Phoenix Group (Europe) Limited - Period Ending 2021-12-31

Phoenix Group (Europe) Limited - Period Ending 2021-12-31


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Registration number: 03202608

Phoenix Group (Europe) Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2021

 

Phoenix Group (Europe) Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

2

 

Phoenix Group (Europe) Limited

Company Information

Directors

Mr Michael Daren Rippingale

Miss Patchara Thongnugul

Registered office

29A Turbine Way
Ecotech Business Park
Swaffham
PE37 7XD

Accountants

AKM Accounting Solutions
Basepoint Business Centre
377 - 399 London Road
Camberley
Surrey
GU15 3HL

 

Phoenix Group (Europe) Limited

(Registration number: 03202608)
Balance Sheet as at 31 December 2021

2021
£

2020
£

Fixed assets

902

1,804

Current assets

182,955

135,496

Creditors: Amounts falling due within one year

(83,114)

(69,858)

Net current assets

99,841

65,638

Total assets less current liabilities

100,743

67,442

Creditors: Amounts falling due after more than one year

(94,205)

(78,071)

Accruals and deferred income

(2,400)

(2,400)

 

4,138

(13,029)

Capital and reserves

4,138

(13,029)

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
29A Turbine Way
Ecotech Business Park
Swaffham
PE37 7XD

These financial statements were authorised for issue by the Board on 4 April 2022.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2020 - 4).

3

Related party transactions

Transactions with directors

 

Phoenix Group (Europe) Limited

(Registration number: 03202608)
Balance Sheet as at 31 December 2021

2021

At 1 January 2021
£

Advances to directors
£

Repayments by director
£

At 31 December 2021
£

Mr Michael Daren Rippingale

Loan to Director - interest is charged on balances over £10,000 at 2.25% p.a.

13,488

24,827

(25,272)

13,043

         
       

Miss Patchara Thongnugul

Loan to Director - interest is charged on balances over £10,000 at 2.25% p.a

13,488

24,827

(25,272)

13,043

         
       

 

2020

At 1 January 2020
£

Advances to directors
£

Repayments by director
£

At 31 December 2020
£

Mr Michael Daren Rippingale

Loan to Director - interest is charged on balances over £10,000 at 2.25% p.a.

8,745

18,934

(14,191)

13,488

         
       

Miss Patchara Thongnugul

Loan to Director - interest is charged on balances over £10,000 at 2.25% p.a

8,745

18,934

(14,191)

13,488

         
       

 

For the financial year ending 31 December 2021 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 of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 4 April 2022 and signed on its behalf by:
 

.........................................
Mr Michael Daren Rippingale
Director