ACCOUNTS - Final Accounts preparation

Registered number: 12180445

PARTICULAR AUDIENCE EUROPE LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

PARTICULAR AUDIENCE EUROPE LIMITED

REGISTERED NUMBER: 12180445

BALANCE SHEET

AS AT 31 AUGUST 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		315		223
			315		223
Current assets
Debtors: amounts falling due within one year	5	137,510		160,179
Cash at bank and in hand	6	64,106		153,404
		201,616		313,583
Creditors: amounts falling due within one year	7	(1,035,106)		(1,156,528)
Net current liabilities			(833,490)		(842,945)
Total assets less current liabilities			(833,175)		(842,722)

Net liabilities			(833,175)		(842,722)

Capital and reserves
Called up share capital	1	1
Other reserves	9,451	9,451
Profit and loss account	(842,627)	(852,174)
	(833,175)	(842,722)

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PARTICULAR AUDIENCE EUROPE LIMITED

REGISTERED NUMBER: 12180445

BALANCE SHEET (CONTINUED)

AS AT 31 AUGUST 2025

The director considers 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 director acknowledges his 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 statement of income and retained earnings 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:

................................................

J W S Taylor

Director

Date: 29 May 2026

The notes on pages 3 to 7 form part of these financial statements.

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PARTICULAR AUDIENCE EUROPE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1.	General information

Particular Audience Europe Limited is a private company limited by shares and is registered and incorporated in England and Wales. The registered office is 3rd Floor The Coade, 98 Vauxhall Walk, London, United Kingdom, SE11 5EL

2.Accounting policies

2.1

Basis of preparation of financial statements

2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

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.

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PARTICULAR AUDIENCE EUROPE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.4

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.

If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

2.5

Pensions

Defined contribution pension plan

The Company contributes into a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

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, using the straight-line method.

Depreciation is provided on the following basis:

				Office equipment	-	33%
				Computer equipment	-	33%

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

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.

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PARTICULAR AUDIENCE EUROPE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.8

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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9

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.

Employees

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

4.	Tangible fixed assets

	Office equipment	Computer equipment	Total
	£	£	£
Cost or valuation
At 1 September 2024	-	5,442	5,442
Additions	315	-	315
At 31 August 2025	315	5,442	5,757
Depreciation
At 1 September 2024	-	5,218	5,218
Charge for the year on owned assets	-	224	224
At 31 August 2025	-	5,442	5,442
Net book value
At 31 August 2025	315	-	315
At 31 August 2024	-	223	223

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PARTICULAR AUDIENCE EUROPE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Debtors

					2025	2024
					£	£


Trade debtors	76,499	88,082
Amounts owed by group undertakings	61,011	64,784
Prepayments and accrued income	-	7,313
	137,510	160,179

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	64,106	153,404
	64,106	153,404

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

Trade creditors	1,481	690
Amounts owed to group undertakings	962,820	1,077,730
Other taxation and social security	16,814	18,640
Other creditors	667	667
Accruals and deferred income	53,324	58,801
	1,035,106	1,156,528

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PARTICULAR AUDIENCE EUROPE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

8.	Pension commitments

The Company contributes in to a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £2,745 (2024 - £2,737). Contributions totalling £667 (2024 - £667) were payable to the fund at the balance sheet date and are included in creditors.

9.	Related party transactions
	The company has opted not to disclose transactions between group companies, as permitted by section 33 of FRS 102.

10.	Controlling party

The immediate and ultimate controlling party of the company is Anamantic Pty Ltd, a company registered in Australia, which prepares consolidated financial statements.

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