REGISTERED NUMBER: 04692863 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Pedarson Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P J Richardson

D N Richardson

REGISTERED OFFICE:

Unit 16 Martlesham Creek Ind Est

Sandy Lane

Martlesham

Woodbridge

Suffolk

IP12 4SD

REGISTERED NUMBER:

04692863 (England and Wales)

ACCOUNTANTS:

FWD Accounts Limited

7 Forbes Business Centre

Kempson Way

Bury St Edmunds

Suffolk

IP32 7AR

FIXED ASSETS

Tangible assets

3

68,449

82,549

Investments

4

18,015

17,955

86,464

100,504

CURRENT ASSETS

Stocks

1,308,938

980,769

Debtors

5

362,075

175,236

Cash at bank and in hand

1,089,946

1,105,448

2,760,959

2,261,453

CREDITORS

Amounts falling due within one year

6

758,046

577,073

NET CURRENT ASSETS

2,002,913

1,684,380

TOTAL ASSETS LESS CURRENT LIABILITIES

2,089,377

1,784,884

PROVISIONS FOR LIABILITIES

17,112

20,637

NET ASSETS

2,072,265

1,764,247

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,072,165

1,764,147

2,072,265

1,764,247

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 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 Board of Directors and authorised for issue on 20 October 2025 and were signed on its behalf by:

P J Richardson - Director

D N Richardson - Director

1.	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

-

25% on reducing balance and 20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 19 ) .

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

176,959

Additions

3,013

At 31 March 2025

179,972

DEPRECIATION

At 1 April 2024

94,410

Charge for year

17,113

At 31 March 2025

111,523

NET BOOK VALUE

At 31 March 2025

68,449

At 31 March 2024

82,549

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

17,955

Additions

60

At 31 March 2025

18,015

NET BOOK VALUE

At 31 March 2025

18,015

At 31 March 2024

17,955

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

254,160

165,001

Other debtors

107,915

10,235

362,075

175,236

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

262,085

157,762

Taxation and social security

427,670

341,118

Other creditors

68,291

78,193

758,046

577,073