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REGISTERED NUMBER: SC352198 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

PBE (Holdings) Limited

PBE (Holdings) Limited (Registered number: SC352198)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PBE (Holdings) Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: K J Hope



REGISTERED OFFICE: East Gate
Royal Highland Centre
Ingliston
Edinburgh
EH28 8NF



REGISTERED NUMBER: SC352198 (Scotland)



ACCOUNTANTS: J S Accounting Services Limited
13-15 Morningside Drive
EDINBURGH
EH10 5LZ



SOLICITORS: Lindsays WS
Caledonian Exchange
19A Canning Street
Edinburgh
EH3 8HE

PBE (Holdings) Limited (Registered number: SC352198)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1 1

CURRENT ASSETS
Debtors 5 320,947 200,960
Cash at bank 11,436 92,180
332,383 293,140
CREDITORS
Amounts falling due within one year 6 710 710
NET CURRENT ASSETS 331,673 292,430
TOTAL ASSETS LESS CURRENT
LIABILITIES

331,674

292,431

CAPITAL AND RESERVES
Called up share capital 10,190 10,190
Capital redemption reserve 6,360 6,360
Retained earnings 315,124 275,881
SHAREHOLDERS' FUNDS 331,674 292,431

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 August 2024 and were signed by:





K J Hope - Director


PBE (Holdings) Limited (Registered number: SC352198)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

PBE (Holdings) Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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 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 other future taxable profits.

Investments
Long Term Investments are described as participating interests and are classified as fixed assets.

Participating interests are stated at cost in the company balance sheet. Other investments listed on a recognised stock exchange are valued at the balance sheet date. Unlisted investments are stated at cost.

Provision is made for any impairment in the value of fixed asset investment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 January 2023
and 31 December 2023 1
NET BOOK VALUE
At 31 December 2023 1
At 31 December 2022 1

PBE (Holdings) Limited (Registered number: SC352198)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 December 2023 is represented by:

Other
investments
£   
Valuation in 2023 1

If fixed asset investments had not been revalued they would have been included at the following historical cost:

31.12.23 31.12.22
£    £   
Cost 1 1
Aggregate provisions (1 ) (1 )

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Amounts owed by group undertakings 320,947 200,960

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors 710 710

7. RELATED PARTY TRANSACTIONS

Pratt Bros (Exhibitions) Limited paid dividends to PBE(Holdings) Limited amounting to £220,000 (2022:£200,000). At 31 December 2023 the company was due £320,947 (2022: £200,960) to PBE(Holdings) Limited.

Dividends amounting to £80,000 (2022: £18,000) were paid to K Hope Director. Dividends amounting to £100,000 (2022: £100,000) were paid to J Hope, a close family member of K Hope.

8. ULTIMATE CONTROLLING PARTY

The controlling party is K J Hope.