PHAO LIMITED - Accounts

PHAO LIMITED

Statement of Financial Position

As at 31 March 2026

	£	2026 £	£	2025 £
Current assets	191,976		181,524
Creditors: amount falling due within one year	(16,185)		(48,366)
Net current assets/(liabilities)		175,791		133,158
Total assets less current liabilities		175,791		133,158
Creditors: amount falling due after more than one year		(28,668)		-
Accruals and deferred income		-		(210)
Net assets/(liabilities)		147,123		132,948


Capital and reserves		147,123		132,948

Notes to the Accounts

Statutory Information

Phao Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 07576324, registration address Fao Workwell Accountancy Ground Floor East - Hyde, 38 Clarendon Road, Watford, Hertfordshire, WD17 1JW, England.

The presentation currency is £ sterling.

1.	Accounting Policies Basis of accounting The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).

2.	Average number of employees Average number of employees during the year was 1 (2025: 1).

Director's Responsibilities:

For the year ended 31 March 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 of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
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 financial statements have been prepared in accordance with the micro-entity provisions.

Signed on behalf of the board of directors:

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Olaniyi Olarinmoye
Director

Date approved: 18 August 2026