Company Registration No. SC670266 (Scotland)
PH Services & Solutions (PHSS)UK Limited
Unaudited accounts
for the year ended 31 August 2024
PH Services & Solutions (PHSS)UK Limited
Unaudited accounts
Contents
PH Services & Solutions (PHSS)UK Limited
Company Information
for the year ended 31 August 2024
Director
A Q Syed Mohammed
Company Number
SC670266 (Scotland)
Registered Office
FLAT 7 29B CORBIEHILL ROAD
EDINBURGH
EH4 5BQ
SCOTLAND
Accountants
Easy Tax Services
6 Drylaw Green
Edinburgh
EH4 2AZ
PH Services & Solutions (PHSS)UK Limited
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
100
100
Creditors: amounts falling due within one year
(3,537)
-
Net current (liabilities)/assets
(3,030)
100
Net (liabilities)/assets
(2,670)
100
Called up share capital
100
100
Profit and loss account
(2,770)
-
Shareholders' funds
(2,670)
100
For the year ending 31 August 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 31 May 2025 and were signed on its behalf by
A Q Syed Mohammed
Director
Company Registration No. SC670266
PH Services & Solutions (PHSS)UK Limited
Notes to the Accounts
for the year ended 31 August 2024
PH Services & Solutions (PHSS)UK Limited is a private company, limited by shares, registered in Scotland, registration number SC670266. The registered office is FLAT 7 29B CORBIEHILL ROAD, EDINBURGH, EH4 5BQ, 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.
These financial statements for the year ended 31 August 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
PH Services & Solutions (PHSS)UK Limited
Notes to the Accounts
for the year ended 31 August 2024
4
Tangible fixed assets
Computer equipment
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
3,387
-
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).