REGISTERED NUMBER: SC537421 (Scotland)

Financial Statements for the Year Ended 30 June 2025

for

Sharon Pearson Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms M Pearson

REGISTERED OFFICE:

c/o Rennie Smith & Co

64 Murray Place

Stirling

FK8 2BX

REGISTERED NUMBER:

SC537421 (Scotland)

FIXED ASSETS

Tangible assets

4

1,293,899

1,232,102

CURRENT ASSETS

Debtors

5

3,584

906

Cash at bank

33,930

11,126

37,514

12,032

CREDITORS

Amounts falling due within one year

6

1,447,985

1,347,622

NET CURRENT LIABILITIES

(1,410,471

)

(1,335,590

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(116,572

)

(103,488

)

CAPITAL AND RESERVES

Called up share capital

50

50

Retained earnings

(116,622

)

(103,538

)

SHAREHOLDERS' FUNDS

(116,572

)

(103,488

)

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 her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 October 2025 and were signed by:

Ms M Pearson - Director

1.	STATUTORY INFORMATION

Sharon Pearson Ltd. is a private company, limited by shares , registered in Scotland. 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.

Plant and machinery etc

-

33% on reducing balance, 20% on reducing balance and 10% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

Computer

property

property

machinery

equipment

Totals

£

£

£

£

£

COST

At 1 July 2024

1,125,675

151,844

11,527

744

1,289,790

Additions

-

69,740

-

-

69,740

At 30 June 2025

1,125,675

221,584

11,527

744

1,359,530

DEPRECIATION

At 1 July 2024

-

53,053

3,938

697

57,688

Charge for year

-

6,410

1,517

16

7,943

At 30 June 2025

-

59,463

5,455

713

65,631

NET BOOK VALUE

At 30 June 2025

1,125,675

162,121

6,072

31

1,293,899

At 30 June 2024

1,125,675

98,791

7,589

47

1,232,102

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,000

-

Other debtors

584

906

3,584

906

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

1,447,985

1,347,622

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms M Pearson.

8.	GOING CONCERN

At 30th June 2025 the company's current liabilities exceeded its assets by £1,413,471. In addition, total liabilities exceeded total assets by £119,572 as at 30th June 2025. The company is therefore dependent on the continued support of the director. The director considers it reasonable for the company to rely on this support and is not aware of any reason why that support should be withdrawn.