Pearson Carter Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10307293 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

PEARSON CARTER LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr H S Dhaliwal

REGISTERED OFFICE:

Office 31

Spire, Pilgrim Street

Newcastle Upon Tyne

NE1 2DS

REGISTERED NUMBER:

10307293 (England and Wales)

ACCOUNTANTS:

Sullivans Chartered Accountants

13-14 Gelliwastad Road

Pontypridd

Rhondda Cynon Taf

CF37 2BW

FIXED ASSETS

Intangible assets

4

109,936

74,152

Property, plant and equipment

5

36,961

59,107

146,897

133,259

CURRENT ASSETS

Debtors

6

530,254

298,231

Cash at bank

293,091

416,109

823,345

714,340

CREDITORS

Amounts falling due within one year

7

542,918

236,453

NET CURRENT ASSETS

280,427

477,887

TOTAL ASSETS LESS CURRENT
LIABILITIES

427,324

611,146

CREDITORS

Amounts falling due after more than one
year

8

(36,737

)

(7,494

)

PROVISIONS FOR LIABILITIES

(7,183

)

(16,260

)

NET ASSETS

383,404

587,392

CAPITAL AND RESERVES

Called up share capital

11

10

Retained earnings

383,394

587,382

SHAREHOLDERS' FUNDS

383,404

587,392

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 14 May 2026 and were signed by:

Mr H S Dhaliwal - Director

1.	STATUTORY INFORMATION

Pearson Carter 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.

Going Concern

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

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is recognised as earned when, and to the extent that, the company obtains the right to consideration in exchange for services provided under the terms of business.

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.

Website & database is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

10% on cost

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 22 (2024 - 32 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 September 2024

74,152

Additions

48,000

At 31 August 2025

122,152

AMORTISATION

Charge for year

12,216

At 31 August 2025

12,216

NET BOOK VALUE

At 31 August 2025

109,936

At 31 August 2024

74,152

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 September 2024

23,599

111,770

135,369

Additions

-

23,475

Disposals

(23,599

)

-

(23,599

)

At 31 August 2025

-

135,245

DEPRECIATION

At 1 September 2024

2,067

74,195

76,262

Charge for year

2,360

24,089

26,449

Eliminated on disposal

(4,427

)

-

(4,427

)

At 31 August 2025

-

98,284

NET BOOK VALUE

At 31 August 2025

-

36,961

At 31 August 2024

21,532

37,575

59,107

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

Trade debtors

122,253

105,370

Amounts owed by group undertakings

156,464

Amounts owed by associates

71,903

-

Amounts recoverable on contract

31,793

22,400

Other debtors

147,841

13,997

530,254

298,231

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

Bank loans and overdrafts

136,542

58,872

Trade creditors

4,421

44,256

Amounts owed to group undertakings

260,000

-

Amounts owed to associates

40,000

-

Taxation and social security

52,273

57,176

Other creditors

49,682

76,149

542,918

236,453

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31/8/25

31/8/24

£

Bank loans

36,737

7,494

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/8/25

31/8/24

£

Within one year

146,951

75,000

Between one and five years

260,350

200,000

407,301

275,000

Operating lease commitments relate to office premises and business vehicles.

10.	SECURED DEBTS

The following secured debts are included within creditors:

31/8/25

31/8/24

£

Bank loans

128,550

-

During the year, the company secured bank loans, amounting to £130,000, which were secured by personal guarantees provided by a director of the company. No fee was charged by the director for providing this guarantee. At the balance sheet date, the total amount of debt for which this security is given is £121,058.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number

Class

Nominal value per share

31/08/25

31/08/24

£

7500

Ordinary A shares

£0.001

7.50

2500

Ordinary B shares

£0.001

2.50

10.00

12.	DIRECTOR'S 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

£

Mr H S Dhaliwal

Balance outstanding at start of year

-

Amounts advanced

80,000

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

80,000

-

13.	RELATED PARTY DISCLOSURES

The ultimate controlling party is H5 Holdings Limited.