ACCOUNTS - Final Accounts

Registered number: 01909571

PSYCHOMETRIC RESEARCH & DEVELOPMENT LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2025


PSYCHOMETRIC RESEARCH & DEVELOPMENT LIMITED REGISTERED NUMBER:01909571

BALANCE SHEET

AS AT 31 AUGUST 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	6		1,144		-
			1,144		-
Current assets
Stocks		17,530		17,530
Debtors: amounts falling due within one year	7	28,910		15,483
Cash at bank and in hand		91,131		100,347
		137,571		133,360
Creditors: amounts falling due within one year	8	(14,469)		(5,400)
Net current assets			123,102		127,960
Total assets less current liabilities			124,246		127,960

Net assets			124,246		127,960

Capital and reserves
Called up share capital	9	100	100
Share premium account	10	2,400	2,400
Profit and loss account	10	121,746	125,460
		124,246	127,960

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PSYCHOMETRIC RESEARCH & DEVELOPMENT LIMITED REGISTERED NUMBER:01909571

BALANCE SHEET (CONTINUED)

AS AT 31 AUGUST 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 profit and loss account 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:

S. F. Blinkhorn

Director

Date: 15 May 2026

The notes on pages 3 to 8 form part of these financial statements.

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PSYCHOMETRIC RESEARCH & DEVELOPMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1.	General information

Psychometric Research & Development Limited is a private company limited by shares and incorporated in England & Wales under the Companies Act 2006. The address of the registered office is given on the Company information page.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. 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

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore, the directors have adopted the going concern basis of accounting in preparing the financial statements.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

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PSYCHOMETRIC RESEARCH & DEVELOPMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.5

Taxation

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 balance sheet date in the countries where the Company operates and generates income.

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as shown below.

Depreciation is provided on the following basis:

Computer equipment

Over 3 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

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PSYCHOMETRIC RESEARCH & DEVELOPMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.10

Creditors

Short term creditors are measured at the transaction price.

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. The nature of estimation means the actual outcomes could differ from those estimates.

Employees

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

Taxation

The company has £10,004 of trade losses to carry forward and utilise against future profits. No deferred tax asset has been recognised in respect of these losses during the year.

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PSYCHOMETRIC RESEARCH & DEVELOPMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

6.	Tangible fixed assets

		Computer equipment
		£
	Cost or valuation
	At 1 September 2024	13,051
	Additions	1,241
	At 31 August 2025	14,292
	Depreciation
	At 1 September 2024	13,051
	Charge for the year on owned assets	97
	At 31 August 2025	13,148
	Net book value
	At 31 August 2025	1,144
	At 31 August 2024	-

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PSYCHOMETRIC RESEARCH & DEVELOPMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Debtors

					2025	2024
					£	£


Trade debtors	-	1,157
Other debtors	26,494	12,025
Prepayments and accrued income	2,416	2,301
	28,910	15,483

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

Trade creditors	4,868	294
Corporation tax	-	25
Other creditors	6,151	1,781
Accruals and deferred income	3,450	3,300
	14,469	5,400

9.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

100 (2024 - 100) Ordinary shares of £1.00 each	100	100

10.

Reserves

Profit and loss account

The balance on the profit and loss account represents the distributable reserves of the company.

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PSYCHOMETRIC RESEARCH & DEVELOPMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

11.	Related party transactions
	The Company is related by common control to Hectare Limited and Synsemetrics Limited. During the year, license and royalty fees of £12,300 (2024: £7,598) were charged by the Company to Synsemetrics Limited. As at the balance sheet date, the company owed S. F. Blinkhorn £6,151 (2024: £1,723). As at the balance sheet date, there were balances outstanding with the following related companies:

		2025	2024
		£	£

	Synsemetrics Limited	26,136	11,376
		26,136	11,376

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