1 December 2022 false No description of principal activity Taxfiler 2024.5 SC509415business:PrivateLimitedCompanyLtd2022-12-012023-11-30 SC5094152022-11-30 SC5094152022-12-012023-11-30 SC509415business:AuditExempt-NoAccountantsReport2022-12-012023-11-30 SC509415business:FilletedAccounts2022-12-012023-11-30 SC5094152023-11-30 SC509415business:Director12022-12-012023-11-30 SC509415business:Director22022-12-012023-11-30 SC509415business:RegisteredOffice2022-12-012023-11-30 SC5094152022-11-30 SC509415core:WithinOneYear2023-11-30 SC509415core:WithinOneYear2022-11-30 SC509415core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 SC509415core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 SC509415core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 SC509415core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 SC509415core:PreviouslyStatedAmount2023-11-30 SC509415core:PreviouslyStatedAmount2022-11-30 SC509415business:SmallEntities2022-12-012023-11-30 SC509415countries:Scotland2022-12-012023-11-30 SC509415core:ComputerEquipment2022-12-012023-11-30 SC509415core:ComputerEquipment2022-11-30 SC509415core:ComputerEquipment2023-11-30 SC509415business:OrdinaryShareClass12022-12-012023-11-30 SC509415business:OrdinaryShareClass12021-12-012022-11-30 SC5094152021-12-012022-11-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC509415 (Scotland)
PH Barclay Limited Unaudited accounts for the year ended 30 November 2023
PH Barclay Limited Unaudited accounts Contents
Page
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PH Barclay Limited Company Information for the year ended 30 November 2023
Directors
Peter Homewood Barclay Catherine Fiona Barclay
Company Number
SC509415 (Scotland)
Registered Office
5 Warriston Grove Edinburgh Midlothian EH3 5NH Scotland
Accountants
Allsquare (Edinburgh) Ltd Federation House 222-224 Queensferry Road Edinburgh EH4 2BN
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PH Barclay Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
318 
637 
Current assets
Debtors
65,805 
35,200 
Cash at bank and in hand
190,626 
342,189 
256,431 
377,389 
Creditors: amounts falling due within one year
(34,254)
(35,861)
Net current assets
222,177 
341,528 
Total assets less current liabilities
222,495 
342,165 
Provisions for liabilities
Deferred tax
(60)
(121)
Net assets
222,435 
342,044 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
222,335 
341,944 
Shareholders' funds
222,435 
342,044 
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2024 and were signed on its behalf by
Peter Homewood Barclay Director Company Registration No. SC509415
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PH Barclay Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
PH Barclay Limited is a private company, limited by shares, registered in Scotland, registration number SC509415. The registered office is 5 Warriston Grove, Edinburgh, Midlothian, EH3 5NH, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover represents the value, net of VAT and discounts, of work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% straight line
Work in progress
Work in progress is valued at the net realisable value of work completed which has not been invoiced at the year end date.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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PH Barclay Limited Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2022
2,746 
At 30 November 2023
2,746 
Depreciation
At 1 December 2022
2,109 
Charge for the year
319 
At 30 November 2023
2,428 
Net book value
At 30 November 2023
318 
At 30 November 2022
637 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
40,805 
10,200 
Other debtors
25,000 
25,000 
65,805 
35,200 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
32,167 
34,801 
Loans from directors
947 
(80)
Accruals
1,140 
1,140 
34,254 
35,861 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Transactions with related parties
Peter Homewood Barclay Included in 'Loans from directors' is an amount of £947 due to (2022: £80 due from) the director, Peter Homewood Barclay, to the company. The loan is interest free and has no fixed terms for repayment.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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