1 April 2025 false Taxfiler 2024.6 true 12058402 business:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 12058402 2025-03-31 12058402 2025-04-01 2026-03-31 12058402 business:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 12058402 business:FilletedAccounts 2025-04-01 2026-03-31 12058402 2026-03-31 12058402 business:Director1 2025-04-01 2026-03-31 12058402 business:RegisteredOffice 2025-04-01 2026-03-31 12058402 2025-03-31 12058402 core:WithinOneYear 2026-03-31 12058402 core:WithinOneYear 2025-03-31 12058402 core:ShareCapital core:PreviouslyStatedAmount 2026-03-31 12058402 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 12058402 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2026-03-31 12058402 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 12058402 core:PreviouslyStatedAmount 2026-03-31 12058402 core:PreviouslyStatedAmount 2025-03-31 12058402 business:SmallEntities 2025-04-01 2026-03-31 12058402 countries:EnglandWales 2025-04-01 2026-03-31 12058402 business:OrdinaryShareClass1 2025-04-01 2026-03-31 12058402 business:OrdinaryShareClass1 2024-04-01 2025-03-31 12058402 2024-04-01 2025-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12058402 (England and Wales)
Ep Phoenix Limited Unaudited accounts for the year ended 31 March 2026
Ep Phoenix Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Ep Phoenix Limited Company Information for the year ended 31 March 2026
Director
Martin Muriuki
Company Number
12058402 (England and Wales)
Registered Office
71-75 Shelton Street London WC2H 9JQ United Kingdom
- 3 -
Ep Phoenix Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Current assets
Debtors
4
-
3,524
Cash at bank and in hand
-
3,624
-
7,148
Creditors: amounts falling due within one year
5
-
(7,867)
Net current liabilities
-
(719)
Net liabilities
-
(719)
Capital and reserves
Called up share capital
6
1,000
1,000
Profit and loss account
(1,000)
(1,719)
Shareholders' funds
-
(719)
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 June 2026 and were signed on its behalf by
Martin Muriuki Director Company Registration No. 12058402
- 4 -
Ep Phoenix Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Ep Phoenix Limited is a private company, limited by shares, registered in England and Wales, registration number 12058402. The registered office is 71-75 Shelton Street, London, WC2H 9JQ, United Kingdom. The company is in the process of being wound up.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. The holding company EP Propco Ltd has taken advantage of the exemption under section 400 of the Companies Act 2006 not to prepare consolidated accounts. The financial statements present information about this company as an individual entity and not about its group.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The company meets its working capital requirements through loans provided by its holding company, EPP Propco Ltd. As that company has confirmed that it will provide the required financial assistance to ensure that any liabilities are met as they fall due the director considers it appropriate to prepare these accounts on a going concern basis.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
- 5 -
Ep Phoenix Limited Notes to the Accounts for the year ended 31 March 2026
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assetsclassified as receivable within one year are not amortised. Classification of financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Basic financial liabilities Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
- 6 -
Ep Phoenix Limited Notes to the Accounts for the year ended 31 March 2026
4
Debtors
2026
2025
£
£
Amounts falling due within one year
Other debtors
-
3,524
5
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
-
2,867
Other creditors
-
5,000
-
7,867
6
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
7
Controlling party
The parent company of EP Phoenix Ltd is EPP Propco Ltd and its registered office is 71-75, Shelton Street, London, WC2H 9JQ.
8
Average number of employees
During the year the average number of employees was 0 (2025: 0).
- 7 -