REGISTERED NUMBER: 00246376 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

THE POLITICAL QUARTERLY PUBLISHING

COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Professor J Seaton

Dr B E Jackson

Ms E E Anderson

Prof P J Sloman

Ms D Lincoln

SECRETARY:

Ms C J Dekker

REGISTERED OFFICE:

Eden House

Two Rivers Business Park

Witney

Oxfordshire

OX28 4BL

REGISTERED NUMBER:

00246376 (England and Wales)

ACCOUNTANTS:

Bronsens

Chartered Certified Accountants

Eden House

Two Rivers Business Park

Witney

Oxfordshire

OX28 4BL

FIXED ASSETS

Tangible assets

4

11,963

15,950

Investments

5

356,199

385,097

368,162

401,047

CURRENT ASSETS

Debtors

6

178,261

85,118

Cash at bank

132,660

135,091

310,921

220,209

CREDITORS

Amounts falling due within one year

7

19,032

6,874

NET CURRENT ASSETS

291,889

213,335

TOTAL ASSETS LESS CURRENT LIABILITIES

660,051

614,382

CREDITORS

Amounts falling due after more than one year

8

2,090

2,090

NET ASSETS

657,961

612,292

CAPITAL AND RESERVES

Called up share capital

10

50

50

Retained earnings

657,911

612,242

SHAREHOLDERS' FUNDS

657,961

612,292

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 June 2026 and were signed on its behalf by:

Ms D Lincoln - Director

1.	STATUTORY INFORMATION

The Political Quarterly Publishing Company 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 the amounts payable to the company for the sale of magazines, books and subscriptions.

Tangible fixed assets

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

Website development

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Website

development

£

COST

At 1 January 2025

and 31 December 2025

48,238

DEPRECIATION

At 1 January 2025

32,288

Charge for year

3,987

At 31 December 2025

36,275

NET BOOK VALUE

At 31 December 2025

11,963

At 31 December 2024

15,950

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 January 2025

385,097

Additions

16,843

Disposals

(64,346

)

Revaluations

18,605

At 31 December 2025

356,199

NET BOOK VALUE

At 31 December 2025

356,199

At 31 December 2024

385,097

Cost or valuation at 31 December 2025 is represented by:

Other

investments

£

Valuation in 2025

18,605

Cost

337,594

356,199

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

178,177

84,795

VAT

84

323

178,261

85,118

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Tax

7,946

1,843

Accrued expenses

11,086

5,031

19,032

6,874

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

5% Mortgage Debentures

2,090

2,090

Amounts falling due in more than five years:

Repayable otherwise than by instalments

5% Mortgage Debentures

2,090

2,090

9.	SECURED DEBTS

The 5% mortgage debentures are secured by a floating charge on the company's undertaking.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

50

Editorial shares

£1

50

50

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Editorial and management fees were paid to the following directors in the year under review:

Professor D Sassoon - £nil (2024 - £1,515)

Professor D Mabbett - £nil (2024 - £2,424)

Dr B E Jackson - £10,036 (2024 - £9,697)

Professor W P Grant - £nil (2024 - £3,030)

Ms D Lincoln - £1,035 (2024 - £1,000)

Professor P J Sloman - £2,070 (2024 - £1,000)

Ms E E Anderson - £18,039 (2024 - £13,486)