REGISTERED NUMBER: 06231186 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Pearsons Engineering Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr N Pearson

Mrs C Pearson

SECRETARY:

Mrs C Pearson

REGISTERED OFFICE:

Wincanton House

Wincanton Close

Derby

Derbyshire

DE24 8NB

REGISTERED NUMBER:

06231186 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

4

354,206

389,195

Investment property

5

176,903

-

531,109

389,195

CURRENT ASSETS

Stocks

103,180

128,823

Debtors

6

484,563

737,580

Cash at bank

405,156

815,920

992,899

1,682,323

CREDITORS

Amounts falling due within one year

7

131,512

312,366

NET CURRENT ASSETS

861,387

1,369,957

TOTAL ASSETS LESS CURRENT LIABILITIES

1,392,496

1,759,152

PROVISIONS FOR LIABILITIES

67,300

73,947

NET ASSETS

1,325,196

1,685,205

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,325,194

1,685,203

1,325,196

1,685,205

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 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 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 Profit and Loss Account 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:

Mr N Pearson - Director

Mrs C Pearson - Director

1.	STATUTORY INFORMATION

Pearsons Engineering 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax, including, where applicable, relevant costs and overheads plus attributable profit to date recoverable on contracts. Turnover from the sale of goods is recognised when the company has transferred the significant risks and rewards of ownership to the buyer and it is probable that the agreed upon payment will be received. In relation to services, turnover is recognised in the year in which the services are provided.

Tangible fixed assets

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

Equipment

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Investment property

Investment property is not depreciated but is revalued annually at its fair value, in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". Any aggregate surplus or deficit arising from changes in fair value are taken to the profit and loss account and transferred to a fair value reserve.

Stock and work in progress

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

Cost represents the invoiced cost of materials on a first in first out basis.

Net realisable value is based on the estimated selling price less further costs expected to be incurred upon completion.

Amounts recoverable on contracts are valued at anticipated net sales value of work done after provision for contingencies and anticipated future losses on contracts.

Deferred tax

Deferred tax is recognised in respect of all material timing differences.

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.

Operating lease commitments

Rentals paid under operating leases are charged to the profit and loss account as incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

Equipment

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

488,940

10,722

354,819

9,154

863,635

Additions

7,269

-

44,516

532

52,317

Disposals

-

-

(68,671

)

-

(68,671

)

At 31 August 2025

496,209

10,722

330,664

9,686

847,281

DEPRECIATION

At 1 September 2024

285,709

7,261

174,435

7,035

474,440

Charge for year

31,259

519

44,699

1,821

78,298

Eliminated on disposal

-

-

(59,663

)

-

(59,663

)

At 31 August 2025

316,968

7,780

159,471

8,856

493,075

NET BOOK VALUE

At 31 August 2025

179,241

2,942

171,193

830

354,206

At 31 August 2024

203,231

3,461

180,384

2,119

389,195

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

176,903

At 31 August 2025

176,903

NET BOOK VALUE

At 31 August 2025

176,903

Fair value at 31 August 2025 is represented by:

£

Valuation in 2025

176,903

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

2025

2024

£

£

Cost

176,903

-

Investment property was valued on a fair value basis on 31 August 2025 by the directors .

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

322,544

563,338

Amounts recoverable on contracts

2,268

11,635

Other debtors

2,050

5,550

Directors' loan account

96,737

90,955

Prepayments and accrued income

28,316

33,688

451,915

705,166

Amounts falling due after more than one year:

Tax

32,648

32,414

Aggregate amounts

484,563

737,580

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

50,947

111,223

Tax

3,830

94,643

Social security and other taxes

60,030

90,259

Other creditors

2,380

2,939

Commercial card

4,068

4,953

Accrued expenses

10,257

8,349

131,512

312,366

8.	LEASING AGREEMENTS

The minimum lease payments on non-cancellable operating leases committed to be paid are £117,583 (2024 - £159,083).

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Interest has been charged at the official rate of interest prescribed by HM Revenue and Customs and the balance is repayable on demand.