Caseware UK (AP4) 2024.0.164 2024.0.164 2026-04-05 2026-04-05 2026-05-13 true No description of principal activity 1 2025-04-06 false 1 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09747831 2025-04-06 2026-04-05 09747831 2024-04-06 2025-04-05 09747831 2026-04-05 09747831 2025-04-05 09747831 c:Director1 2025-04-06 2026-04-05 09747831 d:OfficeEquipment 2025-04-06 2026-04-05 09747831 d:OfficeEquipment 2026-04-05 09747831 d:OfficeEquipment 2025-04-05 09747831 d:OfficeEquipment d:OwnedOrFreeholdAssets 2025-04-06 2026-04-05 09747831 d:ComputerEquipment 2025-04-06 2026-04-05 09747831 d:ComputerEquipment 2026-04-05 09747831 d:ComputerEquipment 2025-04-05 09747831 d:ComputerEquipment d:OwnedOrFreeholdAssets 2025-04-06 2026-04-05 09747831 d:OwnedOrFreeholdAssets 2025-04-06 2026-04-05 09747831 d:CurrentFinancialInstruments 2026-04-05 09747831 d:CurrentFinancialInstruments 2025-04-05 09747831 d:CurrentFinancialInstruments d:WithinOneYear 2026-04-05 09747831 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-05 09747831 d:ShareCapital 2026-04-05 09747831 d:ShareCapital 2025-04-05 09747831 d:RetainedEarningsAccumulatedLosses 2026-04-05 09747831 d:RetainedEarningsAccumulatedLosses 2025-04-05 09747831 c:FRS102 2025-04-06 2026-04-05 09747831 c:AuditExempt-NoAccountantsReport 2025-04-06 2026-04-05 09747831 c:FullAccounts 2025-04-06 2026-04-05 09747831 c:PrivateLimitedCompanyLtd 2025-04-06 2026-04-05 09747831 2 2025-04-06 2026-04-05 09747831 6 2025-04-06 2026-04-05 09747831 e:PoundSterling 2025-04-06 2026-04-05 iso4217:GBP xbrli:pure

Registered number: 09747831 PHL ADVISORY LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 5 APRIL 2026
PHL ADVISORY LIMITED REGISTERED NUMBER: 09747831 STATEMENT OF FINANCIAL POSITION AS AT 5 APRIL 2026
|  | 2026 |  | 2025
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 4,289 |  | 2,684
Investments | 5 |  | 542,685 |  | -
|  |  | 546,974 |  | 2,684
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 358,000 |  | 7,653 |
Cash at bank and in hand |  | 42,191 |  | 414,275 |
|  | 400,191 |  | 421,928 |
Current liabilities |  |  |  |  |
Creditors: amounts falling due within one year | 7 | (416,388) |  | (3,373) |
Net current (liabilities)/assets |  |  | (16,197) |  | 418,555
Total assets less current liabilities |  |  | 530,777 |  | 421,239
Net assets |  |  | 530,777 |  | 421,239
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 1 |  | 1
Profit and loss account |  |  | 530,776 |  | 421,238
|  |  | 530,777 |  | 421,239
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PHL ADVISORY LIMITED REGISTERED NUMBER: 09747831 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 5 APRIL 2026 The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 13 May 2026.
P Legler
Director
The notes on pages 3 to 7 form part of these financial statements. Page 2
PHL ADVISORY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2026
1. | General information
PHL Advisory Limited is a private company limited by shares and registered in England & Wales. The registered office is Flat A, 29 Avery Row, London, W1K 4BA. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Foreign currency translation
Functional and presentation currency The company's functional and presentational currency is GBP, rounded to the nearest £1. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
| 2.3 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Revenue is derived from professional financial advisory services and is recognised in the period in which the services are provided based on the stage of completion at the period end.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 3
PHL ADVISORY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2026 2.Accounting policies (continued)
| 2.5 | Pensions
Defined contribution pension plan The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.
| 2.6 | Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.
| 2.7 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Office equipment | - | 25% | reducing balance
|  |  |  | Computer equipment | - | 25% | reducing balance
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss. Page 4
PHL ADVISORY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2026 2.Accounting policies (continued)
| 2.8 | Valuation of investments
Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment. Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period. Investment art is measured at cost less accumulated impairment. Where there is an indication of impairment, the carrying amount is reviewed and written down to its recoverable amount, with any impairment loss recognised in profit or loss.
| 2.9 | Associates and joint ventures
Associates and Joint Ventures are held at cost less impairment.
| 2.10 | Debtors
Short term debtors are measured at transaction price.
| 2.11 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.12 | Creditors
Short term creditors are measured at the transaction price.
| 2.13 | Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
3. | Employees
| The average monthly number of employees, including directors, during the year was 1 (2025 - 1).
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PHL ADVISORY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2026
4. | Tangible fixed assets
|  | Office equipment | Computer equipment | Total
|  | £ | £ | £
| Cost |  |  |
| At 6 April 2025 | 1,760 | 8,701 | 10,461
| Additions | - | 2,798 | 2,798
| At 5 April 2026 | 1,760 | 11,499 | 13,259
| Depreciation |  |  |
| At 6 April 2025 | 1,726 | 6,051 | 7,777
| Charge for the year on owned assets | 6 | 1,187 | 1,193
| At 5 April 2026 | 1,732 | 7,238 | 8,970
| Net book value |  |  |
| At 5 April 2026 | 28 | 4,261 | 4,289
| At 5 April 2025 | 34 | 2,650 | 2,684
5. | Fixed asset investments
|  | Investments in associates | Listed investments | Unlisted investments | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| Additions | 314,925 | 526,370 | 227,760 | 1,069,055
| Disposals | - | (526,370) | - | (526,370)
| At 5 April 2026 | 314,925 | - | 227,760 | 542,685
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PHL ADVISORY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2026
6. | Debtors
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Amounts owed by joint ventures and associated undertakings | 358,000 | -
| Other debtors | - | 72
| Prepayments and accrued income | - | 7,029
| Tax recoverable | - | 552
|  | 358,000 | 7,653
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade creditors | - | 1,933
| Corporation tax | 6,964 | -
| Other creditors | 407,984 | -
| Accruals | 1,440 | 1,440
|  | 416,388 | 3,373
8. | Related party transactions
| During the year, the company entered into transactions with its director. At the year end, the company owed the director £407,984 (2025: £72 owed by the director to the company). The balance is unsecured, interest-free and repayable on demand. No guarantees have been given or received.
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