2023-06-01 12624101 2024-05-31 12624101 2023-06-01 2024-05-31 12624101 2023-05-31 12624101 2022-06-01 2023-05-31 12624101 uk-core:WithinOneYear 2023-05-31 12624101 uk-core:WithinOneYear 2024-05-31 12624101 uk-core:SharePremium 2024-05-31 12624101 uk-core:SharePremium 2023-05-31 12624101 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 12624101 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 12624101 uk-bus:Director1 2023-06-01 2024-05-31 12624101 uk-core:ComputerEquipment 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure 12624101 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 12624101 uk-bus:FRS102 2023-06-01 2024-05-31 12624101 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 12624101 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
Phillip Brewer Architecture Ltd
Registered Number:12624101
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2024
Phillip Brewer Architecture Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
12624101
As at 31 May 2024
Phillip Brewer Architecture Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
1,342
1,432
2
1,342
1,432
Current assets
Inventories
1,064
2,950
3
Trade and other receivables
5,874
1,765
4
418
Cash and cash equivalents
320
5,035
7,356
Trade and other payables: amounts falling due within one
year
(15,097)
(18,631)
5
(7,741)
(13,596)
Net current liabilities
Total assets less current liabilities
(12,254)
(6,309)
(12,254)
Net liabilities
(6,309)
Capital and reserves
Share premium account
100
100
Retained earnings
(12,354)
(6,409)
(12,254)
(6,309)
Shareholders' funds
For the year ended 31 May 2024 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his 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.
Mr Phillip Brewer Director
These financial statements were approved and authorised for issue by the Board on 02 September 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 May 2024
Phillip Brewer Architecture Ltd
Notes to the Financial Statements
Statutory Information
Phillip Brewer Architecture Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 12624101.
Registered address:
90 Hallowmoor Road
Wisewood
Sheffield
S6 4XA
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.
Revenue recognition
Turnover represents the net invoiced value of architectural and CAD modelling services, excluding value added tax. Turnover is recognised on the completion of an assignment or on a hourly basis, in accordance with the contract terms, and by reference to the valuation of time spent.
Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life,
20% Reducing balance
Computer Equipment
Inventories
Income on work in progress contracts is recognised by reference to the valuation of time spent on each contract at the year end.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.
Debtors and creditors due within one year
Debtors and creditors with no stated interest rate, which are due within one year, are stated at the transaction price.
Any losses arising from impairment are recognised in the statement of comprehensive income within administrative
expenses.
Impairment
At each balance sheet date, assets are reviewed to determine whether there is any indication that any of the
individual assets have suffered an impairment. If such indication exists, the recoverable amount of the asset, or the
assest cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds
its recoverable amount, an impairment loss is recognised in the statement of comprehensive income.
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5
For the year ended 31 May 2024
Phillip Brewer Architecture Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Computer
Equipment
£
Cost or
valuation
At 01 June 2023
2,131
203
Additions
At 31 May 2024
2,334
Provision for depreciation and impairment
At 01 June 2023
699
Charge for year
293
At 31 May 2024
992
At 31 May 2024
Net book value
1,342
At 31 May 2023
1,432
3. Inventories
2023
2024
£
£
Stocks
2,950
1,064
4. Trade and other receivables
2023
2024
£
£
Trade debtors
380
4,527
Other debtors
1,385
1,347
5,874
1,765
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
13
603
Taxation and social security
972
1,919
Other creditors
17,646
12,575
18,631
15,097
6. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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