Phoenix & Partners Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 04094399 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

PHOENIX & PARTNERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R N Phoenix

SECRETARY:

Mrs E R Phoenix

REGISTERED OFFICE:

72 Newman Street

London

W1T 3EH

REGISTERED NUMBER:

04094399 (England and Wales)

ACCOUNTANTS:

Graham Latham Limited

Hedge House

Hangersley Hill

Ringwood

Hampshire

BH24 3JW

FIXED ASSETS

Tangible assets

4

611

916

CURRENT ASSETS

Debtors

5

670

3,820

Cash at bank

2,681

380

3,351

4,200

CREDITORS

Amounts falling due within one year

6

33,334

31,486

NET CURRENT LIABILITIES

(29,983

)

(27,286

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(29,372

)

(26,370

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(29,373

)

(26,371

)

SHAREHOLDERS' FUNDS

(29,372

)

(26,370

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 29 January 2018 and were signed by:

R N Phoenix - Director

1.	STATUTORY INFORMATION

Phoenix & Partners 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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 etc

-

33% on cost and 15% on cost

Going concern

These accounts have been prepared on the going concern basis, assuming that the director will continue to

provide financial support to the company to enable it to meet its liabilities as they fall due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL.

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

and 31 March 2017

12,844

DEPRECIATION

At 1 April 2016

11,928

Charge for year

305

At 31 March 2017

12,233

NET BOOK VALUE

At 31 March 2017

611

At 31 March 2016

916

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

-

2,902

Other debtors

670

918

670

3,820

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade creditors

-

2,100

Taxation and social security

2,931

305

Other creditors

30,403

29,081

33,334

31,486

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2017 and

31 March 2016:

31.3.17

31.3.16

£

£

R N Phoenix

Balance outstanding at start of year

(25,370

)

(14,084

)

Amounts advanced

-

9,193

Amounts repaid

(2,385

)

(20,479

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(27,755

)

(25,370

)

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R N Phoenix.