PHG Mechanical Services Ltd - Filleted accounts

Registered number

10910948

PHG Mechanical Services Ltd

Filleted Accounts

31 August 2025

PHG Mechanical Services Ltd
Registered number:		10910948
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		60,982			81,309

Current assets
Debtors	4	324,266			242,287
Cash at bank and in hand		198,541			178,243
		522,807			420,530

Creditors: amounts falling due within one year	5	(223,088)			(108,265)

Net current assets			299,719			312,265

Total assets less current liabilities			360,701			393,574

Creditors: amounts falling due after more than one year	6		(55,962)			(86,363)



Net assets			304,739			307,211

Capital and reserves
Called up share capital			100			100
Profit and loss account			304,639			307,111

Shareholders' funds			304,739			307,211

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Simon Rae
Director
Approved by the board on 25 August 2026

PHG Mechanical Services Ltd
Notes to the Accounts
for the year ended 31 August 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			3		2


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 September 2024	7,531		180,837		188,368
	At 31 August 2025	7,531		180,837		188,368

	Depreciation
	At 1 September 2024	3,623		103,436		107,059
	Charge for the year	977		19,350		20,327
	At 31 August 2025	4,600		122,786		127,386

	Net book value
	At 31 August 2025	2,931		58,051		60,982
	At 31 August 2024	3,908		77,401		81,309


4	Debtors			2025		2024
£					£

	Trade debtors			274,782		152,338
	Other debtors			49,484		89,949
				324,266		242,287


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			9,057		10,000
	Obligations under finance lease and hire purchase contracts			21,344		21,344
	Trade creditors			43,615		10,474
	Taxation and social security costs			1,121		22,429
	Other creditors			147,951		44,018
				223,088		108,265


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			-		9,057
	Obligations under finance lease and hire purchase contracts			55,962		77,306
				55,962		86,363


7	Other information

	PHG Mechanical Services Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 14 Scrubs Farm
	Lower Gravel Road
	Bromley
	Kent
	BR2 8LL