2021-12-01 SC491810 2022-11-30 SC491810 2021-12-01 2022-11-30 SC491810 2021-11-30 SC491810 2020-12-01 2021-11-30 SC491810 uk-core:WithinOneYear 2021-11-30 SC491810 uk-core:WithinOneYear 2022-11-30 SC491810 uk-core:ShareCapital 2022-11-30 SC491810 uk-core:ShareCapital 2021-11-30 SC491810 uk-bus:Director1 2021-12-01 2022-11-30 iso4217:GBP SC491810 uk-bus:AuditExempt-NoAccountantsReport 2021-12-01 2022-11-30 SC491810 uk-bus:FRS102 2021-12-01 2022-11-30 SC491810 uk-bus:FullAccounts 2021-12-01 2022-11-30 SC491810 uk-bus:EntityNoLongerTradingButTradedInPast 2021-12-01 2022-11-30 SC491810 uk-bus:PrivateLimitedCompanyLtd 2021-12-01 2022-11-30
Draft
Phaim Ltd
Registered Number:SC491810
For the year ended 30 November 2022
Scotland
Unaudited Financial Statements
2
Draft
For the year ended 30 November 2022
Phaim Ltd
Contents Page
1
Statement of Financial Position
2
Notes to the Financial Statements
3
Draft
Registered Number :
SC491810
As at 30 November 2022
Phaim Ltd
Statement of Financial Position
£
£
2021
2022
Notes
Fixed assets
Property, plant and equipment
180,000
180,000
2
180,000
180,000
Trade and other payables: amounts falling due within one
year
(179,900)
(179,900)
3
(179,900)
(179,900)
Net current liabilities
Total assets less current liabilities
100
100
100
Net assets
100
Capital and reserves
Called up share capital
100
100
100
100
Shareholders' funds
The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 30 November 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2022 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs Andrea Manson Director
These financial statements were approved and authorised for issue by the Board on 05 October 2023 and were signed by:
The notes form part of these financial statements
1 of 2
4
Draft
For the year ended 30 November 2022
Phaim Ltd
Notes to the Financial Statements
Statutory Information
Phaim Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number SC491810.
Registered address:
C/O St Magnus Bay Hotel
Hillswick
Shetland
ZE2 9RW
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Land and
Buildings
£
Cost or
valuation
At 01 December 2021
180,000
At 30 November 2022
180,000
At 30 November 2022
Net book value
180,000
At 30 November 2021
180,000
3. Trade and other payables: amounts falling due within one year
2021
2022
£
£
Other creditors
179,900
179,900
2 of 2