Caseware UK (AP4) 2023.0.135 2023.0.135 2024-11-302024-11-30false2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-12-012No description of principal activityfalsetruefalse 10476921 2023-12-01 2024-11-30 10476921 2022-12-01 2023-11-30 10476921 2024-11-30 10476921 2023-11-30 10476921 c:Director1 2023-12-01 2024-11-30 10476921 c:Director2 2023-12-01 2024-11-30 10476921 c:RegisteredOffice 2023-12-01 2024-11-30 10476921 d:FreeholdInvestmentProperty 2024-11-30 10476921 d:FreeholdInvestmentProperty 2023-11-30 10476921 d:CurrentFinancialInstruments 2024-11-30 10476921 d:CurrentFinancialInstruments 2023-11-30 10476921 d:Non-currentFinancialInstruments 2024-11-30 10476921 d:Non-currentFinancialInstruments 2023-11-30 10476921 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 10476921 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 10476921 d:Non-currentFinancialInstruments d:AfterOneYear 2024-11-30 10476921 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 10476921 d:ShareCapital 2024-11-30 10476921 d:ShareCapital 2023-11-30 10476921 d:InvestmentPropertiesRevaluationReserve 2024-11-30 10476921 d:InvestmentPropertiesRevaluationReserve 2023-11-30 10476921 d:RetainedEarningsAccumulatedLosses 2024-11-30 10476921 d:RetainedEarningsAccumulatedLosses 2023-11-30 10476921 c:FRS102 2023-12-01 2024-11-30 10476921 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 10476921 c:FullAccounts 2023-12-01 2024-11-30 10476921 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 10476921 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure
Company registration number: 10476921







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 NOVEMBER 2024


PEARSON PROPERTY SERVICES LIMITED






































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PEARSON PROPERTY SERVICES LIMITED
 


 
COMPANY INFORMATION


Directors
J K Pearson 
G I Pearson 




Registered number
10476921



Registered office
Richmond House
Walkern Road

Stevenage

Herts

SG1 3QP




Accountants
Menzies LLP
Chartered Accountants

Richmond House

Walkern Road

Stevenage

Herts

SG1 3QP





 


PEARSON PROPERTY SERVICES LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 5


 


PEARSON PROPERTY SERVICES LIMITED
REGISTERED NUMBER:10476921



STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
740,000
740,000

  
740,000
740,000

Current assets
  

Bank and cash balances
  
79,281
75,443

  
79,281
75,443

Creditors: amounts falling due within one year
 5 
(4,354)
(3,288)

Net current assets
  
 
 
74,927
 
 
72,155

Total assets less current liabilities
  
814,927
812,155

Creditors: amounts falling due after more than one year
 6 
(673,000)
(673,000)

Provisions for liabilities
  

Deferred tax
  
(30,854)
(30,854)

  
 
 
(30,854)
 
 
(30,854)

Net assets
  
111,073
108,301


Capital and reserves
  

Called up share capital 
  
100
100

Investment property reserve
  
92,563
92,563

Profit and loss account
  
18,410
15,638

  
111,073
108,301


Page 1

 


PEARSON PROPERTY SERVICES LIMITED
REGISTERED NUMBER:10476921


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

The directors consider 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 directors acknowledge their 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 by: 




................................................
J K Pearson
Director

Date: 12 March 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


PEARSON PROPERTY SERVICES LIMITED
 


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

1.


General information

Pearson Property Services 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.
The presentation currency of the financial statements is the Pound Sterling (£).

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

Revenue

Revenue represents the total invoice value, including value added tax, trade discounts and all other direct taxes made during the year.

  
2.3

Revenue recognition

Rental income is recognised on a straight line basis over the year in which the rental relates.

 
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 income 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.

Page 3

 


PEARSON PROPERTY SERVICES LIMITED
 


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

2.Accounting policies (continued)

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.6

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.


3.


Employees

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


4.


Investment property


Freehold investment property

£



Valuation


At 1 December 2023
740,000



At 30 November 2024
740,000

The 2024 valuations were made by the directors, on an open market value for existing use basis.





5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
2,527
1,100

Other creditors
27
388

Accruals and deferred income
1,800
1,800

4,354
3,288


Page 4

 


PEARSON PROPERTY SERVICES LIMITED
 


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

6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
673,000
673,000

673,000
673,000



7.


Related party transactions

At the balance sheet date the company owed £27 (2023: £388) to the directors. The balance can be found within creditors due within one year. No interest is being charged on this loan.
At the balance sheet date the company owed £673,000 (2023: £673,000) to the directors. The balance can be found within creditors due within more than one year. No interest is being charged on this loan.

 
Page 5