If you go to Reporting > Assessment > Statutory Assessment (tab) you will find the report called Phonics Reports to Parents.
In this report, select the year the Phonics test was taken, and the academic year you wish to report on, then click Choose. This will bring up the result for each child, and an explanation for the Phonics outcome score:
If you download the report to portrait Word, it will produce an A4 page for each student.