Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-30falsefalse2023-10-01No description of principal activity12falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC292766 2023-10-01 2024-09-30 SC292766 2022-10-01 2023-09-30 SC292766 2024-09-30 SC292766 2023-09-30 SC292766 c:Director1 2023-10-01 2024-09-30 SC292766 c:RegisteredOffice 2023-10-01 2024-09-30 SC292766 d:FurnitureFittings 2023-10-01 2024-09-30 SC292766 d:FurnitureFittings 2024-09-30 SC292766 d:FurnitureFittings 2023-09-30 SC292766 d:ComputerEquipment 2023-10-01 2024-09-30 SC292766 d:ComputerEquipment 2024-09-30 SC292766 d:ComputerEquipment 2023-09-30 SC292766 d:Goodwill 2024-09-30 SC292766 d:Goodwill 2023-09-30 SC292766 d:CurrentFinancialInstruments 2024-09-30 SC292766 d:CurrentFinancialInstruments 2023-09-30 SC292766 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 SC292766 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 SC292766 d:ShareCapital 2024-09-30 SC292766 d:ShareCapital 2023-09-30 SC292766 d:RetainedEarningsAccumulatedLosses 2024-09-30 SC292766 d:RetainedEarningsAccumulatedLosses 2023-09-30 SC292766 c:OrdinaryShareClass1 2023-10-01 2024-09-30 SC292766 c:OrdinaryShareClass1 2024-09-30 SC292766 c:OrdinaryShareClass1 2023-09-30 SC292766 c:OrdinaryShareClass2 2023-10-01 2024-09-30 SC292766 c:OrdinaryShareClass2 2024-09-30 SC292766 c:OrdinaryShareClass2 2023-09-30 SC292766 c:EntityNoLongerTradingButTradedInPast 2023-10-01 2024-09-30 SC292766 c:FRS102 2023-10-01 2024-09-30 SC292766 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 SC292766 c:FullAccounts 2023-10-01 2024-09-30 SC292766 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC292766 e:PoundSterling 2023-10-01 2024-09-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC292766










PEEBLES FINANCIAL LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
PEEBLES FINANCIAL LIMITED
 

COMPANY INFORMATION


Director
Mr A Kerr 




Registered number
SC292766



Registered office
41 Charlotte Square

Edinburgh

EH2 4HQ




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
PEEBLES FINANCIAL LIMITED
REGISTERED NUMBER: SC292766

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
£
£

Fixed assets
  

Intangible assets
 4 
-
-

Tangible assets
 5 
-
3,662

  
-
3,662

Current assets
  

Debtors: amounts falling due within one year
 6 
110,756
422,854

Cash at bank and in hand
  
136
139

  
110,892
422,993

Creditors: amounts falling due within one year
 7 
(109,800)
(234,759)

Net current assets
  
 
 
1,092
 
 
188,234

Total assets less current liabilities
  
1,092
191,896

Provisions for liabilities
  

Deferred tax
  
(1,018)
(1,018)

  
 
 
(1,018)
 
 
(1,018)

Net assets
  
74
190,878


Capital and reserves
  

Called up share capital 
 8 
3
3

Profit and loss account
  
71
190,875

  
74
190,878


Page 1

 
PEEBLES FINANCIAL LIMITED
REGISTERED NUMBER: SC292766

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 March 2025.




Mr A Kerr
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
PEEBLES FINANCIAL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Peebles Financial Limited is limited by shares and incorporated in Scotland with registration number SC292766. The address of the registered office is 41 Charlotte Square, Edinburgh, EH2 4HQ.
The financial statements are presented in Sterling which is the functional currency of the Company and rounded to the nearest £. 
The Company ceased trading on 1 October 2023.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
PEEBLES FINANCIAL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.5

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 4

 
PEEBLES FINANCIAL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method or reducing balance method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
15%  reducing balance
Computer equipment
-
33.33% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1(2023 - 2).

Page 5

 
PEEBLES FINANCIAL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Intangible assets




Goodwill

£



Cost


At 1 October 2023
58,500



At 30 September 2024

58,500



Amortisation


At 1 October 2023
58,500



At 30 September 2024

58,500



Net book value



At 30 September 2024
-



At 30 September 2023
-




5.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£





At 1 October 2023
10,710
11,864
22,574


Transfers intra group
(10,710)
(11,864)
(22,574)



At 30 September 2024

-
-
-





At 1 October 2023
7,654
11,258
18,912


Transfers intra group
(7,654)
(11,258)
(18,912)



At 30 September 2024

-
-
-



Net book value



At 30 September 2024
-
-
-



At 30 September 2023
3,056
606
3,662

Page 6

 
PEEBLES FINANCIAL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6.


Debtors

2024
2023
£
£


Amounts owed by group companies
110,756
409,134

Prepayments and accrued income
-
13,720

110,756
422,854



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
109,800
208,932

Other creditors
-
1,194

Accruals and deferred income
-
24,633

109,800
234,759



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1.00
1
1
2 (2023 - 2) Ordinary B shares of £1.00 each
2
2

3

3



Page 7