06804324 ns10:Director3 3 2023-12-31 06804324 ns10:Director3 3 2025-01-01 2025-12-31 06804324 ns10:Director3 3 2024-01-01 2024-12-31 06804324 ns10:Director3 3 2025-12-31 06804324 ns10:Director3 3 2024-12-31

REGISTERED NUMBER: 06804324 (England and Wales)

| Phoenix Interiors (SW) Limited |

| Unaudited Financial Statements |

| for the Year Ended 31 December 2025 |

| Phoenix Interiors (SW) Limited (Registered number: 06804324) |

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 3 |

| Phoenix Interiors (SW) Limited |

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | I E Wills

| G B Wallis

| P J Acers

| REGISTERED OFFICE: | Unit 2 Dunheved Court

| Pennygillam Way

| Pennygillam Industrial Estate

| LAUNCESTON

| Cornwall

| PL15 7ED

| REGISTERED NUMBER: | 06804324 (England and Wales)

| ACCOUNTANTS: | ATC Advisors

| Chartered Accountants

| Unit 2 Dunheved Court

| Pennygillam Way

| LAUNCESTON

| Cornwall

| PL15 7ED

| Phoenix Interiors (SW) Limited (Registered number: 06804324) |

Statement of Financial Position

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 138,987 |  | 174,376 |  |

CURRENT ASSETS

Stocks | 36,000 |  | 31,000 |  |

Debtors | 5 | 418,938 |  | 411,804 |  |

Cash at bank and in hand | 473,013 |  | 399,754 |  |

927,951 |  | 842,558 |  |

CREDITORS

Amounts falling due within one year | 6 | 256,576 |  | 192,404 |  |

NET CURRENT ASSETS | 671,375 |  | 650,154 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 810,362 |  | 824,530 |  |

PROVISIONS FOR LIABILITIES | 28,211 |  | 36,921 |  |

NET ASSETS | 782,151 |  | 787,609 |  |

CAPITAL AND RESERVES

Called up share capital | 80 |  | 80 |  |

Retained earnings | 782,071 |  | 787,529 |  |

782,151 |  | 787,609 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 March 2026 and were signed on its behalf by:

I E Wills - Director

| Phoenix Interiors (SW) Limited (Registered number: 06804324) |

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Phoenix Interiors (SW) 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. | 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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

| Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flor to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Short leasehold | - | 4% on cost

| Buildings | - | 2% on cost

| Fixtures and fittings | - | 25% on cost

| Plant and machinery | - | 25% on cost

| Motor vehicles | - | 12.5% on cost

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Phoenix Interiors (SW) Limited (Registered number: 06804324) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Cash and cash equivalents

| Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities.

| Financial instruments

| A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

| Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

| Debt instruments are subsequently measured at amortised cost.

| Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

| Holiday pay accrual

| The company has chosen to not accrue for unpaid holiday at 31st December 2024 as the cost of extracting this information is in excess of the benefit obtained. This figure had also not been calculated in the previous year and therefore the movement from year to year is likely to negligible This is a departure from the normal accounting policy, however the directors feel that the financial statements still represent a true and fair view and can confirm that the business is still operating as a going concern.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 6 (2024 - 7 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures

| Short |  | and

| leasehold |  | Buildings |  | fittings

£ | £ | £ |

| COST

| At 1 January 2025 | 11,646 |  | 27,284 |  | 12,440 |  |

| Additions | - |  | - |  | 1,998 |  |

| Disposals | - |  | - |  | - |  |

| At 31 December 2025 | 11,646 |  | 27,284 |  | 14,438 |  |

| DEPRECIATION

| At 1 January 2025 | 2,683 |  | 592 |  | 3,526 |  |

| Charge for year | 466 |  | 546 |  | 3,236 |  |

| Eliminated on disposal | - |  | - |  | - |  |

| At 31 December 2025 | 3,149 |  | 1,138 |  | 6,762 |  |

| NET BOOK VALUE

| At 31 December 2025 | 8,497 |  | 26,146 |  | 7,676 |  |

| At 31 December 2024 | 8,963 |  | 26,692 |  | 8,914 |  |

| Phoenix Interiors (SW) Limited (Registered number: 06804324) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

4. | TANGIBLE FIXED ASSETS - continued

| Plant and |  | Motor |

| machinery |  | vehicles |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025 | 53,078 |  | 172,880 |  | 277,328 |  |

| Additions | 5,046 |  | 27,781 |  | 34,825 |  |

| Disposals | - |  | (68,630 | ) | (68,630 | ) |

| At 31 December 2025 | 58,124 |  | 132,031 |  | 243,523 |  |

| DEPRECIATION

| At 1 January 2025 | 50,475 |  | 45,676 |  | 102,952 |  |

| Charge for year | 1,569 |  | 18,951 |  | 24,768 |  |

| Eliminated on disposal | - |  | (23,184 | ) | (23,184 | ) |

| At 31 December 2025 | 52,044 |  | 41,443 |  | 104,536 |  |

| NET BOOK VALUE

| At 31 December 2025 | 6,080 |  | 90,588 |  | 138,987 |  |

| At 31 December 2024 | 2,603 |  | 127,204 |  | 174,376 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 150,245 |  | 153,124 |  |

| Amounts owed by group undertakings | 255,636 |  | 248,972 |  |

| Other debtors | 13,057 |  | 9,708 |  |

418,938 |  | 411,804 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 23,497 |  | 19,361 |  |

| Taxation and social security | 230,619 |  | 138,298 |  |

| Other creditors | 2,460 |  | 34,745 |  |

256,576 |  | 192,404 |  |

7. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Between one and five years | 31,739 |  | - |  |

| Phoenix Interiors (SW) Limited (Registered number: 06804324) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025 | 2024 |

£ | £ |

| P J Acers

| Balance outstanding at start of year | - |  | - |  |

| Amounts advanced | 487 |  | - |  |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 487 |  | - |  |

| The overdrawn directors loan account has been repaid within 9 months of the year end.

9. | RELATED PARTY DISCLOSURES

| During the year and the previous year the company entered into the following transactions with related parties.

|  | Transactional Value |  |  | Balance owed by/(owed to) |

|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |

| £ |  |  | £ |  |  | £ |  |  | £ |  |

| North Devon Decorators Ltd |  |  | - |  |  | - |  |  | (1,765 | ) |  | (1,765 | )

| Phoenix Flooring Devon Ltd |  |  | 6,664 |  |  | 737 |  |  | 257,401 |  |  | 250,737 |

| Mr P Acres is also a director of each of the above companies.

10. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party of the company is a holding company called Phoenix Flooring Devon Limited.