PH Import And Export Limited
PH Import And Export Limited
Registered number: 06572545
Director's Report and
Unaudited Financial Statements
For The Year Ended 30 April 2019
S & T Accountancy Ltd
52A Spring Grove Road
Hounslow
Middlesex
TW3 4BN
PH Import And Export Limited
Director's Report and Unaudited Financial Statements
For The Year Ended 30 April 2019
Director's Report and Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Company Information | 1 |
| Director's Report | 2 |
| Dormant Profit and Loss Account Statement | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5—6 |
PH Import And Export Limited
Company Information
For The Year Ended 30 April 2019
Company Information
| Director |
|
| Company Number |
|
| Registered Office | 52A Spring Grove Road |
| Hounslow | |
| Middlesex | |
| TW3 4BN | |
| Accountants |
|
|
|
|
| Hounslow | |
| Middlesex | |
| TW3 4BN | |
Page 1
PH Import And Export Limited
Company No. 06572545
Director's Report For The Year Ended 30 April 2019
Director's Report
The director presents his report and the financial statements for the year ended 30 April 2019 .
Statement of Director's Responsibilities
The director is responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
Directors
The directors who held office during the year were as follows:
|
|
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
|
|
|
|
Page 2
PH Import And Export Limited
Dormant Profit and Loss Account Statement
For The Year Ended 30 April 2019
Dormant Profit and Loss Account Statement
The company has not traded during the year or the preceding financial year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
Page 3
PH Import And Export Limited
Balance Sheet
As at
30 April 2019
Balance Sheet
| 2019 | 2018 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 3 |
|
|
||
|
|
|
||||
| TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|||
| Creditors: Amounts Falling Due After More Than One Year | 4 |
( |
( |
||
| NET ASSETS |
( |
( |
|||
| CAPITAL AND RESERVES | |||||
| Called up share capital | 5 |
|
|
||
| Profit and Loss Account |
( |
( |
|||
| SHAREHOLDERS' FUNDS | (25,995) | (25,995) | |||
Director's responsibilities
-
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
|
|
|
|
The notes on pages 5 to 6 form part of these financial statements.
Page 4
PH Import And Export Limited
Notes to the Financial Statements
For The Year Ended 30 April 2019
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Computer Equipment |
|
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
3.
Tangible Assets
| Computer Equipment | |
|---|---|
| £ | |
| Cost | |
| As at |
|
| As at |
|
| Depreciation | |
| As at |
|
| As at |
|
| Net Book Value | |
| As at |
|
| As at |
|
Page 5
PH Import And Export Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2019
4.
Creditors: Amounts Falling Due After More Than One Year
| 2019 | 2018 | ||
|---|---|---|---|
| £ | £ | ||
| Bank loans |
|
|
|
|
|
|
||
6.
General Information
PH Import And Export Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06572545 . The registered office is 52A Spring Grove Road, Hounslow, Middlesex, TW3 4BN.
Page 6