Company registration number: 11718687
Annual report and unaudited financial statements
for the year ended 31 December 2025
for
PHX Southampton Limited
Pages for filing with the Registrar
Company registration number: 11718687
PHX Southampton Limited
Balance sheet
as at 31 December 2025
31 Dec 25 31 Dec 24
Note £ £ £ £
Fixed assets
Tangible assets 4 522 653
522 653
Current assets
Debtors 5 53,840 39,004
Cash at bank and in hand 233 894
54,073 39,898
Creditors: amounts falling due within one year
6 (46,089) (29,644)
Net current assets 7,984 10,254
Total assets less current liabilities 8,506 10,907
Creditors: Amounts falling due after more than one year
7 (7,874) (10,529)
Provisions for liabilities (99) -
NET ASSETS 533 378
Capital and reserves
Called up share capital 100 100
Profit and loss account 433 278
TOTAL EQUITY 533 378
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 11718687
PHX Southampton Limited
Balance sheet - continued
as at 31 December 2025
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 6 October 2026 and signed on its behalf by:
Mrs J Wellstead, Director
6 October 2026
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PHX Southampton Limited
Notes to the financial statements
for the year ended 31 December 2025
1 Company information
PHX Southampton Limited is a private company registered in England and Wales. Its registered number is 11718687. The company is limited by shares. Its registered office is Parity Martial Arts, 72 - 94 Millbank Street, Southampton, SO14 5QN.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 20% reducing balance
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
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PHX Southampton Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
2 Accounting policies - continued
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that been enacted or substantively enacted by the balance sheet date and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3 Average number of employees
During the year the average number of employees was 2 (2024 - Nil).
4 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 January 2025 1,020
At 31 December 2025 1,020
Depreciation
At 1 January 2025 367
Charge for year 131
At 31 December 2025 498
Net book value
At 31 December 2025 522
At 31 December 2024 653
5 Debtors
31 Dec 25 31 Dec 24
£ £
Trade debtors 17,267 -
Directors' loan accounts 36,573 39,004
53,840 39,004
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PHX Southampton Limited
Notes to the financial statements - continued
for the year ended 31 December 2025
6 Creditors: amounts falling due within one year
31 Dec 25 31 Dec 24
£ £
Bank loans and overdrafts 9,123 2,334
Trade creditors 1,753 -
Taxation 27,938 25,110
VAT payable 5,475 -
Accruals and deferred income 1,800 2,200
46,089 29,644
7 Creditors: amounts falling due after more than one year
31 Dec 25 31 Dec 24
£ £
Bank loans 7,874 10,529
8 Advances, credit and guarantees granted to directors
The following advances and credits to directors subsisted during the periods ended 31 December 2025 and 31 December 2024.
31 Dec 25 31 Dec 24
£ £
Balance outstanding at start of year 7,597 -
Amounts advanced 32,147 7,597
Amounts repaid (24,673) -
Balance outstanding at end of year 15,071 7,597
31 Dec 25 31 Dec 24
£ £
Balance outstanding at start of year 14,140 -
Amounts advanced 26,284 14,140
Amounts repaid (18,922) -
Balance outstanding at end of year 21,502 14,140
9 Share capital
The issued share capital of the company is as follows: 100 ordinary shares at the nominal value of £1 All shares are fully paid. Each ordinary share carries one vote and is entitled to dividends



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