Pickwick Group Limited

Pickwick Group Limited
Contents Page
For the year ended 31 March 2025

Balance sheet	1
Notes to the financial statements	2

Pickwick Group Limited
Balance Sheet
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	3,674	7,602
		3,674	7,602
Current assets
Stocks		44,533	82,108
Debtors		1,417,923	1,559,550
Cash at bank and in hand		(66,624)	(43,998)
		1,395,832	1,597,660
Creditors: amount falling due within one year		(339,203)	(383,697)
Net current assets		1,056,629	1,213,963

Total assets less current liabilities		1,060,303	1,221,565
Creditors: amount falling due after more than one year		(2,467,290)	(2,172,902)
Net assets		(1,406,987)	(951,337)

Capital and reserves
Called up share capital		534,002	534,002
Profit and loss account		(1,940,989)	(1,485,339)
Shareholders' funds		(1,406,987)	(951,337)

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 22 December 2025 and were signed on its behalf by:

-------------------------------
Raymond Hartley
Director

1

Pickwick Group Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Pickwick Group Limited is a private company, limited by shares, registered in England and Wales, registration number 04299508, registration address Bois Cottage, 6 High Bois Lane, Amersham, Buckinghamshire, HP6 6DG.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

33% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 6 (2024 : 6).

3.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 April 2024	11,014	36,345	47,359
Additions	-	-	-
Disposals	-	-	-
At 31 March 2025	11,014	36,345	47,359
Depreciation
At 01 April 2024	11,014	28,742	39,756
Charge for year	-	3,929	3,929
On disposals	-	-	-
At 31 March 2025	11,014	32,671	43,685
Net book values
Closing balance as at 31 March 2025	-	3,674	3,674
Opening balance as at 01 April 2024	-	7,602	7,602

4.	Parent company The ultimate controlling party is Carlton Music Publishers Limited, a company registered in England and Wales.

2

Registered Number: 04299508
England and Wales
PICKWICK GROUP LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025