Company Registration No. SC443925 (Scotland)
Phoenix Soft Furnishings Ltd
Unaudited accounts
for the year ended 27 June 2025
Phoenix Soft Furnishings Ltd
Unaudited accounts
Contents
Phoenix Soft Furnishings Ltd
Company Information
for the year ended 27 June 2025
Directors
Elizabeth Davidson
Caroline Roy
Company Number
SC443925 (Scotland)
Registered Office
Unit 8 Tazcalgan Court
Barnpark Business Estate
Tillicoultry
FK13 6BP
Accountants
Caldwell Accountancy Services
Alloa Business Centre
Whins Road
Alloa
Clackmannanshire
FK10 3SA
Phoenix Soft Furnishings Ltd
Statement of financial position
as at 27 June 2025
Cash at bank and in hand
70
97
Creditors: amounts falling due within one year
(110,452)
(102,570)
Net current assets
1,099
1,605
Called up share capital
100
100
Profit and loss account
999
1,505
Shareholders' funds
1,099
1,605
For the year ending 27 June 2025 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 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 of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by
Elizabeth Davidson
Director
Company Registration No. SC443925
Phoenix Soft Furnishings Ltd
Notes to the Accounts
for the year ended 27 June 2025
Phoenix Soft Furnishings Ltd is a private company, limited by shares, registered in Scotland, registration number SC443925. The registered office is Unit 8 Tazcalgan Court, Barnpark Business Estate, Tillicoultry, FK13 6BP.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% on cost
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 28 June 2024
953
7,609
15,295
23,857
At 27 June 2025
953
7,609
15,295
23,857
At 28 June 2024
953
7,609
15,295
23,857
At 27 June 2025
953
7,609
15,295
23,857
Amounts falling due within one year
Accrued income and prepayments
38
38
Other debtors
104,933
95,112
Phoenix Soft Furnishings Ltd
Notes to the Accounts
for the year ended 27 June 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
4,917
10,761
Trade creditors
4,631
1,480
Taxes and social security
36,213
33,277
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Mrs E Davidson
19,026
24,298
20,470
22,854
Ms C Roy
54,244
27,662
24,070
57,836
73,270
51,960
44,540
80,690
There is a balance of £80,690 (2024 £73270) due from the directors included in other debtors. Interest is charged at a rate of 2.25% on balances over £10,000.
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).