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REGISTERED NUMBER: 16327139 (England and Wales)










Unaudited Financial Statements

for the Period 19 March 2025 to 31 March 2026

for

PHAZE II AUTOS LIMITED
PHAZE II AUTOS LIMITED (REGISTERED NUMBER: 16327139)

Contents of the Financial Statements
for the Period 19 March 2025 to 31 March 2026










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

PHAZE II AUTOS LIMITED

Company Information
for the Period 19 March 2025 to 31 March 2026







DIRECTORS: P D Whitehouse
P A Borton





SECRETARY:





REGISTERED OFFICE: Telegraph House
59 Wolverhampton Road
Stafford
Staffordshire
ST17 4AW





REGISTERED NUMBER: 16327139 (England and Wales)





ACCOUNTANTS: CHEADLES
Chartered Accountants
Telegraph House
59 Wolverhampton Road
Stafford
Staffordshire
ST17 4AW
Page 1
PHAZE II AUTOS LIMITED (REGISTERED NUMBER: 16327139)

Balance Sheet
31 March 2026

Notes £    £   
FIXED ASSETS
Tangible assets 4 39,495

CURRENT ASSETS
Stocks 1,200
Debtors 5 3,966
Cash at bank 69,749
74,915
CREDITORS
Amounts falling due within one year 6 54,899
NET CURRENT ASSETS 20,016
TOTAL ASSETS LESS CURRENT
LIABILITIES
59,511

CAPITAL AND RESERVES
Called up share capital 100
Share premium 33,877
Retained earnings 25,534
SHAREHOLDERS' FUNDS 59,511

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 October 2026 and were signed on its behalf by:





P D Whitehouse - Director


The notes form part of these financial statements

Page 2
PHAZE II AUTOS LIMITED (REGISTERED NUMBER: 16327139)

Notes to the Financial Statements
for the Period 19 March 2025 to 31 March 2026


1. STATUTORY INFORMATION

Phaze II Autos Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

Significant judgements and estimates
Preparation of the financial statements requires management to make significant judgements, estimates and assumptions that affect the amounts reported for the assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year.

Stock Provision
The directors review stock held at the balance sheet date to ensure that only those goods deemed fit for future sales are included.

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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
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 have been enacted or substantively enacted by the period end 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 probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Page 3 continued...
PHAZE II AUTOS LIMITED (REGISTERED NUMBER: 16327139)

Notes to the Financial Statements - continued
for the Period 19 March 2025 to 31 March 2026


3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
Additions 13,036 1,643 34,149 1,731 50,559
At 31 March 2026 13,036 1,643 34,149 1,731 50,559
DEPRECIATION
Charge for period 3,346 1 7,273 444 11,064
At 31 March 2026 3,346 1 7,273 444 11,064
NET BOOK VALUE
At 31 March 2026 9,690 1,642 26,876 1,287 39,495

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 2,401
Other debtors 1,565
3,966

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 14,683
Taxation and social security 26,937
Other creditors 13,279
54,899

7. ULTIMATE CONTROLLING PARTY

The Company is under the control of Mr P Whitehouse who owns 51% of the issued share capital.

Page 4
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Phaze II Autos Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Phaze II Autos Limited for the period ended 31 March 2026 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Phaze II Autos Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Phaze II Autos Limited and state those matters that we have agreed to state to the Board of Directors of Phaze II Autos Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Phaze II Autos Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Phaze II Autos Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Phaze II Autos Limited. You consider that Phaze II Autos Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Phaze II Autos Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






CHEADLES
Chartered Accountants
Telegraph House
59 Wolverhampton Road
Stafford
Staffordshire
ST17 4AW


13 October 2026

This page does not form part of the statutory financial statements

Page 5