PHSB Limited - Accounts

Registered Number: 09151778 PHSB Limited
Statement of Financial Position
As at 31 July 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	330	-
Investment Property	4	191,907	-
		192,237	-
Current assets
Debtors		112,962	112,800
Cash at bank and in hand		5,505	42,168
		118,467	154,968
Creditors: amount falling due within one year		(308,043)	(165,125)
Net current assets		(189,576)	(10,157)

Total assets less current liabilities		2,661	(10,157)
Net assets		2,661	(10,157)

Capital and reserves
Called up share capital	5	100	100
Profit and loss account		2,561	(10,257)
Shareholders' funds		2,661	(10,157)

For the year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The director of the company has elected not to include the Income Statement within the financial statements.

The financial statements were approved by the board of directors on 28 April 2026 and were signed on its behalf by:

-------------------------------
P Hunnable
Director

PHSB Limited
Notes to the Abridged Financial Statements
For the year ended 31 July 2025

General Information

PHSB Limited is a company limited by shares and is incorporated in England and Wales. The address of the registered office is 14 The Shrubbery, Dudley, West Midlands, DY1 2BZ. The nature of the company's operations and its principal activity was that of property rental and that of the borrowing and lending of money.

Accounting policies

Significant accounting policies

The company's financial statements have been prepared in compliance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention and on a going concern basis. The financial statements comprise the unaudited financial statements of the company up to 31 July each year, and are stated in pound sterling, the company's functional and presentational currency.

The principal accounting policies applied in the preparation of these financial statements are set out below, these policies have been applied consistently to all the years presented, unless otherwise stated.

Turnover

Turnover comprises rental income receivable during the period.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings

20% Straight Line

Investment properties

Investment properties are measured at fair value annually with any change recognised in the profit and loss account. Unrealised gains or losses (net of related deferred tax) are transferred from retained earnings to a separate revaluation reserve.

2.	Employees and Directors Average number of employees during the year was 1 (2024 : 1).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Total
	£	£
At 01 August 2024	-	-
Additions	413	413
Disposals	-	-
At 31 July 2025	413	413
Depreciation
At 01 August 2024	-	-
Charge for year	83	83
On disposals	-	-
At 31 July 2025	83	83
Net book values
Closing balance as at 31 July 2025	330	330
Opening balance as at 01 August 2024	-	-

Investment Property

Cost	Other investments other than loans	Total
	£	£
At 01 August 2024	-	-
Additions	191,907	191,907
Disposals	-	-
At 31 July 2025	191,907	191,907

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Ordinary shares of £1.00 each	100		100
	100		100

Registered Number: 09151778
England and Wales
Abridged Accounts

for the year ended 31 July 2025
for
PHSB LIMITED