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REGISTERED NUMBER: 01605589 (England and Wales)















Financial Statements for the Year Ended 31 December 2024

for

Pearson Panke Limited

Pearson Panke Limited (Registered number: 01605589)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pearson Panke Limited

Company Information
for the Year Ended 31 December 2024







Directors: Mrs P B Kanter
Mr L E Johnson





Secretary: Mrs P B Kanter





Registered office: Suite 101 Moda Business Centre
Stirling Way
Borehamwood
WD6 2BW





Registered number: 01605589 (England and Wales)





Accountants: Jordan Thomas Lane
135 High Street
Great Abington
Cambridgeshire
CB21 6AE

Pearson Panke Limited (Registered number: 01605589)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £   
Fixed assets
Tangible assets 4 623 911

Current assets
Debtors 5 75,236 124,512
Cash at bank 139,219 77,914
214,455 202,426
Creditors
Amounts falling due within one year 6 112,075 56,683
Net current assets 102,380 145,743
Total assets less current liabilities 103,003 146,654

Creditors
Amounts falling due after more than one
year

7

(109,167

)

(119,167

)

Provisions for liabilities - (173 )
Net (liabilities)/assets (6,164 ) 27,314

Capital and reserves
Called up share capital 1,000 1,000
Retained earnings (7,164 ) 26,314
(6,164 ) 27,314

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Panke Limited (Registered number: 01605589)

Balance Sheet - continued
31 December 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 26 June 2025 and were signed on its behalf by:





Mr L E Johnson - Director


Pearson Panke Limited (Registered number: 01605589)

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

1. STATUTORY INFORMATION

Pearson Panke 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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
Office equipment - 33% on reducing balance

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.

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 5 (2023 - 5 ) .

Pearson Panke Limited (Registered number: 01605589)

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

4. TANGIBLE FIXED ASSETS
Plant and Office
machinery equipment Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 784 13,002 13,786
DEPRECIATION
At 1 January 2024 705 12,170 12,875
Charge for year 11 277 288
At 31 December 2024 716 12,447 13,163
NET BOOK VALUE
At 31 December 2024 68 555 623
At 31 December 2023 79 832 911

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 48,798 107,514
Other debtors 13,139 4,514
The Pearspanke Group Limited 5,790 5,415
Tax 2,600 -
Prepayments and accrued income 4,909 7,069
75,236 124,512

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other loans 10,000 10,000
Trade creditors 21,383 11,275
Tax - 2,600
VAT 37,308 31,163
Other creditors 381 545
Accruals and deferred income 43,003 1,100
112,075 56,683

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other loans 9,167 19,167
The Pearspanke Group Limited 100,000 100,000
109,167 119,167

Pearson Panke Limited (Registered number: 01605589)

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

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is The Pearspanke Group Limited.

The Pearspanke Group Limited is a company registered in England & Wales (00534215).

The registered office is:

96 North Road
High Gate
London
N6 4AA