Phase II Ltd

true true 1 November 2013 31 October 2014 31 October 2014 true false 06404914 true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06404914 2013-10-31 06404914 2014-10-31 06404914 2013-11-01 2014-10-31 06404914 uk-gaap:RestatedAmount 2013-10-31 06404914 uk-gaap:RestatedAmount 2014-10-31 06404914 uk-gaap:NetGoodwill 2013-10-31 06404914 uk-gaap:NetGoodwill 2014-10-31 06404914 uk-gaap:NetGoodwill 2013-11-01 2014-10-31 06404914 uk-gaap:OtherIntangibleFixedAssets 2013-11-01 2014-10-31 06404914 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-10-31 06404914 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-10-31 06404914 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-11-01 2014-10-31 06404914 uk-gaap:DevelopmentCosts 2013-10-31 06404914 uk-gaap:DevelopmentCosts 2014-10-31 06404914 uk-gaap:DevelopmentCosts 2013-11-01 2014-10-31 06404914 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2013-10-31 06404914 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2013-11-01 2014-10-31 06404914 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-10-31 06404914 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2013-11-01 2014-10-31 06404914 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2013-10-31 06404914 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2014-10-31 06404914 uk-gaap:PlantMachinery 2013-11-01 2014-10-31 06404914 uk-gaap:PlantMachinery 2013-10-31 06404914 uk-gaap:PlantMachinery 2014-10-31 06404914 uk-gaap:Vehicles 2013-11-01 2014-10-31 06404914 uk-gaap:Vehicles 2013-10-31 06404914 uk-gaap:Vehicles 2014-10-31 06404914 uk-gaap:FixturesFittings 2013-11-01 2014-10-31 06404914 uk-gaap:FixturesFittings 2013-10-31 06404914 uk-gaap:FixturesFittings 2014-10-31 06404914 uk-gaap:ComputerEquipment 2013-11-01 2014-10-31 06404914 uk-gaap:ComputerEquipment 2013-10-31 06404914 uk-gaap:ComputerEquipment 2014-10-31 06404914 uk-gaap:SharesListedFixedAssetInvestments 2013-10-31 06404914 uk-gaap:SharesListedFixedAssetInvestments 2013-11-01 2014-10-31 06404914 uk-gaap:SharesListedFixedAssetInvestments 2014-10-31 06404914 uk-gaap:SharesUnlistedFixedAssetInvestments 2013-10-31 06404914 uk-gaap:SharesUnlistedFixedAssetInvestments 2013-11-01 2014-10-31 06404914 uk-gaap:SharesUnlistedFixedAssetInvestments 2014-10-31 06404914 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2013-10-31 06404914 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2013-11-01 2014-10-31 06404914 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2014-10-31 06404914 uk-gaap:ProvisionsForBadDebts 2013-10-31 06404914 uk-gaap:ProvisionsForBadDebts 2013-11-01 2014-10-31 06404914 uk-gaap:ProvisionsForBadDebts 2014-10-31 06404914 uk-gaap:ProvisionsForDeferredTaxation 2013-10-31 06404914 uk-gaap:ProvisionsForDeferredTaxation 2013-11-01 2014-10-31 06404914 uk-gaap:ProvisionsForDeferredTaxation 2014-10-31 06404914 uk-gaap:OtherProvisions 2013-10-31 06404914 uk-gaap:OtherProvisions 2013-11-01 2014-10-31 06404914 uk-gaap:OtherProvisions 2014-10-31 06404914 uk-gaap:WithinOneYear 2013-10-31 06404914 uk-gaap:WithinOneYear 2013-11-01 2014-10-31 06404914 uk-gaap:WithinOneYear 2014-10-31 06404914 uk-gaap:AfterOneYear 2013-10-31 06404914 uk-gaap:AfterOneYear 2013-11-01 2014-10-31 06404914 uk-gaap:AfterOneYear 2014-10-31 06404914 uk-bus:AllOrdinaryShares 2014-10-31 06404914 uk-bus:AllOrdinaryShares 2013-10-31 06404914 uk-bus:OrdinaryShareClass1 2014-10-31 06404914 uk-bus:OrdinaryShareClass2 2014-10-31 06404914 uk-bus:OrdinaryShareClass3 2014-10-31 06404914 uk-bus:OrdinaryShareClass4 2014-10-31 06404914 uk-bus:OrdinaryShareClass5 2014-10-31 06404914 uk-bus:OrdinaryShareClass1 2013-11-01 2014-10-31 06404914 uk-bus:OrdinaryShareClass2 2013-11-01 2014-10-31 06404914 uk-bus:OrdinaryShareClass3 2013-11-01 2014-10-31 06404914 uk-bus:OrdinaryShareClass4 2013-11-01 2014-10-31 06404914 uk-bus:OrdinaryShareClass5 2013-11-01 2014-10-31 06404914 uk-bus:PreferenceShareClass1 2014-10-31 06404914 uk-bus:PreferenceShareClass2 2014-10-31 06404914 uk-bus:PreferenceShareClass3 2014-10-31 06404914 uk-bus:PreferenceShareClass4 2014-10-31 06404914 uk-bus:PreferenceShareClass5 2014-10-31 06404914 uk-bus:PreferenceShareClass1 2013-11-01 2014-10-31 06404914 uk-bus:PreferenceShareClass2 2013-11-01 2014-10-31 06404914 uk-bus:PreferenceShareClass3 2013-11-01 2014-10-31 06404914 uk-bus:PreferenceShareClass4 2013-11-01 2014-10-31 06404914 uk-bus:PreferenceShareClass5 2013-11-01 2014-10-31 06404914 uk-bus:CompanySecretary 2013-11-01 2014-10-31 06404914 uk-bus:RegisteredOffice 2013-11-01 2014-10-31 06404914 uk-bus:EntityAccountantsOrAuditors 2013-11-01 2014-10-31 06404914 uk-bus:EntityAccountantsOrAuditors 2014-10-31 06404914 uk-bus:MainBusiness 2013-11-01 2014-10-31 06404914 uk-bus:EntityBankers 2013-11-01 2014-10-31 06404914 uk-bus:EntityLawyersOrLegalAdvisers 2013-11-01 2014-10-31 06404914 uk-gaap:BeforeAnyAdjustmentsForAmortisationImpairment uk-gaap:BeforeAnyAdjustmentsForExceptionalItems 2013-11-01 2014-10-31 06404914 uk-bus:HighestPaidDirector 2013-11-01 2014-10-31 06404914 uk-bus:HighestPaidDirector 2014-10-31 06404914 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2013-11-01 2014-10-31 06404914 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2013-11-01 2014-10-31 06404914 uk-bus:AllOrdinaryShares uk-gaap:DividendsProposed 2013-11-01 2014-10-31 06404914 uk-bus:AllEntityOfficers 2013-11-01 2014-10-31 06404914 uk-gaap:InvestmentProperties 2013-10-31 06404914 uk-gaap:InvestmentProperties 2013-11-01 2014-10-31 06404914 uk-gaap:InvestmentProperties 2014-10-31 06404914 uk-gaap:IntellectualProperty 2013-11-01 2014-10-31 06404914 uk-gaap:IntellectualProperty 2013-10-31 06404914 uk-gaap:IntellectualProperty 2014-10-31 06404914 uk-countries:UnitedKingdom 2013-11-01 2014-10-31 06404914 uk-countries:Europe 2013-11-01 2014-10-31 06404914 uk-countries:NorthAmerica 2013-11-01 2014-10-31 06404914 uk-countries:SouthAmerica 2013-11-01 2014-10-31 06404914 uk-countries:Asia 2013-11-01 2014-10-31 06404914 uk-countries:RestWorldOutsideUK 2013-11-01 2014-10-31 06404914 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2013-11-01 2014-10-31 06404914 uk-gaap:LeasedTangibleFixedAssets 2013-11-01 2014-10-31 06404914 uk-gaap:AllSubsidiaries 2013-11-01 2014-10-31 06404914 uk-gaap:AllAssociates 2013-11-01 2014-10-31 06404914 dpl-gaap:CostSales 2013-10-31 06404914 dpl-gaap:CostSales 2014-10-31 06404914 dpl-gaap:CostSales 2013-11-01 2014-10-31 06404914 dpl-gaap:DistributionCosts 2013-11-01 2014-10-31 06404914 dpl-gaap:AdministrativeExpenses 2013-11-01 2014-10-31 06404914 uk-bus:Director1 2013-11-01 2014-10-31 06404914 uk-bus:Director3 2013-11-01 2014-10-31 06404914 2012-10-31 06404914 2013-10-31 06404914 2012-11-01 2013-10-31 06404914 uk-gaap:RestatedAmount 2012-10-31 06404914 uk-gaap:RestatedAmount 2013-10-31 06404914 uk-gaap:NetGoodwill 2012-10-31 06404914 uk-gaap:NetGoodwill 2013-10-31 06404914 uk-gaap:NetGoodwill 2012-11-01 2013-10-31 06404914 uk-gaap:OtherIntangibleFixedAssets 2012-11-01 2013-10-31 06404914 uk-gaap:IntangibleAssetsOtherThanGoodwill 2012-10-31 06404914 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-10-31 06404914 uk-gaap:IntangibleAssetsOtherThanGoodwill 2012-11-01 2013-10-31 06404914 uk-gaap:DevelopmentCosts 2012-10-31 06404914 uk-gaap:DevelopmentCosts 2013-10-31 06404914 uk-gaap:DevelopmentCosts 2012-11-01 2013-10-31 06404914 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2012-10-31 06404914 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2012-11-01 2013-10-31 06404914 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2013-10-31 06404914 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2012-11-01 2013-10-31 06404914 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2012-10-31 06404914 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2013-10-31 06404914 uk-gaap:PlantMachinery 2012-11-01 2013-10-31 06404914 uk-gaap:PlantMachinery 2012-10-31 06404914 uk-gaap:PlantMachinery 2013-10-31 06404914 uk-gaap:Vehicles 2012-11-01 2013-10-31 06404914 uk-gaap:Vehicles 2012-10-31 06404914 uk-gaap:Vehicles 2013-10-31 06404914 uk-gaap:FixturesFittings 2012-11-01 2013-10-31 06404914 uk-gaap:FixturesFittings 2012-10-31 06404914 uk-gaap:FixturesFittings 2013-10-31 06404914 uk-gaap:ComputerEquipment 2012-11-01 2013-10-31 06404914 uk-gaap:ComputerEquipment 2012-10-31 06404914 uk-gaap:ComputerEquipment 2013-10-31 06404914 uk-gaap:SharesListedFixedAssetInvestments 2012-10-31 06404914 uk-gaap:SharesListedFixedAssetInvestments 2012-11-01 2013-10-31 06404914 uk-gaap:SharesListedFixedAssetInvestments 2013-10-31 06404914 uk-gaap:SharesUnlistedFixedAssetInvestments 2012-10-31 06404914 uk-gaap:SharesUnlistedFixedAssetInvestments 2012-11-01 2013-10-31 06404914 uk-gaap:SharesUnlistedFixedAssetInvestments 2013-10-31 06404914 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2012-10-31 06404914 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2012-11-01 2013-10-31 06404914 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2013-10-31 06404914 uk-gaap:ProvisionsForBadDebts 2012-10-31 06404914 uk-gaap:ProvisionsForBadDebts 2012-11-01 2013-10-31 06404914 uk-gaap:ProvisionsForBadDebts 2013-10-31 06404914 uk-gaap:ProvisionsForDeferredTaxation 2012-10-31 06404914 uk-gaap:ProvisionsForDeferredTaxation 2012-11-01 2013-10-31 06404914 uk-gaap:ProvisionsForDeferredTaxation 2013-10-31 06404914 uk-gaap:OtherProvisions 2012-10-31 06404914 uk-gaap:OtherProvisions 2012-11-01 2013-10-31 06404914 uk-gaap:OtherProvisions 2013-10-31 06404914 uk-gaap:WithinOneYear 2012-10-31 06404914 uk-gaap:WithinOneYear 2012-11-01 2013-10-31 06404914 uk-gaap:WithinOneYear 2013-10-31 06404914 uk-gaap:AfterOneYear 2012-10-31 06404914 uk-gaap:AfterOneYear 2012-11-01 2013-10-31 06404914 uk-gaap:AfterOneYear 2013-10-31 06404914 uk-bus:AllOrdinaryShares 2013-10-31 06404914 uk-bus:AllOrdinaryShares 2012-10-31 06404914 uk-bus:OrdinaryShareClass1 2013-10-31 06404914 uk-bus:OrdinaryShareClass2 2013-10-31 06404914 uk-bus:OrdinaryShareClass3 2013-10-31 06404914 uk-bus:OrdinaryShareClass4 2013-10-31 06404914 uk-bus:OrdinaryShareClass5 2013-10-31 06404914 uk-bus:OrdinaryShareClass1 2012-11-01 2013-10-31 06404914 uk-bus:OrdinaryShareClass2 2012-11-01 2013-10-31 06404914 uk-bus:OrdinaryShareClass3 2012-11-01 2013-10-31 06404914 uk-bus:OrdinaryShareClass4 2012-11-01 2013-10-31 06404914 uk-bus:OrdinaryShareClass5 2012-11-01 2013-10-31 06404914 uk-bus:PreferenceShareClass1 2013-10-31 06404914 uk-bus:PreferenceShareClass2 2013-10-31 06404914 uk-bus:PreferenceShareClass3 2013-10-31 06404914 uk-bus:PreferenceShareClass4 2013-10-31 06404914 uk-bus:PreferenceShareClass5 2013-10-31 06404914 uk-bus:PreferenceShareClass1 2012-11-01 2013-10-31 06404914 uk-bus:PreferenceShareClass2 2012-11-01 2013-10-31 06404914 uk-bus:PreferenceShareClass3 2012-11-01 2013-10-31 06404914 uk-bus:PreferenceShareClass4 2012-11-01 2013-10-31 06404914 uk-bus:PreferenceShareClass5 2012-11-01 2013-10-31 06404914 uk-bus:CompanySecretary 2012-11-01 2013-10-31 06404914 uk-bus:RegisteredOffice 2012-11-01 2013-10-31 06404914 uk-bus:EntityAccountantsOrAuditors 2012-11-01 2013-10-31 06404914 uk-bus:EntityAccountantsOrAuditors 2013-10-31 06404914 uk-bus:MainBusiness 2012-11-01 2013-10-31 06404914 uk-bus:EntityBankers 2012-11-01 2013-10-31 06404914 uk-bus:EntityLawyersOrLegalAdvisers 2012-11-01 2013-10-31 06404914 uk-gaap:BeforeAnyAdjustmentsForAmortisationImpairment uk-gaap:BeforeAnyAdjustmentsForExceptionalItems 2012-11-01 2013-10-31 06404914 uk-bus:HighestPaidDirector 2012-11-01 2013-10-31 06404914 uk-bus:HighestPaidDirector 2013-10-31 06404914 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2012-11-01 2013-10-31 06404914 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2012-11-01 2013-10-31 06404914 uk-bus:AllOrdinaryShares uk-gaap:DividendsProposed 2012-11-01 2013-10-31 06404914 uk-bus:AllEntityOfficers 2012-11-01 2013-10-31 06404914 uk-gaap:InvestmentProperties 2012-10-31 06404914 uk-gaap:InvestmentProperties 2012-11-01 2013-10-31 06404914 uk-gaap:InvestmentProperties 2013-10-31 06404914 uk-gaap:IntellectualProperty 2012-11-01 2013-10-31 06404914 uk-gaap:IntellectualProperty 2012-10-31 06404914 uk-gaap:IntellectualProperty 2013-10-31 06404914 uk-countries:UnitedKingdom 2012-11-01 2013-10-31 06404914 uk-countries:Europe 2012-11-01 2013-10-31 06404914 uk-countries:NorthAmerica 2012-11-01 2013-10-31 06404914 uk-countries:SouthAmerica 2012-11-01 2013-10-31 06404914 uk-countries:Asia 2012-11-01 2013-10-31 06404914 uk-countries:RestWorldOutsideUK 2012-11-01 2013-10-31 06404914 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2012-11-01 2013-10-31 06404914 uk-gaap:LeasedTangibleFixedAssets 2012-11-01 2013-10-31 06404914 uk-gaap:AllSubsidiaries 2012-11-01 2013-10-31 06404914 uk-gaap:AllAssociates 2012-11-01 2013-10-31 06404914 dpl-gaap:CostSales 2012-10-31 06404914 dpl-gaap:CostSales 2013-10-31 06404914 dpl-gaap:CostSales 2012-11-01 2013-10-31 06404914 dpl-gaap:DistributionCosts 2012-11-01 2013-10-31 06404914 dpl-gaap:AdministrativeExpenses 2012-11-01 2013-10-31 06404914 uk-bus:Director1 2012-11-01 2013-10-31 06404914 uk-bus:Director3 2012-11-01 2013-10-31

Registered number: 06404914

Phase II Ltd

Abbreviated accounts

For The Year Ended 31 October 2014

Phase II Ltd

Company No. 06404914

Abbreviated Balance Sheet 31 October 2014

Abbreviated Balance Sheet

		2014		2013
	Notes	£	£	£	£
FIXED ASSETS
Tangible assets	2		18,062		17,264

			18,062		17,264
CURRENT ASSETS
Stocks		81,237		27,666
Debtors		76,362		82,372
Cash at bank and in hand		39,509		26,838

		197,108		136,876
Creditors: Amounts Falling Due Within One Year		(95,203)		(92,062)

NET CURRENT ASSETS (LIABILITIES)			101,905		44,814

TOTAL ASSETS LESS CURRENT LIABILITIES			119,967		62,078

NET ASSETS			119,967		62,078

CAPITAL AND RESERVES
Called up share capital	3		100		100
Profit and Loss account			119,867		61,978

SHAREHOLDERS' FUNDS			119,967		62,078

Page 1

Phase II Ltd

Company No. 06404914

Abbreviated Balance Sheet (continued) 31 October 2014

For the year ending 31 October 2014 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

On behalf of the board

Mrs Gulsen Huseyin

16 May 2015

Page 2

Phase II Ltd

Notes to the Abbreviated Accounts

For The Year Ended 31 October 2014

Notes to the Abbreviated Accounts

Accounting Policies

Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Going Concern Disclosure

Accounting standards require the directors to consider the appropriateness of the going concern basis when preparing the financial statements. The directors confirm that the going concern basis remains appropriate. The directors have taken notice of the Financial Reporting Council guidance ‘Going Concern and Liquidity Risk: Guidance for Directors of UK Companies 2009’ which requires the reasons for this decision to be explained. The directors believe this to be the case as the company has positive reserves, cash balances and no significant long term liabilities. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Income is recognised at the date of invoice.

Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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:

Plant & Machinery	20% Reducing balance
Motor Vehicles	25% Reducing balance
Computer Equipment	25% Reducing balance

Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period. Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

Page 3

Phase II Ltd

Notes to the Abbreviated Accounts (continued)

For The Year Ended 31 October 2014

Tangible Assets


	Total
Cost	£
As at 1 November 2013	32,444
Additions	6,492

As at 31 October 2014	38,936

Depreciation
As at 1 November 2013	15,180
Provided during the period	5,694

As at 31 October 2014	20,874

Net Book Value
As at 31 October 2014	18,062

As at 1 November 2013	17,264

Share Capital

	Value	Number	2014	2013
Allotted, called up and fully paid:	£		£	£
Ordinary shares	1.000	100	100	100

Transactions With and Loans to Directors

Included within Debtors are the following loans to directors:

	As at 1 November 2013	Amounts advanced	Amounts repaid	As at 31 October 2014
	£	£	£	£
Mr Alan Dobbs	(1,806)	1,896	-	92

The above loan is unsecured, interest free and repayable on demand.

Ultimate Controlling Party

The company is controlled by A Dobbs.

Page 4