REGISTERED NUMBER: 12532945 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Pear Tree Asset Rental Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Noble

Mrs H Noble

REGISTERED OFFICE:

Unit 32 British Fields

Ollerton Road

Tuxford

Newark

Nottinghamshire

NG22 0PQ

REGISTERED NUMBER:

12532945 (England and Wales)

ACCOUNTANTS:

D. K. Rumsby & Co Limited

3 Colwick Quays

Colwick

Nottingham

Nottinghamshire

NG4 2JY

FIXED ASSETS

Tangible assets

4

125,322

95,323

Investment property

5

212,531

212,531

337,853

307,854

CURRENT ASSETS

Debtors

6

62,540

3,757

Cash at bank

98,527

88,209

161,067

91,966

CREDITORS

Amounts falling due within one year

7

(88,084

)

(68,484

)

NET CURRENT ASSETS

72,983

23,482

TOTAL ASSETS LESS CURRENT LIABILITIES

410,836

331,336

CREDITORS

Amounts falling due after more than one year

8

(43,826

)

-

PROVISIONS FOR LIABILITIES

(13,689

)

(7,588

)

NET ASSETS

353,321

323,748

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

353,221

323,648

SHAREHOLDERS' FUNDS

353,321

323,748

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 23 September 2025 and were signed on its behalf by:

R Noble - Director

1.	STATUTORY INFORMATION

Pear Tree Asset Rental 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.

Tangible fixed assets

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

160,057

Additions

58,618

At 31 December 2024

218,675

DEPRECIATION

At 1 January 2024

64,734

Charge for year

28,619

At 31 December 2024

93,353

NET BOOK VALUE

At 31 December 2024

125,322

At 31 December 2023

95,323

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

212,531

NET BOOK VALUE

At 31 December 2024

212,531

At 31 December 2023

212,531

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

62,540

3,757

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

8,710

-

Trade creditors

3,655

2,787

Taxation and social security

13,569

1,799

Other creditors

62,150

63,898

88,084

68,484

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

43,826

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1.00

100

100

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

R Noble

Balance outstanding at start of year

(1,018

)

(747

)

Amounts advanced

82,150

65,374

Amounts repaid

(19,700

)

(65,645

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

61,432

(1,018

)

The amounts owed by the director was repaid within 9 months of the year end.