REGISTERED NUMBER: 14120691 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

PAYMENT BEAR LIMITED

Page

Company Information

1

Balance Sheet

2

DIRECTORS:

S Devine

C W G Miller

REGISTERED OFFICE:

Second Floor Ridgeland House

15 Carfax

Horsham

West Sussex

RH12 1ER

REGISTERED NUMBER:

14120691 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Horsham) Limited

Ridgeland House

15 Carfax

Horsham

West Sussex

RH12 1ER

FIXED ASSETS

4,164

5,590

CURRENT ASSETS

23,712

53,398

CREDITORS

Amounts falling due within one year

(1,053,000

)

(731,919

)

NET CURRENT LIABILITIES

(1,029,288

)

(678,521

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,025,124

)

(672,931

)

CAPITAL AND RESERVES

(1,025,124

)

(672,931

)

NOTES TO THE FINANCIAL STATEMENTS

1.	GOING CONCERN

The directors consider it appropriate to prepare financial statements on the going concern basis as they are of the opinion that financial support from a connected company will remain in place, sufficient to enable Payment Bear Limited to meet its liabilities as they fall due. The company's activities are under ongoing review and level of insolvency continually monitored.

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 3 (2024 - 4 ) .

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

C W G Miller - Director