B.G. Pearce Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04259037 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

B.G. PEARCE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs H Pearce

Mr P Pearce

Mrs P Pearce

Mr L Pearce

Mr A Pearce

REGISTERED OFFICE:

Woodlands

Cheriton Bishop

Exeter

Devon

EX6 6HH

REGISTERED NUMBER:

04259037 (England and Wales)

ACCOUNTANTS:

Pugsley Revill

18 High West Street

Dorchester

Dorset

DT1 1UW

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

2,979,605

3,137,165

2,979,605

3,137,165

CURRENT ASSETS

Stocks

86,480

Debtors

6

594,850

607,393

Cash at bank and in hand

1,242,188

52,350

1,923,518

746,223

CREDITORS

Amounts falling due within one year

7

1,189,983

387,983

NET CURRENT ASSETS

733,535

358,240

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,713,140

3,495,405

PROVISIONS FOR LIABILITIES

8

554,772

589,829

NET ASSETS

3,158,368

2,905,576

CAPITAL AND RESERVES

Called up share capital

9

3,224

Retained earnings

3,155,144

2,902,352

SHAREHOLDERS' FUNDS

3,158,368

2,905,576

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 April 2026 and were signed on its behalf by:

Mrs H Pearce - Director

1.	STATUTORY INFORMATION

B.G. Pearce 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Fixtures , fittings and equipment

-

25% on reducing balance

Stocks

Stocks and work in progress 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 and in the case of work in progress a proportion of attributable

profit.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2024 - 21 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

260,000

AMORTISATION

At 1 September 2024

and 31 August 2025

260,000

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Improvements

, fittings

to

Plant and

Motor

and

property

machinery

vehicles

equipment

Totals

£

COST

At 1 September 2024

161,044

1,386,188

2,634,575

174,349

4,356,156

Additions

-

369,435

1,060,960

152,847

1,583,242

Disposals

-

(21,750

)

(1,333,533

)

-

(1,355,283

)

At 31 August 2025

161,044

1,733,873

2,362,002

327,196

4,584,115

DEPRECIATION

At 1 September 2024

-

406,008

663,101

149,882

1,218,991

Charge for year

-

235,176

344,232

44,329

623,737

Eliminated on disposal

-

(4,814

)

(233,404

)

-

(238,218

)

At 31 August 2025

-

636,370

773,929

194,211

1,604,510

NET BOOK VALUE

At 31 August 2025

161,044

1,097,503

1,588,073

132,985

2,979,605

At 31 August 2024

161,044

980,180

1,971,474

24,467

3,137,165

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

518,528

546,073

Other debtors

76,322

61,320

594,850

607,393

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

205,032

305,952

Taxation and social security

219,463

-

Other creditors

765,488

82,031

1,189,983

387,983

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

554,772

589,829

Deferred

tax

£

Balance at 1 September 2024

589,829

Credit to Statement of Income and Retained Earnings during year

(35,057

)

Balance at 31 August 2025

554,772

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

1

Ordinary 'C'

£1

1

Ordinary 'D'

£1

1

Ordinary 'E'

£1

1

Ordinary 'F'

£1

1

4

Allotted and issued:

Number:

Class:

Nominal

2025

2024

value:

£

1,200

Share capital 1

£1

1,200

1,020

Share capital 2

£1

1,020

1,000

Share capital 7

£1

1,000

3,220

Ordinary 'B' to 'G' shares are non voting shares.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

Mr B G Pearce

Balance outstanding at start of year

-

24,643

Amounts advanced

-

5,422

Amounts repaid

-

(30,065

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

Mrs H Pearce

Balance outstanding at start of year

-

24,643

Amounts advanced

-

5,422

Amounts repaid

-

(30,065

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

Mr P Pearce

Balance outstanding at start of year

-

24,643

Amounts advanced

-

5,422

Amounts repaid

-

(30,065

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

Mrs A J Pearce

Balance outstanding at start of year

-

24,643

Amounts advanced

-

5,422

Amounts repaid

-

(30,065

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

Mrs P Pearce

Balance outstanding at start of year

-

24,643

Amounts advanced

-

5,422

Amounts repaid

-

(30,065

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

Mr T Pearce

Balance outstanding at start of year

-

24,643

Amounts advanced

-

5,422

Amounts repaid

-

(30,065

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-