REGISTERED NUMBER: 08943695 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

PETTIT SINGLETON ASSOCIATES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J D Dobson

REGISTERED OFFICE:

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

REGISTERED NUMBER:

08943695 (England and Wales)

ACCOUNTANTS:

Wallwork Nelson & Johnson

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

49,246

38,788

49,246

38,788

CURRENT ASSETS

Debtors

6

1,183,691

740,306

Cash at bank and in hand

160,776

310,794

1,344,467

1,051,100

CREDITORS

Amounts falling due within one year

7

804,418

608,783

NET CURRENT ASSETS

540,049

442,317

TOTAL ASSETS LESS CURRENT LIABILITIES

589,295

481,105

PROVISIONS FOR LIABILITIES

9,382

-

NET ASSETS

579,913

481,105

CAPITAL AND RESERVES

Called up share capital

8

50,100

50,100

Retained earnings

9

529,813

431,005

SHAREHOLDERS' FUNDS

579,913

481,105

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 director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 May 2026 and were signed by:

J D Dobson - Director

1.	STATUTORY INFORMATION

Pettit Singleton Associates Ltd 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.

Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of Creditors due within one year.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of eight 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.

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Tangible assets are originally stated at cost.

Taxation

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

The directors believe that the company has sufficient trade and financial resources to continue in operational existence for the foreseeable future. Thus the going concern basis of accounting in preparing the annual financial statements has been adopted.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 45 (2024 - 36 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

550,000

AMORTISATION

At 1 September 2024

and 31 August 2025

550,000

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Site

and

Computer

Equipment

fittings

equipment

Totals

£

£

£

£

COST

At 1 September 2024

967

27,224

134,811

163,002

Additions

-

901

32,019

32,920

At 31 August 2025

967

28,125

166,830

195,922

DEPRECIATION

At 1 September 2024

967

26,863

96,384

124,214

Charge for year

-

278

22,184

22,462

At 31 August 2025

967

27,141

118,568

146,676

NET BOOK VALUE

At 31 August 2025

-

984

48,262

49,246

At 31 August 2024

-

361

38,427

38,788

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Trade debtors

373,580

366,075

Amounts owed by group undertakings

439,876

-

Amounts recoverable on contract

136,564

49,462

Other debtors

233,671

324,769

1,183,691

740,306

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

£

Trade creditors

97,631

97,644

Amounts owed to group undertakings

439,693

-

Taxation and social security

173,530

141,524

Other creditors

93,564

369,615

804,418

608,783

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/8/25

31/8/24

value:

£

£

50,100

Ordinary

£1

50,100

50,100

9.

RESERVES

Retained

earnings

£

At 1 September 2024

431,005

Profit for the year

170,808

Dividends

(72,000

)

At 31 August 2025

529,813

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31/8/25

31/8/24

£

£

J D Dobson

Balance outstanding at start of year

13,037

-

Amounts advanced

86,185

13,037

Amounts repaid

(99,222

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

13,037

11.	RELATED PARTY DISCLOSURES

The Dobson Group Limited is a Holding company that owns majority shareholdings in Pettit Singleton Associates Ltd. Amount owed by group undertaking balance of £439,876 (2024:£Nil) is owed by the Dobson Group Limited.

PSA Compliance Limited is a company under the control of the directors. Amounts owed to group undertakings includes amounts owed to PSA Compliance Limited of £248,387 (2024: £239,921.95). Trade debtors includes £30,663.44 owed by PSA Compliance Limited.

Pettit Singleton Associates (Cumbria) Limited is also under control of the Directors. Amounts owed to group undertakings includes amounts owed by Pettit Singleton Associates (Cumbria) Limited of £191,306 (2024: -£65,174). Trade debtors includes £34,974.06 owed by Pettit Singleton Associates (Cumbria) Limited.

12.	ULTIMATE CONTROLLING PARTY

The company's ultimate controlling party is the Director by way of his majority share holding.