REGISTERED NUMBER: 01603682 (England and Wales)

Financial Statements for the Year Ended 30 September 2024

for

Pearspanke Finance Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

Mr S G Panke

Mrs P B Kanter

Secretary:

Mrs P B Kanter

Registered office:

96 North Road

Highgate

London

N6 4AA

Registered number:

01603682 (England and Wales)

Accountants:

Jordan Thomas Lane

135 High Street

Great Abington

Cambridgeshire

CB21 6AE

Current assets

Debtors

4

11,000

11,000

Investments

5

769,091

720,995

Cash at bank

2,222

64,584

782,313

796,579

Creditors

Amounts falling due within one year

6

74,614

134,595

Net current assets

707,699

661,984

Total assets less current liabilities

707,699

661,984

Capital and reserves

Called up share capital

1,000

1,000

Retained earnings

706,699

660,984

707,699

661,984

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 17 June 2025 and were signed on its behalf by:

Mr S G Panke - Director

1.	STATUTORY INFORMATION

Pearspanke Finance 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Valuation of investments

Investments in listed company shares are included at the lower of cost and market value at the balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

11,000

11,000

5.	CURRENT ASSET INVESTMENTS

2024

2023

£

£

Listed investments

750,050

679,579

Unlisted investments

19,041

41,416

769,091

720,995

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Tax

1,349

4,365

Other creditors

68,259

63,259

Directors' loan accounts

4,070

66,070

Accrued expenses

936

901

74,614

134,595

7.	RELATED PARTY DISCLOSURES

As at the balance sheet date the company owed its directors £4,070 (2023: £66,070).This loan is interest free and repayable on demand.

The company is owed £11,000 (2023: £11,000) by Miss J Kanter, who is related by virtue of being the daughter of Mrs P B Kanter, a director of the company.