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REGISTERED NUMBER: 06408260 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

PETERSEN PARTNERSHIP LIMITED

PETERSEN PARTNERSHIP LIMITED (REGISTERED NUMBER: 06408260)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PETERSEN PARTNERSHIP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2025







DIRECTOR: C Petersen





REGISTERED OFFICE: Hafod Wen, Cae Rex
Llanblethian
Cowbridge
Vale Of Glamorgan
CF71 7JS





REGISTERED NUMBER: 06408260 (England and Wales)





ACCOUNTANTS: DAVID WRIGHT ACCOUNTANTS LIMITED
Unit 10
Bridgend Business Park
Bennett Street
Bridgend
Glamorgan
CF31 3SH

PETERSEN PARTNERSHIP LIMITED (REGISTERED NUMBER: 06408260)

BALANCE SHEET
30 JUNE 2025

30/6/25 30/6/24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 30,087 31,827
30,087 31,827

CURRENT ASSETS
Debtors 6 20,650 20,650
Investments 7 100,000 -
Cash at bank 184,472 219,216
305,122 239,866
CREDITORS
Amounts falling due within one year 8 51,000 38,932
NET CURRENT ASSETS 254,122 200,934
TOTAL ASSETS LESS CURRENT
LIABILITIES

284,209

232,761

PROVISIONS FOR LIABILITIES 7,522 7,957
NET ASSETS 276,687 224,804

CAPITAL AND RESERVES
Called up share capital 101 101
Revaluation reserve 9 60,000 60,000
Retained earnings 216,586 164,703
276,687 224,804

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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.

PETERSEN PARTNERSHIP LIMITED (REGISTERED NUMBER: 06408260)

BALANCE SHEET - continued
30 JUNE 2025


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 director and authorised for issue on 27 August 2025 and were signed by:





C Petersen - Director


PETERSEN PARTNERSHIP LIMITED (REGISTERED NUMBER: 06408260)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025


1. STATUTORY INFORMATION

Petersen Partnership 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

Goodwill arising on the transfer from sole trader to the limited company has been fully amortised.

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.

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 etc - 33% on cost and 15% on cost

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.

Hire purchase and 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.

PETERSEN PARTNERSHIP LIMITED (REGISTERED NUMBER: 06408260)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2025


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2024
and 30 June 2025 265,500
AMORTISATION
At 1 July 2024
and 30 June 2025 265,500
NET BOOK VALUE
At 30 June 2025 -
At 30 June 2024 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2024 22,195 34,152 56,347
Additions - 299 299
At 30 June 2025 22,195 34,451 56,646
DEPRECIATION
At 1 July 2024 - 24,520 24,520
Charge for year - 2,039 2,039
At 30 June 2025 - 26,559 26,559
NET BOOK VALUE
At 30 June 2025 22,195 7,892 30,087
At 30 June 2024 22,195 9,632 31,827

6. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30/6/25 30/6/24
£    £   
Other debtors 20,650 20,650

7. CURRENT ASSET INVESTMENTS
30/6/25 30/6/24
£    £   
Listed investments 100,000 -

PETERSEN PARTNERSHIP LIMITED (REGISTERED NUMBER: 06408260)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2025


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/25 30/6/24
£    £   
Taxation and social security 49,390 37,532
Other creditors 1,610 1,400
51,000 38,932

9. RESERVES
Revaluation
reserve
£   
At 1 July 2024
and 30 June 2025 60,000