Acorah Software Products - Accounts Production 19.3.550 false true 31 January 2025 1 February 2024 false 1 February 2025 31 January 2026 31 January 2026 02332807 Mrs Iris Cleaver Mr Stephen Cleaver iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02332807 2025-01-31 02332807 2026-01-31 02332807 2025-02-01 2026-01-31 02332807 frs-core:CurrentFinancialInstruments 2026-01-31 02332807 frs-core:Non-currentFinancialInstruments 2026-01-31 02332807 frs-core:ComputerEquipment 2026-01-31 02332807 frs-core:ComputerEquipment 2025-02-01 2026-01-31 02332807 frs-core:ComputerEquipment 2025-01-31 02332807 frs-core:FurnitureFittings 2025-02-01 2026-01-31 02332807 frs-core:InvestmentPropertyIncludedWithinPPE 2026-01-31 02332807 frs-core:InvestmentPropertyIncludedWithinPPE 2025-02-01 2026-01-31 02332807 frs-core:InvestmentPropertyIncludedWithinPPE 2025-01-31 02332807 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2026-01-31 02332807 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-02-01 2026-01-31 02332807 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-31 02332807 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-02-01 2026-01-31 02332807 frs-core:MotorVehicles 2026-01-31 02332807 frs-core:MotorVehicles 2025-02-01 2026-01-31 02332807 frs-core:MotorVehicles 2025-01-31 02332807 frs-core:PlantMachinery 2025-02-01 2026-01-31 02332807 frs-core:ShareCapital 2026-01-31 02332807 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 02332807 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 02332807 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 02332807 frs-bus:SmallEntities 2025-02-01 2026-01-31 02332807 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 02332807 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 02332807 frs-core:CostValuation 2025-01-31 02332807 frs-core:AdditionsToInvestments 2026-01-31 02332807 frs-core:DisposalsRepaymentsInvestments 2026-01-31 02332807 frs-core:CostValuation 2026-01-31 02332807 frs-core:ProvisionsForImpairmentInvestments 2025-01-31 02332807 frs-core:ProvisionsForImpairmentInvestments 2026-01-31 02332807 frs-core:UnlistedNon-exchangeTraded 2026-01-31 02332807 frs-core:UnlistedNon-exchangeTraded 2025-01-31 02332807 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-01-31 02332807 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2026-01-31 02332807 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2026-01-31 02332807 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2026-01-31 02332807 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-01-31 02332807 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2026-01-31 02332807 frs-bus:Director1 2025-02-01 2026-01-31 02332807 frs-bus:Director2 2025-02-01 2026-01-31 02332807 frs-core:CurrentFinancialInstruments 1 2026-01-31 02332807 frs-core:Non-currentFinancialInstruments 2 2026-01-31 02332807 frs-core:CurrentFinancialInstruments 3 2026-01-31 02332807 frs-core:CurrentFinancialInstruments 4 2026-01-31 02332807 frs-countries:EnglandWales 2025-02-01 2026-01-31 02332807 2024-01-31 02332807 2025-01-31 02332807 2024-02-01 2025-01-31 02332807 frs-core:CurrentFinancialInstruments 2025-01-31 02332807 frs-core:Non-currentFinancialInstruments 2025-01-31 02332807 frs-core:ShareCapital 2025-01-31 02332807 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 02332807 frs-core:CurrentFinancialInstruments 1 2025-01-31 02332807 frs-core:Non-currentFinancialInstruments 1 2025-01-31 02332807 frs-core:Non-currentFinancialInstruments 2 2025-01-31 02332807 frs-core:CurrentFinancialInstruments 3 2025-01-31 02332807 frs-core:CurrentFinancialInstruments 4 2025-01-31
Registered number: 02332807
Phoenix Aircon Limited
Unaudited Financial Statements
For The Year Ended 31 January 2026
Troubleshooters (services for business) Ltd
65-66 Broad Street
Blaenavon
Torfaen
NP4 9NH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 02332807
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 267,786 285,025
Investments 5 2,039,636 1,504,344
2,307,422 1,789,369
CURRENT ASSETS
Stocks 6 5,500 5,500
Debtors 7 301,805 244,655
Cash at bank and in hand 309,798 559,298
617,103 809,453
Creditors: Amounts Falling Due Within One Year 8 (314,601 ) (321,703 )
NET CURRENT ASSETS (LIABILITIES) 302,502 487,750
TOTAL ASSETS LESS CURRENT LIABILITIES 2,609,924 2,277,119
Creditors: Amounts Falling Due After More Than One Year 9 (295,106 ) (65,506 )
NET ASSETS 2,314,818 2,211,613
CAPITAL AND RESERVES
Called up share capital 10 95 95
Profit and Loss Account 2,314,723 2,211,518
SHAREHOLDERS' FUNDS 2,314,818 2,211,613
Page 1
Page 2
For the year ending 31 January 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Stephen Cleaver
Director
28th July 2026
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Phoenix Aircon Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02332807 . The registered office is 74 South Street, Sebastopol, Pontypool, Torfaen, NP4 5DZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0% reducing balance
Leasehold 0% reducing balance
Plant & Machinery 15% reducing balance
Motor Vehicles 20% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 15% reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2026 2025
Office and administration 3 3
Sales, marketing and distribution 6 8
9 11
4. Tangible Assets
Land & Property
Leasehold Furnished Holiday Let Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2025 110,941 150,684 169,809 3,965 435,399
Additions - - 19,000 - 19,000
Disposals - - (23,944 ) - (23,944 )
As at 31 January 2026 110,941 150,684 164,865 3,965 430,455
Depreciation
As at 1 February 2025 - 93,854 54,159 2,361 150,374
Provided during the period - 8,524 25,211 241 33,976
Disposals - - (21,681 ) - (21,681 )
As at 31 January 2026 - 102,378 57,689 2,602 162,669
Net Book Value
As at 31 January 2026 110,941 48,306 107,176 1,363 267,786
As at 1 February 2025 110,941 56,830 115,650 1,604 285,025
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Page 5
5. Investments
Unlisted Other Total
£ £ £
Cost or Valuation
As at 1 February 2025 233,919 1,270,425 1,504,344
Additions 572,395 - 572,395
Disposals (37,103 ) - (37,103 )
As at 31 January 2026 769,211 1,270,425 2,039,636
Provision
As at 1 February 2025 - - -
As at 31 January 2026 - - -
Net Book Value
As at 31 January 2026 769,211 1,270,425 2,039,636
As at 1 February 2025 233,919 1,270,425 1,504,344
6. Stocks
2026 2025
£ £
Finished goods 5,500 5,500
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 301,075 244,022
Prepayments and accrued income 730 633
301,805 244,655
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 73,752 60,488
Corporation tax 45,949 81,476
VAT 60,134 48,701
PAYE 9,231 8,423
Other creditors 97,650 97,650
Pension Due 1,948 1,177
Bounceback Loan under 1 year 5,501 10,000
Property Mortgage under 1 year 15,003 9,456
Accruals and deferred income 4,157 2,750
Directors' loan accounts 1,276 1,582
314,601 321,703
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9. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bounceback Loan - 5,501
Property Mortgage 295,106 60,005
295,106 65,506
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 95 95
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