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REGISTERED NUMBER: 00706787 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

W. Pearson & Son Limited

W. Pearson & Son Limited (Registered number: 00706787)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


W. Pearson & Son Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: M A Pearson
D M Pearson





REGISTERED OFFICE: 2 Upper Rishworth Hall
Rishworth
Sowerby Bridge
West Yorkshire
HX6 4RJ





REGISTERED NUMBER: 00706787 (England and Wales)





ACCOUNTANTS: Blenheim Advisory Limited
Chartered Certified Accountants
3 Feast Field
Horsforth
Leeds
West Yorkshire
LS18 4TJ

W. Pearson & Son Limited (Registered number: 00706787)

Balance Sheet
31 August 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 36,379 23,322

CURRENT ASSETS
Debtors 5 2,560 20,533
Cash at bank 26,139 44,297
28,699 64,830
CREDITORS
Amounts falling due within one year 6 19,976 36,447
NET CURRENT ASSETS 8,723 28,383
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,102

51,705

CREDITORS
Amounts falling due after more than
one year

7

18,631

17,837
NET ASSETS 26,471 33,868

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Retained earnings 21,471 28,868
26,471 33,868

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

W. Pearson & Son Limited (Registered number: 00706787)

Balance Sheet - continued
31 August 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 28 April 2025 and were signed on its behalf by:





M A Pearson - Director


W. Pearson & Son Limited (Registered number: 00706787)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

W. Pearson & Son 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 - 15% on reducing balance
Fixtures and fittings - 50% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

W. Pearson & Son Limited (Registered number: 00706787)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£ £ £ £ £
COST
At 1 September 2023 24,134 2,131 51,424 2,881 80,570
Additions - - 26,000 - 26,000
Disposals (18,864 ) - - - (18,864 )
At 31 August 2024 5,270 2,131 77,424 2,881 87,706
DEPRECIATION
At 1 September 2023 19,983 2,131 32,578 2,556 57,248
Charge for year 465 - 11,212 216 11,893
Eliminated on disposal (17,814 ) - - - (17,814 )
At 31 August 2024 2,634 2,131 43,790 2,772 51,327
NET BOOK VALUE
At 31 August 2024 2,636 - 33,634 109 36,379
At 31 August 2023 4,151 - 18,846 325 23,322

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Other debtors 2,560 20,533

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 6,793 5,333
Hire purchase contracts 2,614 6,565
Trade creditors 5,113 166
Taxation and social security 2,236 6,726
Other creditors 3,220 17,657
19,976 36,447

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£ £
Bank loans 5,702 17,837
Hire purchase contracts 12,929 -
18,631 17,837

W. Pearson & Son Limited (Registered number: 00706787)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

2024 2023
£ £
M A Pearson
Balance outstanding at start of year 11,409 11,307
Amounts advanced - 102
Amounts repaid (11,355 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 54 11,409