PHA Icon Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04458999 (England and Wales)

PHA ICON LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs L M Lang

O Lang

REGISTERED OFFICE:

CN House

Brooks Drive

Cheadle

Stockport

Cheshire

SK8 3TD

REGISTERED NUMBER:

04458999 (England and Wales)

ACCOUNTANTS:

Clarke Nicklin LLP

Chartered Accountants

Clarke Nicklin House

Brooks Drive

Cheadle Royal Business Park

Cheadle

Cheshire

SK8 3TD

FIXED ASSETS

Intangible assets

4

3,945

6,338

Tangible assets

5

6,295

8,988

10,240

15,326

CURRENT ASSETS

Stocks

4,700

2,000

Debtors

6

109,139

83,527

Cash at bank and in hand

25,080

36,956

138,919

122,483

CREDITORS

Amounts falling due within one year

7

123,018

101,842

NET CURRENT ASSETS

15,901

20,641

TOTAL ASSETS LESS CURRENT
LIABILITIES

26,141

35,967

CREDITORS

Amounts falling due after more than one
year

8

(23,750

)

(28,750

)

PROVISIONS FOR LIABILITIES

9

(1,403

)

(2,039

)

NET ASSETS

988

5,178

CAPITAL AND RESERVES

Called up share capital

10

903

Capital redemption reserve

78

Retained earnings

7

4,197

SHAREHOLDERS' FUNDS

988

5,178

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by:

O Lang - Director

1.	STATUTORY INFORMATION

PHA Icon 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 represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business, is being amortised evenly over its estimated useful life of eight years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Improvements to property

-

10% on cost

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% 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 Statement of Income and Retained Earnings, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

Government grants

Grant income receivable under the Coronavirus Job Retention Scheme ("CJRS") is recognised in the Income Statement on a straight line basis over the furlough period for each relevant employee.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

Website

Totals

£

COST

At 1 September 2024

and 31 August 2025

110,683

32,853

143,536

AMORTISATION

At 1 September 2024

110,683

26,515

137,198

Amortisation for year

-

2,393

At 31 August 2025

110,683

28,908

139,591

NET BOOK VALUE

At 31 August 2025

-

3,945

At 31 August 2024

-

6,338

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

COST

At 1 September 2024

and 31 August 2025

6,178

109,704

7,839

123,721

DEPRECIATION

At 1 September 2024

6,178

102,107

6,448

114,733

Charge for year

-

1,520

1,173

2,693

At 31 August 2025

6,178

103,627

7,621

117,426

NET BOOK VALUE

At 31 August 2025

-

6,077

218

6,295

At 31 August 2024

-

7,597

1,391

8,988

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

108,404

81,668

Prepayments and accrued income

735

1,859

109,139

83,527

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

5,000

Trade creditors

97,366

77,912

Corporation tax

3,046

4,467

Social security and other taxes

858

(3,014

)

VAT

8,415

6,577

Other creditors

250

4,152

Directors' current accounts

25

1,948

Accruals and deferred income

8,058

4,800

123,018

101,842

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans - 1-2 years

5,000

Bank loans - 2-5 years

15,000

Bank loans more 5 yr by instal

3,750

8,750

23,750

28,750

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

3,750

8,750

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

1,403

2,039

Deferred

tax

£

Balance at 1 September 2024

2,039

Provided during year

(636

)

Balance at 31 August 2025

1,403

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

900

Ordinary 'A'

£1

900

3

Ordinary 'C'

£1

3

903

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.