ACCOUNTS - Final Accounts preparation

Company registration number: 10476921

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 30 NOVEMBER 2025

	PEARSON PROPERTY SERVICES LIMITED


PEARSON PROPERTY SERVICES LIMITED

COMPANY INFORMATION

Directors	J K Pearson
	G I Pearson


Registered number	10476921


Registered office	Richmond House
	Walkern Road
	Stevenage
	Herts
	SG1 3QP


Accountants	Menzies LLP
	Chartered Accountants
	Richmond House
	Walkern Road
	Stevenage
	Hertfordshire
	SG1 3QP


PEARSON PROPERTY SERVICES LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 5


PEARSON PROPERTY SERVICES LIMITED REGISTERED NUMBER:10476921

STATEMENT OF FINANCIAL POSITION

AS AT 30 NOVEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Investment property	4		740,000		740,000
			740,000		740,000
Current assets
Bank and cash balances		81,095		79,281
		81,095		79,281
Creditors: amounts falling due within one year	5	(4,097)		(4,354)
Net current assets			76,998		74,927
Total assets less current liabilities			816,998		814,927
Creditors: amounts falling due after more than one year	6		(667,777)		(673,000)
Provisions for liabilities
Deferred tax		(30,108)		(30,854)
			(30,108)		(30,854)
Net assets			119,113		111,073

Capital and reserves
Called up share capital	100	100
Investment property reserve	92,563	92,563
Profit and loss account	26,450	18,410
	119,113	111,073

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PEARSON PROPERTY SERVICES LIMITED REGISTERED NUMBER:10476921

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 NOVEMBER 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

J K Pearson

Director

Date: 30 April 2026

The notes on pages 3 to 5 form part of these financial statements.

Page 2


PEARSON PROPERTY SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

1.	General information

Pearson Property Services 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.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue represents the total invoice value, including value added tax, trade discounts and all other direct taxes made during the year.

2.3

Revenue recognition

Rental income is recognised on a straight line basis over the year in which the rental relates.

2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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PEARSON PROPERTY SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

2.Accounting policies (continued)

2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.6

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

4.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 December 2024	740,000
	At 30 November 2025	740,000

The 2025 valuations were made by the directors, on an open market value for existing use basis.

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Corporation tax	2,297	2,527
Other creditors	-	27
Accruals and deferred income	1,800	1,800
	4,097	4,354

Page 4


PEARSON PROPERTY SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

6.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Other creditors	667,777	673,000
	667,777	673,000

7.	Related party transactions
	At the balance sheet date the company owed £667,777 (2024: £673,000) to the directors. The balance can be found within creditors due within more than one year. No interest is being charged on this loan.

Page 5