PHONNIX LTD Accounts






PHONNIX LTD

	Company No. 12660014
		Information for Filing with The Registrar
		30 June 2026

The Director presents his report and the accounts for the year ended 30 June 2026.

Principal activities
The principal activity of the company during the year under review was Wholesale of electronic and telecommunications equipment and parts.




Director

The Director who served at any time during the year was as follows:

Mohmed Nisar Munshi









































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

Mohmed Nisar Munshi
Director
30 June 2026

at	30 June 2026
Company No.		12660014	Notes	2026	2025
				£	£






Current assets
	Stocks		5	14,018	20,115


	Cash at bank and in hand			5,501	6,218
				19,519	26,333
Creditors: Amount falling due within one year			6	(9,365)	(10,691)
Net current assets				10,154	15,642
Total assets less current liabilities				10,154	15,642
Creditors: Amounts falling due after more than one year			7	-	(5,808)



Net assets				10,154	9,834

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		9	10,054	9,734

Total equity				10,154	9,834



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 June 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 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.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 30 June 2026 and signed on its behalf by:
Mohmed Nisar Munshi
Director
30 June 2026

for the year ended 30 June 2026

General information

PHONNIX LTD is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 12660014

Its registered office is:

53C Plashet Grove

East Ham

E6 1AD

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Currency

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2026	2025
			Number	Number
		The average monthly number of employees (including directors) during the year was:	1	1

4	Taxation
		(a) Tax on profit on ordinary activities	2026	2025
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	75	505

		Total corporation tax	75	505





		Tax on profit on ordinary activities	75	505

		(b) Factors affecting the total tax charge for the period


		0	£	£
		Profit on ordinary activities before tax	394	2,658

		Standard rate of corporation tax in the United Kingdom	19%	19%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	75	505
		Expenses not deductible for tax purposes	-	-




		Tax on profit on ordinary activities	75	505

5	Stocks
			2026	2025
			£	£


		Finished goods	14,018	20,115
			14,018	20,115

6	Creditors:
		amounts falling due within one year
			2026	2025
			£	£

		Bank loans and overdrafts	5,856	8,193




		Taxes and social security	75	505

		Other creditors	2,735	1,272
		Accruals and deferred income	699	721
			9,365	10,691

7	Creditors:
		amounts falling due after more than one year
			2026	2025
			£	£

		Bank loans and overdrafts	-	5,808






			-	5,808

Share Capital

100 Ordinary £1 Shares held by Director/ Share holder

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.