pHFD Limited - Filleted accounts

Registered number

04181714

pHFD Limited

Filleted Accounts

31 May 2026

pHFD Limited
Registered number:		04181714
Balance Sheet
as at 31 May 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		86			377

Current assets
Debtors	4	3,938			9,114
Cash at bank and in hand		18,442			16,365
		22,380			25,479

Creditors: amounts falling due within one year	5	(4,100)			(8,918)

Net current assets			18,280			16,561

Net assets			18,366			16,938

Capital and reserves
Called up share capital			100			100
Profit and loss account			18,266			16,838

Shareholders' funds			18,366			16,938

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




PJ Hollingsworth
Director
Approved by the board on 26 June 2026

pHFD Limited
Notes to the Accounts
for the year ended 31 May 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the work. The stage of completion of a service is measured by comparing the costs incurred for work performed to date to the total estimated costs.
	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 3 years
	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Other financial assets are initially recognised at transaction price less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs.

	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. Current tax liabilities are not discounted.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 June 2025				6,330
	At 31 May 2026				6,330

	Depreciation
	At 1 June 2025				5,953
	Charge for the year				291
	At 31 May 2026				6,244

	Net book value
	At 31 May 2026				86
	At 31 May 2025				377


4	Debtors		2026		2025
£				£

	Trade debtors		3,938		9,114


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Trade creditors		123		100
	Corporation tax		371		776
	Other taxes and social security costs		2,169		3,594
	Other creditors		1,437		4,448
			4,100		8,918


6	Other information

	pHFD Limited is a private company limited by shares and incorporated in England. Its registered office is:
	11 Somerford Place
	Beaconsfield
	Bucks
	HP9 1AZ