Registration number: 08933539

Phil Miles Limited

Contents

Company Information	1
Director's Report	2
Balance Sheet	3 to 4
Notes to the Unaudited Financial Statements	5 to 8

Phil Miles Limited

Company Information

Director

Mr Phil Miles

Registered office

Milestones The Hollow, Wylye Road Hanging Langford Salisbury Wiltshire SP3 4NN

Accountants

Burton Sweet Limited Chartered Accountants and Business Advisers Spencer House 6 Morston Court Aisecome Way Weston-super-Mare North Somerset BS22 8NG

Phil Miles Limited

Director's Report
Year Ended 31 March 2026

The director presents his report and the financial statements for the year ended 31 March 2026.

Director of the company

The director who held office during the year was as follows:

Mr Phil Miles

Principal activity

The principal activity of the company is project management consultancy.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 27 July 2026 and signed on its behalf by:

Mr Phil Miles
Director

Phil Miles Limited

(Registration number: 08933539)
Balance Sheet
31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	1,776	2,015
Current assets
Debtors	5	3,500	2,129
Cash at bank and in hand		11,898	15,712
		15,398	17,841
Creditors: Amounts falling due within one year	6	(17,095)	(26,164)
Net current liabilities		(1,697)	(8,323)
Net assets/(liabilities)		79	(6,308)
Capital and reserves
Called up share capital		1	1
Retained earnings		78	(6,309)
Shareholders' funds/(deficit)		79	(6,308)

Phil Miles Limited

(Registration number: 08933539)
Balance Sheet
31 March 2026

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 July 2026
 

......................................... Mr Phil Miles Director

Phil Miles Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Milestones
The Hollow, Wylye Road
Hanging Langford
Salisbury
Wiltshire
SP3 4NN
England

These financial statements were authorised for issue by the director on 27 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Although shareholders funds show a negative balance at the year end, the accounts are prepared on a going concern basis in the light of the continued support of the directors and the company's bankers.

Phil Miles Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2026

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office Equipment	33% Reducing Balance
Plant and machinery	25% Reducing Balance

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 1).

Phil Miles Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2026

4	Tangible assets

	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 April 2025	4,405	3,097	7,502
Additions	-	509	509
At 31 March 2026	4,405	3,606	8,011
Depreciation
At 1 April 2025	3,360	2,127	5,487
Charge for the year	261	487	748
At 31 March 2026	3,621	2,614	6,235
Carrying amount
At 31 March 2026	784	992	1,776
At 31 March 2025	1,045	970	2,015

Phil Miles Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2026

5

Debtors

	2026 £	2025 £
Trade debtors	3,500	1,751
Other debtors	-	378
	3,500	2,129

6

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Taxation and social security	2,791	-
Accruals and deferred income	864	685
Other creditors	13,440	25,479
	17,095	26,164