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REGISTERED NUMBER: 10253079 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

ESTATE RESEARCH PC LIMITED

ESTATE RESEARCH PC LIMITED (REGISTERED NUMBER: 10253079)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ESTATE RESEARCH PC LIMITED

COMPANY INFORMATION
for the Year Ended 30 November 2024







DIRECTOR: A Hutchings





REGISTERED OFFICE: 102 Chapel Lane
Wigan
WN3 4HG





REGISTERED NUMBER: 10253079 (England and Wales)





ACCOUNTANTS: Fairhurst Accountants Ltd
Chartered Accountants
Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB

ESTATE RESEARCH PC LIMITED (REGISTERED NUMBER: 10253079)

STATEMENT OF FINANCIAL POSITION
30 November 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 52,000 65,000
Tangible assets 5 58,262 126,866
110,262 191,866

CURRENT ASSETS
Stocks 688,000 573,000
Debtors 6 2,362,918 2,560,591
Cash at bank and in hand 4,286,705 3,024,107
7,337,623 6,157,698
CREDITORS
Amounts falling due within one year 7 2,937,190 2,449,450
NET CURRENT ASSETS 4,400,433 3,708,248
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,510,695

3,900,114

PROVISIONS FOR LIABILITIES 9,878 12,194
NET ASSETS 4,500,817 3,887,920

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 4,500,816 3,887,919
SHAREHOLDERS' FUNDS 4,500,817 3,887,920

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ESTATE RESEARCH PC LIMITED (REGISTERED NUMBER: 10253079)

STATEMENT OF FINANCIAL POSITION - continued
30 November 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 August 2025 and were signed by:





A Hutchings - Director


ESTATE RESEARCH PC LIMITED (REGISTERED NUMBER: 10253079)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Estate Research PC 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The disclosure requirements of section 1a of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The principal accounting policies adopted in the preparation of the financial statements are set out below.

Turnover
Turnover is measured at the fair value of the consideration received or receivable for services rendered and is shown net of VAT.

Turnover from the provision of services rendered is recognised when the outcome of the transaction can be reliably measured with reference to the stage of completion of the transaction at the end of the reporting period.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Intellectual property software is being amortised over its estimated useful life of 5 years.

Tangible fixed assets
Tangible fixed assets are stated cost less accumulated depreciation and impairment losses.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life;

Plant and machinery etc - 25% on reducing balance and 33% straight line

Work in progress
Work in progress is recognised in respect of services rendered for which turnover has been recognised but has not yet invoiced and is valued at the lower of cost and selling price.

Financial instruments
The company has elected to apply the provisions of FRS 102 Section 11 'Basic Financial Instruments' to all of its financial instruments.

The following assets and liabilities are classified as financial instruments; bank accounts, trade debtors, director's loan accounts, trade creditors and accruals .

Financial instruments that are payable or receivable within one year, typically bank accounts, trade debtors, director's' loan accounts, trade creditors and accruals are measured initially and subsequently at the undiscounted amount of the cash or other consideration that is expected to be paid or received.


ESTATE RESEARCH PC LIMITED (REGISTERED NUMBER: 10253079)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2024

2. ACCOUNTING POLICIES - continued
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 statement of financial position date.

Leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 35 (2023 - 27 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 December 2023
and 30 November 2024 65,000
AMORTISATION
Charge for year 13,000
At 30 November 2024 13,000
NET BOOK VALUE
At 30 November 2024 52,000
At 30 November 2023 65,000

ESTATE RESEARCH PC LIMITED (REGISTERED NUMBER: 10253079)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023 283,894
Additions 18,069
Disposals (59,000 )
At 30 November 2024 242,963
DEPRECIATION
At 1 December 2023 157,028
Charge for year 42,423
Eliminated on disposal (14,750 )
At 30 November 2024 184,701
NET BOOK VALUE
At 30 November 2024 58,262
At 30 November 2023 126,866

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,266,921 845,076
Other debtors 1,095,997 1,715,515
2,362,918 2,560,591

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 8,715 8,823
Trade creditors 288,408 263,344
Taxation and social security 1,451,275 1,048,021
Other creditors 1,188,792 1,129,262
2,937,190 2,449,450

ESTATE RESEARCH PC LIMITED (REGISTERED NUMBER: 10253079)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

2024 2023
£    £   
A Hutchings
Balance outstanding at start of year 778,230 -
Amounts advanced 294,928 778,230
Amounts repaid (838,525 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 234,633 778,230

The amount advanced was repaid to the company within nine months of the reporting date. Interest has been charged at the official rate.

9. RELATED PARTY DISCLOSURES

Estate Research Limited
A company in which A Hutchings is a director and shareholder.

During the period Estate Research Limited charged the company £554,010 (2023: £426,660) in respect of management charges.

The balance due to Estate Research Limited at the reporting date was £166,732 (2023: £138,733). This balance is unsecured and there are no fixed repayment terms.


10. ULTIMATE CONTROLLING PARTY

The controlling party is A Hutchings.