Phoenix Technology Solutions Ltd - Abbreviated accounts

PHOENIX TECHNOLOGY SOLUTIONS LTD - Company Information

Registered number

07841478

Phoenix Technology Solutions Ltd

Report and Accounts

30 November 2017

Phoenix Technology Solutions Ltd
Balance Sheet
as at 30 November 2017

		2017			2016
£			£

Fixed assets		463			577
Current assets	20,794			24,348
	20,794			24,348
Creditors: amounts falling due within one year	(28,760)			(20,737)
Net current (liabilities)/assets		(7,966)			3,611
Total assets less current liabilities		(7,503)			4,188

Net (liabilities)/assets		(7,503)			4,188

Capital and reserves		(7,503)			4,188

The directors control the company. During the year the company paid £2196 (2016 : £208) to A Smith for use of home as office. During the year A Smith had a director's loan account with the company. The loan is interest free and there are no fixed terms of repayment. The balance outstanding at the balance sheet date was £11,593 [owed to the company] (2016 : £4,664 [owed to A Smith]) and the maximum balance outstanding during the year was £2,609 (2016 : £24,508). To the extent that any part of the loan remains outstanding by 31 August 2018 the company would be required to pay 32.5% tax, subsequently recoverable on the repayment of the loan.


The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered.




A Smith
Director
Approved by the board on 27 March 2018