REGISTERED NUMBER: 04898469 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

PEXTON SEARLE CRM SERVICES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P Cronin

Mr A Searle

Mrs M Cronin

Mrs L A Searle

SECRETARY:

Mr A Searle

REGISTERED OFFICE:

39 The Metro Centre

Tolpits Lane

Watford

Hertfordshire

WD18 9SB

REGISTERED NUMBER:

04898469 (England and Wales)

ACCOUNTANTS:

Meades Group Limited

39 The Metro Centre

Tolpits Lane

Watford

Hertfordshire

WD18 9SB

FIXED ASSETS

Investment property

4

500,000

500,000

CURRENT ASSETS

Cash at bank

17,954

13,676

CREDITORS

Amounts falling due within one year

5

23,178

92,796

NET CURRENT LIABILITIES

(5,224

)

(79,120

)

TOTAL ASSETS LESS CURRENT LIABILITIES

494,776

420,880

CREDITORS

Amounts falling due after more than one year

6

(62,111

)

-

PROVISIONS FOR LIABILITIES

(53,846

)

(53,846

)

NET ASSETS

378,819

367,034

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

8

161,540

161,540

Retained earnings

8

217,179

205,394

SHAREHOLDERS' FUNDS

378,819

367,034

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19th August 2025 and were signed on its behalf by:

Mr P Cronin - Director

Mr A Searle - Director

1.	STATUTORY INFORMATION

Pexton Searle Crm Services 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.

The financial statements have been prepared on the going concern basis on the assumption that the company will continue to trade for the foreseeable future, even though it had net current liabilities of £5,224 (2023 - £79,120) as at the balance sheet date.

The directors considerthe going concern basis to be appropriate as, in theiropinion, thecompany will be able to secure sufficient funding to enable it to pay its debts as they fall due.

Turnover

Turnover represents rent received, excluding value added tax.

Investment property

The company's investment property is included in the accounts at fair value and will be assessed at the end of each accounting period and adjusted accordingly. Deferred tax is provided on any revaluations, at the rate expected to apply when the property is sold.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st January 2024

and 31st December 2024

500,000

NET BOOK VALUE

At 31st December 2024

500,000

At 31st December 2023

500,000

Fair value at 31st December 2024 is represented by:

£

Valuation in 2019

200,386

Valuation in 2021

(10,000

)

Valuation in 2023

25,000

Cost

284,614

500,000

If investment property had not been revalued it would have been included at the following historical cost:

2024

2023

£

£

Cost

284,614

284,614

Investment property was valued on a market value basis on 31st December 2024 by the directors .

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

-

1,605

We Are Acuity Limited

8,667

78,000

Corporation tax

2,764

1,773

Social security and other taxes

80

-

VAT

-

1

Other creditors

8,750

8,750

Accruals and deferred income

2,917

2,667

23,178

92,796

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

We Are Acuity Limited

62,111

-

7.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

-

1,605

The bank loan is secured by the investment property of the company.

8.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1st January 2024

205,394

161,540

366,934

Profit for the year

11,785

11,785

At 31st December 2024

217,179

161,540

378,719