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REGISTERED NUMBER: SC122422 (Scotland)












Financial Statements

for the Year Ended 30 September 2025

for

J R Pearson (Glasgow) Limited
J R Pearson (Glasgow) Limited (Registered number: SC122422)






Contents of the Financial Statements
for the Year Ended 30 September 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J R Pearson (Glasgow) Limited

Company Information
for the Year Ended 30 September 2025







DIRECTORS: M Sutkowski
Ms P Sutkowska





REGISTERED OFFICE: Lomond Coldstore
Blackstoun Road
Renfrewshire
PA3 3AF





REGISTERED NUMBER: SC122422 (Scotland)





ACCOUNTANTS: O'Haras Chartered Accountants
Radleigh House
1 Golf Road
Clarkston
Glasgow
G76 7HU
Page 1
J R Pearson (Glasgow) Limited (Registered number: SC122422)

Balance Sheet
30 September 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 3 303,805 257,799
Investments 4 60,000 -
363,805 257,799

CURRENT ASSETS
Inventories 220,000 279,999
Debtors 5 843,601 699,501
Cash at bank and in hand 865 36,846
1,064,466 1,016,346
CREDITORS
Amounts falling due within one year 6 838,361 597,358
NET CURRENT ASSETS 226,105 418,988
TOTAL ASSETS LESS CURRENT
LIABILITIES
589,910
676,787

CREDITORS
Amounts falling due after more than one
year
7
(128,396
)
(137,737
)

PROVISIONS FOR LIABILITIES (3,264 ) (3,379 )
NET ASSETS 458,250 535,671

CAPITAL AND RESERVES
Called up share capital 8 45,200 45,200
Revaluation reserve - 275,481
Retained earnings 413,050 214,990
SHAREHOLDERS' FUNDS 458,250 535,671

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 notes form part of these financial statements

Page 2 continued...
J R Pearson (Glasgow) Limited (Registered number: SC122422)

Balance Sheet - continued
30 September 2025


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 Board of Directors and authorised for issue on 18 May 2026 and were signed on its behalf by:





M Sutkowski - Director


The notes form part of these financial statements

Page 3
J R Pearson (Glasgow) Limited (Registered number: SC122422)

Notes to the Financial Statements
for the Year Ended 30 September 2025

1. 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 as modified by the revaluation of certain assets.

Going concern
The directors are satisfied that the Company will have access to sufficient funds to ensure that all liabilities will be met as they fall due over a period of at least 12 months from the approval date of these financial statements. Consequently, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Revenue
Turnover is recognised at the fair value of the consideration received or receivable for goods and services in providing the sale of wholesale butchery products, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts,settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Freehold property - 2% on cost
Improvements to property - 2% on cost
Plant and machinery - 15% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Inventories
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Page 4 continued...
J R Pearson (Glasgow) Limited (Registered number: SC122422)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2025

1. ACCOUNTING POLICIES - continued

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.

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.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

3. PROPERTY, PLANT AND EQUIPMENT
Improvements
Freehold to Plant and
property property machinery Totals
£    £    £    £   
COST OR VALUATION
At 1 October 2024 360,000 12,256 129,485 501,741
Additions - - 62,569 62,569
At 30 September 2025 360,000 12,256 192,054 564,310
DEPRECIATION
At 1 October 2024 122,400 163 121,379 243,942
Charge for year 7,200 246 9,117 16,563
At 30 September 2025 129,600 409 130,496 260,505
NET BOOK VALUE
At 30 September 2025 230,400 11,847 61,558 303,805
At 30 September 2024 237,600 12,093 8,106 257,799

Cost or valuation at 30 September 2025 is represented by:

Improvements
Freehold to Plant and
property property machinery Totals
£    £    £    £   
Valuation in 2008 360,000 - - 360,000
Cost - 12,256 192,054 204,310
360,000 12,256 192,054 564,310

Page 5 continued...
J R Pearson (Glasgow) Limited (Registered number: SC122422)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2025

3. PROPERTY, PLANT AND EQUIPMENT - continued

If freehold property had not been revalued it would have been included at the following historical cost:

2025 2024
£    £   
Cost 123,702 123,702
Aggregate depreciation 66,175 66,175

Freehold property was valued on an open market basis basis on 7 January 2008 by D M Hall, Chartered Surveyors .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 60,000
At 30 September 2025 60,000
NET BOOK VALUE
At 30 September 2025 60,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 837,885 667,238
Other debtors 5,716 32,263
843,601 699,501

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 10,166 11,398
Trade creditors 808,693 531,588
Taxation and social security 7,377 46,533
Other creditors 12,125 7,839
838,361 597,358

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 128,396 137,737

Page 6 continued...
J R Pearson (Glasgow) Limited (Registered number: SC122422)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2025

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
45,200 Ordinary shares £1 45,200 45,200

Page 7