P H Limited - Accounts to registrar (filleted) - small 18.2
P H Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 31 August 2021 |
| for |
| P H Limited |
| P H Limited (Registered number: 01987319) |
| Contents of the Financial Statements |
| FOR THE YEAR ENDED 31 AUGUST 2021 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 | to | 3 |
| Notes to the Financial Statements | 4 | to | 7 |
| Report of the Accountants | 8 |
| P H Limited |
| Company Information |
| FOR THE YEAR ENDED 31 AUGUST 2021 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| & Statutory Auditors |
| 1 Beauchamp Court |
| 10 Victors Way |
| Barnet |
| Hertfordshire |
| EN5 5TZ |
| P H Limited (Registered number: 01987319) |
| Statement of Financial Position |
| 31 AUGUST 2021 |
| 31.8.21 | 31.8.20 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks | 6 |
| Debtors | 7 |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
9 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 11 |
| Share premium | 12 |
| Retained earnings | 12 |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| P H Limited (Registered number: 01987319) |
| Statement of Financial Position - continued |
| 31 AUGUST 2021 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| P H Limited (Registered number: 01987319) |
| Notes to the Financial Statements |
| FOR THE YEAR ENDED 31 AUGUST 2021 |
| 1. | STATUTORY INFORMATION |
| P H Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of 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. |
| Goodwill |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Freehold property | - |
| 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 year 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 statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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. |
| Pension costs and other post-retirement benefits |
| P H Limited (Registered number: 01987319) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 AUGUST 2021 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 September 2020 |
| and 31 August 2021 |
| NET BOOK VALUE |
| At 31 August 2021 |
| At 31 August 2020 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | and |
| property | fittings | Totals |
| £ | £ | £ |
| COST |
| At 1 September 2020 |
| and 31 August 2021 |
| DEPRECIATION |
| At 1 September 2020 |
| Charge for year |
| At 31 August 2021 |
| NET BOOK VALUE |
| At 31 August 2021 |
| At 31 August 2020 |
| 6. | STOCKS |
| 31.8.21 | 31.8.20 |
| £ | £ |
| Finished goods |
| 7. | DEBTORS |
| 31.8.21 | 31.8.20 |
| £ | £ |
| Amounts falling due within one year: |
| Trade debtors |
| VAT |
| P H Limited (Registered number: 01987319) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 AUGUST 2021 |
| 7. | DEBTORS - continued |
| 31.8.21 | 31.8.20 |
| £ | £ |
| Amounts falling due after more than one year: |
| Other debtors |
| Aggregate amounts |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.21 | 31.8.20 |
| £ | £ |
| Bank loans and overdrafts (see note 10) |
| Trade creditors |
| Amounts owed to group undertakings |
| Social security and other taxes |
| Directors' current accounts | 73,968 | 27,124 |
| 9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.8.21 | 31.8.20 |
| £ | £ |
| Other loans (see note 10) |
| 10. | LOANS |
| An analysis of the maturity of loans is given below: |
| 31.8.21 | 31.8.20 |
| £ | £ |
| Amounts falling due within one year or on demand: |
| Bank overdrafts |
| Amounts falling due between two and five years: |
| Other loans |
| 11. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.8.21 | 31.8.20 |
| value: | £ | £ |
| Ordinary | £1 | 1,000 | 1,000 |
| P H Limited (Registered number: 01987319) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 AUGUST 2021 |
| 12. | RESERVES |
| Retained | Share |
| earnings | premium | Totals |
| £ | £ | £ |
| At 1 September 2020 | 162,431 |
| Deficit for the year | ( |
) | ( |
) |
| At 31 August 2021 | 160,693 |
| P H Limited |
| Report of the Accountants to the Director of |
| P H Limited |
| The following reproduces the text of the report prepared for the director 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 Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies. |
| As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 August 2021 set out on pages three to nine and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| Chartered Accountants |
| & Statutory Auditors |
| 1 Beauchamp Court |
| 10 Victors Way |
| Barnet |
| Hertfordshire |
| EN5 5TZ |
| Date: ............................................. |