Registration number: 12282828

Barclay Simpson Europe Limited

Company Information

Directors

P Savill D Spencer

Registered office

3 New Street Square London EC4A 3BF

Accountants

EVMS Partners LLP Chartered Accountants45 Ludgate Hill London EC4M 7JU

Barclay Simpson Europe Limited

(Registration number: 12282828)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Investments	4	22,572	22,572
Current assets
Debtors	5	-	1,409
Cash at bank and in hand		49	3
		49	1,412
Creditors: Amounts falling due within one year	6	(72,749)	(74,761)
Net current liabilities		(72,700)	(73,349)
Net liabilities		(50,128)	(50,777)
Capital and reserves
Called up share capital	7	106	106
Share premium reserve		9,900	9,900
Retained earnings		(60,134)	(60,783)
Shareholders' deficit		(50,128)	(50,777)

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 15 May 2026 and signed on its behalf by:
 

......................................... P Savill Director

Barclay Simpson Europe Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: 3 New Street Square, London, EC4A 3BF.

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Summary of disclosure exemptions

The company is exempt from the requirement to prepare group accounts on the grounds that it heads a small group.

Going concern

The company's net liabilities of £50,837 include £65,458 due to the company's parent undertaking, Barclay Simpson Associates Limited. The directors have received assurances from the company's parent undertaking that amounts due to it will not be called except to the extent that the company's trading and liquidity permit for a period of not less than twelve months from the date of approval financial statements. The directors have prepared budgets and forecasts which indicate that in combination with these assurances, the company can continue to meet its liabilities for at least the twelve months from the date of approval of these financial statements. Accordingly, the directors continue to adopt the going concern assumption in the preparation of these financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises permanent placement revenue when the candidate commences their employment with the company's customer. Revenue in respect of temporary staff is recognised when the temporary staff provide their services.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Barclay Simpson Europe Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

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

Investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Financial instruments

Classification
The company does not trade in financial instruments and all such instruments arise directly from operations.

 Recognition and measurement
All trade and other debtors are initially recognised at transaction value, as none contain in substance a financing transaction. Thereafter trade and other debtors are reviewed for impairment where there is objective evidence based on observable data that the balance may be impaired. The company does not hold collateral against its trade and other receivables so its exposure to credit risk is the net balance of trade and other debtors after allowance for impairment.

The company’s cash holdings comprise on demand balances. All cash is held with banks with strong external credit ratings.

Trade and other creditors and accruals are initially recognised at transaction value as none represent a financing transaction. They are only derecognised when they are extinguished.

Liabilities are classified as current if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

As the company only has short term receivables and payables, its net current asset position is a reasonable measure of its liquidity at any given time.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Barclay Simpson Europe Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Investments

	2025 £	2024 £
Investments in subsidiaries	22,572	22,572