PTP Accounts Production v24.3.0.553 13357647 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh133576472023-04-30133576472024-04-30133576472023-05-012024-04-30133576472022-04-30133576472022-05-012023-04-30133576472023-04-3013357647ns15:EnglandWales2023-05-012024-04-3013357647ns14:PoundSterling2023-05-012024-04-3013357647ns10:Director12023-05-012024-04-3013357647ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3013357647ns10:SmallEntities2023-05-012024-04-3013357647ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3013357647ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3013357647ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3013357647ns10:FullAccounts2023-05-012024-04-3013357647ns10:Director22023-05-012024-04-3013357647ns10:RegisteredOffice2023-05-012024-04-3013357647ns5:CurrentFinancialInstruments2024-04-3013357647ns5:CurrentFinancialInstruments2023-04-3013357647ns5:Non-currentFinancialInstruments2024-04-3013357647ns5:Non-currentFinancialInstruments2023-04-3013357647ns5:ShareCapital2024-04-3013357647ns5:ShareCapital2023-04-3013357647ns5:RetainedEarningsAccumulatedLosses2024-04-3013357647ns5:RetainedEarningsAccumulatedLosses2023-04-3013357647ns5:PlantMachinery2023-05-012024-04-3013357647ns5:PlantMachinery2023-04-3013357647ns5:PlantMachinery2024-04-3013357647ns5:PlantMachinery2023-04-3013357647ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3013357647ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30
REGISTERED NUMBER: 13357647 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Pearson Fuels Limited

Pearson Fuels Limited (Registered number: 13357647)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pearson Fuels Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: DR Pearson
K Pearson





REGISTERED OFFICE: Railway Road
Marple
Stockport
United Kingdom
SK6 6HU





REGISTERED NUMBER: 13357647 (England and Wales)





ACCOUNTANTS: B&P Summers Accountants Limited
28A Church Lane
Marple
Stockport
Cheshire
SK6 6DE

Pearson Fuels Limited (Registered number: 13357647)

Balance Sheet
30 April 2024

30/4/24 30/4/23
Notes £    £   
FIXED ASSETS
Tangible assets 4 323,140 399,250

CURRENT ASSETS
Stocks 117,316 136,399
Debtors 5 103,303 117,581
Cash at bank 28,946 115,556
249,565 369,536
CREDITORS
Amounts falling due within one year 6 (262,425 ) (233,707 )
NET CURRENT (LIABILITIES)/ASSETS (12,860 ) 135,829
TOTAL ASSETS LESS CURRENT
LIABILITIES

310,280

535,079

CREDITORS
Amounts falling due after more than one
year

7

(253,736

)

(341,835

)
NET ASSETS 56,544 193,244

CAPITAL AND RESERVES
Called up share capital 80 80
Retained earnings 56,464 193,164
SHAREHOLDERS' FUNDS 56,544 193,244

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Pearson Fuels Limited (Registered number: 13357647)

Balance Sheet - continued
30 April 2024


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 Board of Directors and authorised for issue on 24 January 2025 and were signed on its behalf by:





DR Pearson - Director


Pearson Fuels Limited (Registered number: 13357647)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Pearson Fuels Limited is a private company, limited by shares , registered in England and Wales. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

Pearson Fuels Limited (Registered number: 13357647)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 612,682
Additions 70,148
Disposals (68,427 )
At 30 April 2024 614,403
DEPRECIATION
At 1 May 2023 213,432
Charge for year 107,767
Eliminated on disposal (29,936 )
At 30 April 2024 291,263
NET BOOK VALUE
At 30 April 2024 323,140
At 30 April 2023 399,250

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Other debtors 103,303 117,581

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Bank loans and overdrafts 14,746 -
Hire purchase contracts 100,173 109,263
Trade creditors 35,135 65,025
Taxation and social security 108,118 52,965
Other creditors 4,253 6,454
262,425 233,707

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/4/24 30/4/23
£    £   
Bank loans 34,407 -
Hire purchase contracts 219,329 341,835
253,736 341,835