Company Registration No. 01472354 (England and Wales)
Phoenix Agricultural Limited
Directors' Report And Unaudited Financial Statements
For The Year Ended 31 December 2019
PHOENIX AGRICULTURAL LIMITED
Phoenix Agricultural Limited
COMPANY INFORMATION
Directors
Mr R H S Dilley
Mr D Neil
Mr R J Benning
Secretary
Mr D Neil
Company number
01472354
Registered office
19-20 Addison Road
Chilton Industrial Estate
Sudbury
CO10 2YW
Accountants
Garbutt & Elliott LLP
Triune Court
Monks Cross Drive
York
YO32 9GZ
PHOENIX AGRICULTURAL LIMITED
Phoenix Agricultural Limited
CONTENTS
Page
Directors' report
1
Accountants' report
2
Balance sheet
3
Notes to the financial statements
4
PHOENIX AGRICULTURAL LIMITED
Phoenix Agricultural Limited
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2019
- 1 -
The directors present their report and unaudited financial statements for the year ended 31 December 2019.
Principal activities
The company is dormant and has not traded during the year.
Directors
The following directors have held office since 1 January 2019:
Mr R H S Dilley
Mr D Neil
Mr R J Benning
Mr P G Hill
(Resigned 9 July 2019)
On behalf of the board
Mr D Neil
Director
12 June 2020
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2019
The company has not traded during the year or the preceding financial year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
PHOENIX AGRICULTURAL LIMITED
Phoenix Agricultural Limited
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PHOENIX AGRICULTURAL LIMITED FOR THE YEAR ENDED 31 DECEMBER 2019
- 2 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Phoenix Agricultural Limited for the year ended 31 December 2019 set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the Board of Directors of Phoenix Agricultural Limited, as a body, in accordance with the terms of our engagement letter dated 24 January 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Phoenix Agricultural Limited and state those matters that we have agreed to state to the Board of Directors of Phoenix Agricultural Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Phoenix Agricultural Limited and its Board of Directors as a body, for our work or for this report.
It is your duty to ensure that Phoenix Agricultural Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Phoenix Agricultural Limited. You consider that Phoenix Agricultural Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Phoenix Agricultural Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Garbutt & Elliott LLP
12 June 2020
Chartered Accountants
Triune Court
Monks Cross Drive
York
YO32 9GZ
PHOENIX AGRICULTURAL LIMITED
Phoenix Agricultural Limited
BALANCE SHEET
AS AT
31 DECEMBER 2019
31 December 2019
- 3 -
2019
2018
Notes
£
£
Current assets
Debtors
3
1,200
1,200
Total assets less current liabilities
1,200
1,200
Capital and reserves
Called up share capital
1,200
1,200
Shareholders' funds
1,200
1,200
Audit exemption statement
For the financial year ended 31 December 2019 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 12 June 2020
Mr D Neil
Director
Company Registration No. 01472354
PHOENIX AGRICULTURAL LIMITED
Phoenix Agricultural Limited
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2019
- 4 -
1
Accounting policies
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.
These financial statements for the year ended 31 December 201
9
are prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was
1 January 2014
.
The company has not entered into any transactions since the date of transition as above, and accordingly has taken advantage of the transitional exemptions available under Section 35.10 (m) of FRS 102, permitting it to continue to prepare accounts in accordance with prior UK GAAP until any such new transactions are entered into. Accordingly, there are no adjustments arising as a result of the transition to FRS 102.
2
Employees
There were no employees during the year other than the directors of the company, who received no remuneration.
3
Debtors
2019
2018
£
£
Amounts owed by group undertakings and undertakings in which the company has a participating interest
1,200
1,200
4
Control
The immediate parent company is Pan Anglia (Country Merchants) Limited, and ultimate parent company is Con Mech Group Limited. Con Mech Group Limited is the smallest and largest group into which these financial statements are consolidated, and these group accounts can be obtained from its registered office, c/o Henry Williams Group, Dodsworth Street, Darlington, Durham, DL1 2NJ.
The ultimate controlling party is Mr R H S Dilley, a director of the company.