Phillipson Governance Professional Services Ltd

Phillipson Governance Professional Services Ltd
Contents Page
For the year ended 31 December 2025

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

Phillipson Governance Professional Services Ltd Accountants' Report For the year ended 31 December 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 December 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. BKS Accounts Ltd 31 December 2025 .................................................... BKS Accounts Ltd BRAMBLES LOWER WALL ROAD West Hythe, Hythe CT21 4NR 09 September 2026 1

Phillipson Governance Professional Services Ltd
Accountants' Report
For the year ended 31 December 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 December 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
BKS Accounts Ltd
31 December 2025

....................................................

BKS Accounts Ltd
BRAMBLES
LOWER WALL ROAD
West Hythe, Hythe
CT21 4NR
09 September 2026

1

Phillipson Governance Professional Services Ltd
Statement of Financial Position
As at 31 December 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	5,940	6,690
Tangible fixed assets	4	4,114	5,500
		10,054	12,190
Current assets
Debtors		18,623	53,509
Cash at bank and in hand		16,780	31,733
		35,403	85,242
Creditors: amount falling due within one year		(22,397)	(4,249)
Net current assets		13,006	80,993

Total assets less current liabilities		23,060	93,183
Net assets		23,060	93,183

Capital and reserves
Profit and loss account		23,060	93,183
Shareholders' funds		23,060	93,183

For the year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 by the board of directors on 09 September 2026 and were signed on its behalf by:

-------------------------------
Matthew Phillipson
Director

2

Phillipson Governance Professional Services Ltd
Notes to the Abridged Financial Statements
For the year ended 31 December 2025

General Information

Phillipson Governance Professional Services Ltd is a private company, limited by shares, registered in , registration number 15327601, registration address Heathercombe House, 11 Weston Road, Strood, Kent, ME2 3EZ.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 10 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	4 years Straight Line
Computer Equipment	5 years Straight Line

2.	Average number of employees Average number of employees during the year was 2 (2024 : 0).

3.

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 January 2025	7,500	7,500
Additions	-	-
Disposals	-	-
At 31 December 2025	7,500	7,500
Amortisation
At 01 January 2025	810	810
Charge for year	750	750
On disposals	-	-
At 31 December 2025	1,560	1,560
Net book values
At 31 December 2025	5,940	5,940
At 31 December 2024	6,690	6,690

4.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 January 2025	2,000	5,125	7,125
Additions	-	-	-
Disposals	-	-	-
At 31 December 2025	2,000	5,125	7,125
Depreciation
At 01 January 2025	500	1,000	1,500
Charge for year	500	1,011	1,511
On disposals	-	-	-
At 31 December 2025	1,000	2,011	3,011
Net book values
Closing balance as at 31 December 2025	1,000	3,114	4,114
Opening balance as at 01 January 2025	1,500	4,000	5,500

3

Registered Number: 15327601

PHILLIPSON GOVERNANCE PROFESSIONAL SERVICES LTD

Abridged Accounts

Period of accounts Start date: 01 January 2025 End date: 31 December 2025