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Company Registration No. 11031031 (England and Wales)
PEARSON RESIDENTIAL GROUP LTD Unaudited accounts for the year ended 31 October 2024
PEARSON RESIDENTIAL GROUP LTD Unaudited accounts Contents
Page
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PEARSON RESIDENTIAL GROUP LTD Company Information for the year ended 31 October 2024
Director
Harry Pearson
Company Number
11031031 (England and Wales)
Registered Office
C/O Williams Stanley And Co 85 Great Portland St First Floor London W1W 7LT United Kingdom
Accountants
Williams Stanley and Co
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PEARSON RESIDENTIAL GROUP LTD Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
140,000 
130,000 
Current assets
Debtors
- 
200 
Cash at bank and in hand
2,484 
4,043 
2,484 
4,243 
Creditors: amounts falling due within one year
(42,566)
(40,989)
Net current liabilities
(40,082)
(36,746)
Total assets less current liabilities
99,918 
93,254 
Creditors: amounts falling due after more than one year
(97,500)
(97,500)
Net assets/(liabilities)
2,418 
(4,246)
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
10,000 
- 
Profit and loss account
(7,583)
(4,247)
Shareholders' funds
2,418 
(4,246)
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 June 2025 and were signed on its behalf by
Harry Pearson Director Company Registration No. 11031031
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PEARSON RESIDENTIAL GROUP LTD Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
PEARSON RESIDENTIAL GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 11031031. The registered office is C/O Williams Stanley And Co, 85 Great Portland St, First Floor, London, W1W 7LT, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Fair value at 1 November 2023
130,000 
Net gain from fair value adjustments
10,000 
At 31 October 2024
140,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
200 
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PEARSON RESIDENTIAL GROUP LTD Notes to the Accounts for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
(1,165)
Loans from directors
41,966 
41,654 
Accruals
600 
500 
42,566 
40,989 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
97,500 
97,500 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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