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Registration number: 02939635

William Pitfield and Co Ltd
Annual Report and Unaudited Financial Statements Year Ended 30 September 2025

Chartered Accountants

William Pitfield and Co Ltd

Contents

Company Information | 1
Accountants' Report | 2
Balance Sheet | 3
Notes to the Unaudited Financial Statements | 4 to 6

William Pitfield and Co Ltd

Company Information

Director | Mr Steven William Paul Steadman

Company secretary | Mrs Kathleen Hobbs

Registered office | 24 Balmoral Crescent Dorchester Dorset DT1 2BW

Accountants | Edwards and Keeping Limited Chartered Accountants Unity Chambers 34 High East Street Dorchester Dorset DT1 1HA

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
William Pitfield and Co Ltdfor the Year Ended 30 September 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of William Pitfield and Co Ltd for the year ended 30 September 2025 as set out on pages 3 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of William Pitfield and Co Ltd, as a body, in accordance with the terms of our engagement letter dated 22 October 2024. Our work has been undertaken solely to prepare for your approval the accounts of William Pitfield and Co Ltd and state those matters that we have agreed to state to the Board of Directors of William Pitfield and Co Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than William Pitfield and Co Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that William Pitfield and Co Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of William Pitfield and Co Ltd. You consider that William Pitfield and Co Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of William Pitfield and Co Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Edwards and Keeping Limited
Chartered Accountants
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

23 October 2025

William Pitfield and Co Ltd

(Registration number: 02939635)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 110,908 |  | 110,908
Current assets |  |  |  |  |
Debtors | 5 | 98 |  | 98 |
Cash at bank and in hand |  | 58,354 |  | 40,890 |
|  | 58,452 |  | 40,988 |
Creditors: Amounts falling due within one year | 6 | (6,642) |  | (5,593) |
Net current assets |  |  | 51,810 |  | 35,395
Net assets |  |  | 162,718 |  | 146,303
Capital and reserves |  |  |  |  |
Called up share capital | 7 | 100 |  | 100 |
Profit and loss account |  | 162,618 |  | 146,203 |
Shareholders' funds |  |  | 162,718 |  | 146,303

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 23 October 2025

Mr Steven William Paul Steadman
Director

William Pitfield and Co Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 30 September 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
24 Balmoral Crescent
Dorchester
Dorset
DT1 2BW

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Investment property

The Freehold Land and Buildings held as Investment Properties are stated at cost and not depreciated. In the Director's opinion, the Fair Value of the Investment Properties would not differ significantly from the original cost.

William Pitfield and Co Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 30 September 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from tenants for rent.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period,

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4 | Tangible assets

| Land and buildings £ | Total £
Cost or valuation
At 1 October 2024 | 110,908 | 110,908
At 30 September 2025 | 110,908 | 110,908
Depreciation
Carrying amount
At 30 September 2025 | 110,908 | 110,908
At 30 September 2024 | 110,908 | 110,908

Included within the net book value of land and buildings above is £110,908 (2024 - £110,908) in respect of freehold land and buildings.

William Pitfield and Co Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 30 September 2025

5 | Debtors

| 2025 £ | 2024 £
Other debtors | 98 | 98
| 98 | 98

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | - | 784
Taxation and social security | 4,266 | 3,239
Accruals and deferred income | 700 | 600
Other creditors | 1,676 | 970
| 6,642 | 5,593

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 2 | 2 | 2 | 2
Ordinary 'A' shares of £1 each | 98 | 98 | 98 | 98
| 100 | 100 | 100 | 100

8 | Dividends

Interim dividends paid

|  | 2025 £ |  | 2024 £
Interim dividend of £Nil (2024 - £500.00) per each Ordinary share |  | - |  | 1,000