REGISTERED NUMBER: 02372905 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Phoenix Couriers (Basingstoke) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

R D Baker

REGISTERED OFFICE:

Unit 4 St. Georges Industrial Estate

Wilton Road

Camberley

Surrey

GU15 2QW

REGISTERED NUMBER:

02372905 (England and Wales)

ACCOUNTANTS:

Butt Miller

Chartered Accountants

1 Minster Court

Tuscam Way

Camberley

Surrey

GU15 3YY

FIXED ASSETS

Tangible assets

4

1,930

2,572

CURRENT ASSETS

Debtors

5

7,791

26,351

CREDITORS

Amounts falling due within one year

6

(228,891

)

(225,188

)

NET CURRENT LIABILITIES

(221,100

)

(198,837

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(219,170

)

(196,265

)

CREDITORS

Amounts falling due after more than one year

7

-

(4,500

)

NET LIABILITIES

(219,170

)

(200,765

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(219,172

)

(200,767

)

(219,170

)

(200,765

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 27 May 2026 and were signed by:

R D Baker - Director

1.	STATUTORY INFORMATION

Phoenix Couriers (Basingstoke) 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Amounts relating to work completed but not yet invoiced at the year-end are shown as accrued income within debtors.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

Operating leases

Rentals paid under operating leases are charged to the Income Statement on a straight line basis over the period of the lease.

Pension costs

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the Income Statement in the period to which they relate.

Going concern

After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, he continues to adopt the going concern basis in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 September 2024

and 31 August 2025

118,897

43,960

162,857

DEPRECIATION

At 1 September 2024

117,691

42,594

160,285

Charge for year

301

341

642

At 31 August 2025

117,992

42,935

160,927

NET BOOK VALUE

At 31 August 2025

905

1,025

1,930

At 31 August 2024

1,206

1,366

2,572

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

5,476

24,036

Prepayments

2,315

2,315

7,791

26,351

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

30,105

27,413

Trade creditors

13,237

19,574

Social security and other taxes

1,571

7,814

VAT

19,642

18,976

Other creditors

11,839

11,439

Director's current account

149,922

137,472

Accruals

2,575

2,500

228,891

225,188

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

4,500

8.	LEASING AGREEMENTS

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

2025

2024

£

£

Within one year

2,400

14,400

Between one and five years

-

2,400

2,400

16,800

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

25,605

21,413

The bank overdraft is secured via a debenture over the assets of the company.

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

R D Baker

Balance outstanding at start of year

(137,472

)

(138,129

)

Amounts advanced

7,781

40,954

Amounts repaid

(20,231

)

(40,297

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(149,922

)

(137,472

)

The above loan from the director to the company is unsecured, interest free and repayable on demand.