Q. PHR LIMITED

Company Registration Number:
11670477 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

Q. PHR LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Q. PHR LIMITED

Directors' report period ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Principal activities of the company

The company's principal activity during the year was that of providing Luxury goods buying and sellings as well as agents involved with commodities buying and selling to whole sale and traders.



Directors

The director shown below has held office during the whole of the period from
1 December 2023 to 30 November 2024

Richard Pawson


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
6 June 2025

And signed on behalf of the board by:
Name: Richard Pawson
Status: Director

Q. PHR LIMITED

Profit And Loss Account

for the Period Ended 30 November 2024

2024 2023


£

£
Turnover: 1,033,000 812,000
Cost of sales: ( 854,260 ) ( 739,260 )
Gross profit(or loss): 178,740 72,740
Administrative expenses: ( 21,918 ) ( 20,319 )
Operating profit(or loss): 156,822 52,421
Profit(or loss) before tax: 156,822 52,421
Tax: ( 37,810 ) ( 10,086 )
Profit(or loss) for the financial year: 119,012 42,335

Q. PHR LIMITED

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 2,885 3,606
Total fixed assets: 2,885 3,606
Current assets
Stocks: 4 308,543 115,000
Cash at bank and in hand: 45,660 91,631
Total current assets: 354,203 206,631
Creditors: amounts falling due within one year: 5 ( 39,468 ) ( 11,626 )
Net current assets (liabilities): 314,735 195,005
Total assets less current liabilities: 317,620 198,611
Total net assets (liabilities): 317,620 198,611
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 317,520 198,511
Total Shareholders' funds: 317,620 198,611

The notes form part of these financial statements

Q. PHR LIMITED

Balance sheet statements

For the year ending 30 November 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 6 June 2025
and signed on behalf of the board by:

Name: Richard Pawson
Status: Director

The notes form part of these financial statements

Q. PHR LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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 depreciation policy

    Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

    Intangible fixed assets amortisation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years

Q. PHR LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 1

Q. PHR LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2023 4,508 4,508
Additions
Disposals
Revaluations
Transfers
At 30 November 2024 4,508 4,508
Depreciation
At 1 December 2023 902 902
Charge for year 721 721
On disposals
Other adjustments
At 30 November 2024 1,623 1,623
Net book value
At 30 November 2024 2,885 2,885
At 30 November 2023 3,606 3,606

Q. PHR LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Stocks

2024 2023
£ £
Stocks 308,543 115,000
Total 308,543 115,000

Q. PHR LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 39,468 11,626
Total 39,468 11,626