A. Pearson & Sons Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00631518 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

FOR

A. PEARSON & SONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L J Pearson

A A Pearson

SECRETARY:

Mrs Y E Caputo

REGISTERED OFFICE:

Hawkesbury Garage

Aldermans Green Road

Coventry

West Midlands

CV2 1NP

REGISTERED NUMBER:

00631518 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Tangible assets

4

216,461

271,274

CURRENT ASSETS

Stocks

4,000

Debtors

5

89,550

82,096

Cash at bank and in hand

4,082,355

3,938,189

4,175,905

4,024,285

CREDITORS

Amounts falling due within one year

6

96,101

80,258

NET CURRENT ASSETS

4,079,804

3,944,027

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,296,265

4,215,301

PROVISIONS FOR LIABILITIES

88,798

89,306

NET ASSETS

4,207,467

4,125,995

CAPITAL AND RESERVES

Called up share capital

10,000

Retained earnings

4,197,467

4,115,995

SHAREHOLDERS' FUNDS

4,207,467

4,125,995

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 12 December 2025 and were signed on its behalf by:

L J Pearson - Director

A A Pearson - Director

1.	STATUTORY INFORMATION

A. Pearson & Sons 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 as modified by the revaluation of certain assets.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue contracts for provision of services is recognised by reference to completion of the contracted supply of services or materials

Tangible fixed assets

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

Freehold property

-

1% on cost- SL

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

No depreciation is charged in the year of revaluation.

Stocks

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

Financial instruments

The Company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all its financial instruments.

Financial instrumements are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously

Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

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 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

COST OR VALUATION

At 6 April 2024

and 5 April 2025

190,000

32,812

664,154

886,966

DEPRECIATION

At 6 April 2024

140,971

25,331

449,390

615,692

Charge for year

-

1,122

53,691

54,813

At 5 April 2025

140,971

26,453

503,081

670,505

NET BOOK VALUE

At 5 April 2025

49,029

6,359

161,073

216,461

At 5 April 2024

49,029

7,481

214,764

271,274

Cost or valuation at 5 April 2025 is represented by:

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

Valuation in 2003

190,000

-

190,000

Cost

-

32,812

664,154

696,966

190,000

32,812

664,154

886,966

If freehold property had not been revalued it would have been included at the following historical cost:

2025

2024

£

Cost

42,089

Aggregate depreciation

24,346

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

82,620

77,347

Other debtors

2,766

-

Prepayments

4,164

4,749

89,550

82,096

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

29,946

18,947

Corporation tax

42,939

25,777

Social security and other taxes

3,501

16,451

Proposed dividends

9,490

Other creditors

-

43

Other creditors-AAP estate

1,996

Directors' current accounts

2,804

Accrued expenses

5,425

4,750

96,101

80,258