PHENIX-UK LIMITED


Directors	KUMAR, Aaron Jitendra
	PATEL, Jyotiben Jitendrabhai
	PATEL, Rakhee
	PATEL, Uma


Registered Address	2nd Floor Grove House
	55 Lowlands Road
	Harrow
	HA1 3AW


Registered Number	12948728 (England and Wales)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		59,972		71,966
			59,972		71,966
Current assets
Debtors	4	69,973		30,523
Cash at bank and on hand		7,451		7,451
		77,424		37,974
Creditors amounts falling due within one year	5	(197,604)		(158,153)
Net current assets (liabilities)			(120,180)		(120,179)
Total assets less current liabilities			(60,208)		(48,213)
Net assets			(60,208)		(48,213)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(60,308)		(48,313)
Shareholders' funds			(60,208)		(48,213)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

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

KUMAR, Aaron Jitendra
Director

PATEL, Jyotiben Jitendrabhai
Director

PATEL, Rakhee
Director

Registered Company No. 12948728

PHENIX-UK LIMITED

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortization and any accumulated impairment losses. Patents and licensees are being amortized evenly over their estimated useful life of 10 years.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	4		4

3.	Intangible assets

		Total
		£
	Cost or valuation
	At 01 November 24	119,944
	At 31 October 25	119,944
	Amortisation and impairment
	At 01 November 24	47,977
	Charge for year	11,995
	At 31 October 25	59,972
	Net book value
	At 31 October 25	59,972
	At 31 October 24	71,966

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	69,973	30,523
Total	69,973	30,523

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Amounts owed to related parties	495	495
Other creditors	119,944	119,944
Accrued liabilities and deferred income	77,165	37,714
Total	197,604	158,153

6.	Related party transactions
	Other creditors includes - Balances of £495 (2024 - £495) related to Phenix-UK Trading Limited. Balances of £119,944 (2024 - £119,944) related to Resso Holdings Limited.