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35,993 claims
The company's fundraising costs decreased from £4,474 to £2,691 in the year ending March 2025.
Fundraising costs 2,691 4,474
Financial · Observational claim · From Phoenix Enterprises (swindon) LTD — annual report and accounts, year ending 31 March 2025, page 16
The company's income from charitable activities decreased from £94,685 to £85,368 in the year ending March 2025.
Income from charitable activities 85,368 94,685
Financial · Observational claim · From Phoenix Enterprises (swindon) LTD — annual report and accounts, year ending 31 March 2025, page 16
The company's unrestricted funds decreased from £98,329 to £85,437 in the year ending March 2025.
Brought forward Incoming resources Outgoing resources Transfers Carried forward General Funds 78,329 113,319 106,211 - 85,437
Financial · Observational claim · From Phoenix Enterprises (swindon) LTD — annual report and accounts, year ending 31 March 2025, page 15
The company's trade creditors increased from £3,519 to £19,820 in the year ending March 2025.
Trade creditors 19,820 3,519
Financial · Observational claim · From Phoenix Enterprises (swindon) LTD — annual report and accounts, year ending 31 March 2025, page 14
The company's trade debtors decreased significantly from £36,393 to £6,566 in the year ending March 2025.
Trade debtors 6,566 36,393
Financial · Observational claim · From Phoenix Enterprises (swindon) LTD — annual report and accounts, year ending 31 March 2025, page 14
The company's equipment depreciation rate is set at 33% on a straight-line basis.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Equipment: straight line 33%
Financial · Procedural statement · From Phoenix Enterprises (swindon) LTD — annual report and accounts, year ending 31 March 2025, page 13
Phoenix Enterprises (Swindon) Ltd's pension contributions increased from £3,340 to £3,549 in the year ending March 2025.
Pension contributions 3,549 3,340
Financial · Observational claim · From Phoenix Enterprises (swindon) LTD — annual report and accounts, year ending 31 March 2025, page 14
The company's average number of employees decreased from seven to six in the year ending March 2025.
Average number of employees 6 7
Operational · Observational claim · From Phoenix Enterprises (swindon) LTD — annual report and accounts, year ending 31 March 2025, page 14
Phoenix Enterprises (Swindon) Ltd operates under the Financial Reporting Standard applicable in the UK and Republic of Ireland.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland
Financial · Procedural statement · From Phoenix Enterprises (swindon) LTD — annual report and accounts, year ending 31 March 2025, page 13
The accounts of Phoenix Enterprises (Swindon) Ltd are prepared under the historical cost convention.
The accounts have been prepared under the historical cost convention.
Financial · Procedural statement · From Phoenix Enterprises (swindon) LTD — annual report and accounts, year ending 31 March 2025, page 13
Phoenix Enterprises is focused on managing funding risks by balancing productivity with service user wellbeing.
Funding - For Phoenix to continue over the next financial year we need to focus on maintaining our production work as well as maintaining grant seeking activities. The challenge with production work is that our people suffer with mental health issues, and we need to balance the desire to maintain productivity with supporting people and reducing any associated stress.
Financial · Risk statement · From Phoenix Enterprises (swindon) LTD — annual report and accounts, year ending 31 March 2025, page 9
Phoenix Enterprises has a reserves policy of maintaining six months' operating costs by the end of 2023.
At the end of the financial year 2021, the Trustees agreed to increase our reserves policy to 4 months operating costs (previously 3 months), to be further increased to 5 months in 2022 and 6 months in 2023, subject to satisfactory financial conditions.
Financial · Policy statement · From Phoenix Enterprises (swindon) LTD — annual report and accounts, year ending 31 March 2025, page 8
Phoenix Enterprises will increase fundraising efforts due to reduced commercial income and smaller warehouse space.
Instead of 40% of operating costs being covered by commercial income, this reduces to 30%. This means we will need to be more creative in our fundraising and we will need to increase our grant application efforts.
Financial · Commitment statement · From Phoenix Enterprises (swindon) LTD — annual report and accounts, year ending 31 March 2025, page 9
Phoenix Enterprises will continue to develop partnerships with local employers for work experience opportunities.
Employment for our people we will continue to develop partnerships with local employers Amazon, Travis Perkins and GXO (previously WH Smiths), where our people do work experience and get a right to interview for vacancies.
Relational · Policy statement · From Phoenix Enterprises (swindon) LTD — annual report and accounts, year ending 31 March 2025, page 9
Phoenix Enterprises plans to budget for £72,000 in commercial income next year due to reduced warehouse size.
We are budgeting commercial income for the coming year at £72,000 which is significantly lower than previous years. This is due to the warehouse being half the size of our previous premises.
Financial · Commitment statement · From Phoenix Enterprises (swindon) LTD — annual report and accounts, year ending 31 March 2025, page 9
Phoenix Enterprises aims to maintain a balance between service user wellbeing and commercial productivity.
We are always mindful of the mental health and capability of our people who do the production work. We therefore work closely with our commercial clients to ensure we can deliver the quality of service within the timescales required we pride ourselves on maintaining a healthy balance between the wellbeing of our people and the needs of our commercial clients.
Operational · Procedural statement · From Phoenix Enterprises (swindon) LTD — annual report and accounts, year ending 31 March 2025, page 7
Phoenix Enterprises secured grants and donations totaling £144,130 from various sources.
We have had to work increasingly hard to secure grants and donations and were delighted to secure £144,130 (prior year £104,025) in grants and donations from the local council, various charitable trusts, companies and individuals, which helped the charity survive another difficult year in the challenging economic climate.
Financial · Funding statement · From Phoenix Enterprises (swindon) LTD — annual report and accounts, year ending 31 March 2025, page 8
Phoenix Enterprises incurred an extraordinary cost of £34,056 for building repairs and energy efficiency measures.
Before the Extraordinary Cost we were very pleased to have made a profit of £22,976. The one-off cost to repair Unit 2 Cheney Manor Industrial Estate to make it fit for purpose and install energy efficiency measures amounted to £34,056, resulting in a net loss of £11,080.
Financial · Funding statement · From Phoenix Enterprises (swindon) LTD — annual report and accounts, year ending 31 March 2025, page 8
Phoenix Enterprises' total operating costs increased to £239,253 due to higher rent and utility expenses.
Our total operating costs were £239,253 (prior year £227,741). This included: o Employees 4.8 FTE (6 employees) salary related costs of £168,231 (£165,321) o Annual rent £26,017 (£22,000) and utility costs of £10,019 (£5,340).
Financial · Funding statement · From Phoenix Enterprises (swindon) LTD — annual report and accounts, year ending 31 March 2025, page 8
Phoenix Enterprises' commercial income decreased by 10% to £83,367 due to the loss of a major client and premises move.
Over the financial year our commercial income was £83,367, a decrease of 10% over the prior year (£94,685).
Financial · Funding statement · From Phoenix Enterprises (swindon) LTD — annual report and accounts, year ending 31 March 2025, page 7