REGISTERED NUMBER: 10523467 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2025

FOR

PEARSON KAVANAGH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J L Pearson

G F Pearson

REGISTERED OFFICE:

C/O Thompson Taraz Rand

Suite 20, New Cambridge House

Bassingbourn Road

Litlington

Cambridgeshire

SG8 0SS

BUSINESS ADDRESS:

Place Farmhouse

Church Road

Tostock

Bury St Edmunds

Suffolk

IP30 9PG

REGISTERED NUMBER:

10523467 (England and Wales)

ACCOUNTANTS:

Thompson Taraz Rand Ltd

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

CURRENT ASSETS

Debtors

5

91,598

147,907

Cash and cash equivalents

21,664

59,660

113,262

207,567

CREDITORS

Amounts falling due within one year

6

(110,441

)

(206,903

)

NET CURRENT ASSETS

2,821

664

TOTAL ASSETS LESS CURRENT LIABILITIES

2,821

664

CAPITAL AND RESERVES

Called up share capital

7

6

6

Retained earnings

2,815

658

SHAREHOLDERS' FUNDS

2,821

664

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

J L Pearson - Director

1.	STATUTORY INFORMATION

Pearson Kavanagh 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents property management services excluding VAT, and income is included on an earned basis.

Financial instruments

Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

4.	EMPLOYEES AND DIRECTORS

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

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

91,598

147,907

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

41,949

7,801

Other creditors

68,492

199,102

110,441

206,903

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

3

Ordinary

£1

3

3

1

Ordinary A

£1

1

1

1

Ordinary B

£1

1

1

1

Ordinary C

£1

1

1

6

6

8.	RELATED PARTY DISCLOSURES

During the year a company under common control was charged £60,000 (2024: £33,000) for services rendered.

At the balance sheet date the company was owed £60,000 (2024: £147,898) from companies under common control.

At the balance sheet date the company owed £67,392 (2024: £197,177) to companies under common control.

9.	SIGNIFICANT JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

Significant judgements

In preparing the financial statements, the directors have exercised judgement in assessing the recoverability of amounts due from, and the settlement of amounts due to, related companies. This assessment involves considering the financial position and liquidity of the related companies and the expected timing of settlement.

Key sources of estimation uncertainty

Estimation uncertainty exists in relation to the recoverability of amounts due from related companies. This requires estimating the timing and amount of future cash flows expected to be received. Actual outcomes may differ from these estimates, which could result in adjustments to the carrying amounts recognised.

Estimation uncertainty also arises in relation to amounts due to related companies, where the timing of settlement is dependent on future cash flows and the continued support of the related companies.

10.	GOING CONCERN

The directors have considered the company’s financial position and forecasts and are satisfied that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.