REGISTERED NUMBER: 09652340 (England and Wales)

Report of the Directors and

Abridged Financial Statements for the Year Ended 31 March 2025

for

Pick Holdings Limited

Page

Company Information

1

Report of the Directors

2

Abridged Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Mrs K Woodward

C P Woodward

REGISTERED OFFICE:

40 Market Place

Belper

Derbyshire

DE56 1FZ

REGISTERED NUMBER:

09652340 (England and Wales)

ACCOUNTANTS:

NRB Accountancy Limited

40 Market Place

Belper

Derbyshire

DE56 1FZ

The directors present their report with the financial statements of the company for the year ended 31 March 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

Mrs K Woodward

C P Woodward

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

C P Woodward - Director

12 December 2025

FIXED ASSETS

Tangible assets

4

587

782

Investment property

5

116,000

116,000

116,587

116,782

CURRENT ASSETS

Debtors

50

50

Cash at bank

1,690

7,147

1,740

7,197

CREDITORS

Amounts falling due within one year

58,357

57,390

NET CURRENT LIABILITIES

(56,617

)

(50,193

)

TOTAL ASSETS LESS CURRENT LIABILITIES

59,970

66,589

PROVISIONS FOR LIABILITIES

1,275

2,343

NET ASSETS

58,695

64,246

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

6

13,310

13,310

Retained earnings

45,285

50,836

SHAREHOLDERS' FUNDS

58,695

64,246

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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:

C P Woodward - Director

1.	STATUTORY INFORMATION

Pick Holdings 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.

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

2,727

DEPRECIATION

At 1 April 2024

1,945

Charge for year

195

At 31 March 2025

2,140

NET BOOK VALUE

At 31 March 2025

587

At 31 March 2024

782

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

116,000

NET BOOK VALUE

At 31 March 2025

116,000

At 31 March 2024

116,000

6.

RESERVES

Fair

value

reserve

£

At 1 April 2024

and 31 March 2025

13,310

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the directors, Mr and Mrs Woodward, introduced funds to and withdrew funds from the company by way of a director's loan account. This loan is interest free and repayable upon demand. At the year end the company owed the directors £52,152 (2024: £53,009) and this amount is included in creditors.

8.	ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by the directors', Mr and Mrs Woodward, by virtue of their majority holding of the issued share capital