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REGISTERED NUMBER: 14392394 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Pearsons Capital Limited

Pearsons Capital Limited (Registered number: 14392394)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Pearsons Capital Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: N Pearson
C Pearson





REGISTERED OFFICE: Wincanton House
Wincanton Close
Derby
Derbyshire
DE24 8NB





REGISTERED NUMBER: 14392394 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Pearsons Capital Limited (Registered number: 14392394)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investments 4 737,361 356,377

CURRENT ASSETS
Cash at bank 14,616 29,116

CREDITORS
Amounts falling due within one year 5 2,953 1,440
NET CURRENT ASSETS 11,663 27,676
TOTAL ASSETS LESS CURRENT
LIABILITIES

749,024

384,053

PROVISIONS FOR LIABILITIES 9,200 -
NET ASSETS 739,824 384,053

CAPITAL AND RESERVES
Called up share capital 1 1
Fair value reserve 6 39,145 -
Retained earnings 700,678 384,052
739,824 384,053

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 June 2025 and were signed on its behalf by:




N Pearson - Director


Pearsons Capital Limited (Registered number: 14392394)

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

1. STATUTORY INFORMATION

Pearsons Capital 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents dividends, interest and other investment income receivable. Income is recognised when it becomes due to the company.

Investments in associates
Investments in associate undertakings are recognised at cost.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date including provision for potential tax arising on unrealised investment profit.

Fixed asset investments
Listed investments are valued at their fair value at the balance sheet date and any changes in their fair
value between the previous year end or acquisition, as applicable are recognised in the profit and loss
account and transferred to a fair value reserve.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Interest
in Listed
associate investments Totals
£    £    £   
COST OR VALUATION
At 1 November 2023 1 356,376 356,377
Additions - 407,863 407,863
Disposals - (88,186 ) (88,186 )
Revaluations - 61,307 61,307
At 31 October 2024 1 737,360 737,361
NET BOOK VALUE
At 31 October 2024 1 737,360 737,361
At 31 October 2023 1 356,376 356,377

Pearsons Capital Limited (Registered number: 14392394)

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

4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 October 2024 is represented by:

Interest
in Listed
associate investments Totals
£    £    £   
Valuation in 2024 - 737,360 737,360
Cost 1 - 1
1 737,360 737,361

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 689,014 369,338

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to associates 1,440 -
Accrued expenses 1,513 1,440
2,953 1,440

6. RESERVES
Fair
value
reserve
£   
Transfer of unrealised gains 48,345
Deferred taxation (9,200 )

At 31 October 2024 39,145