Registration number: 10210515

PEW Literary Agency Limited

Contents

Company Information	1
Statement of Financial Position	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

PEW Literary Agency Limited

Company Information

Director

P E Walsh

Registered office

130 Shaftesbury Avenue 2nd Floor London W1D 5EU

Accountants

Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

PEW Literary Agency Limited

Statement of Financial Position as at 30 June 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	4,885	5,919
Current assets
Debtors	5	206,755	128,242
Cash at bank and in hand		78,144	58,083
		284,899	186,325
Creditors: Amounts falling due within one year	6	(144,252)	(73,120)
Net current assets		140,647	113,205
Total assets less current liabilities		145,532	119,124
Provisions for liabilities		(1,164)	(2,146)
Net assets		144,368	116,978
Capital and reserves
Called up share capital		100	100
Retained earnings		144,268	116,878
Shareholders' funds		144,368	116,978

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The director of PEW Literary Agency Limited has elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

PEW Literary Agency Limited

Statement of Financial Position as at 30 June 2025

Approved and authorised by the director on 4 June 2026
 

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

P E Walsh

Director

Company registration number: 10210515

PEW Literary Agency Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is that of a literary agency.

2	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company made a profit for the year ended 30 June 2025 and the statement of financial position at that date showed net assets amounting to £144,368.

The company's position in the market is well established with a wide group of authors represented and the company has continued to trade profitably subsequent to 30 June 2025.

On the basis of the above, and after making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operation existence for the foreseeable future. Accordingly, the director continues to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, rebates and discounts.

The company recognises commission as agent based upon the stage of completion and the contractual entitlement to income from the publisher.

PEW Literary Agency Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures, fittings and equipment	25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

PEW Literary Agency Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company during the year, was 3 (2024 - 3).

4	Tangible assets

	Fixtures, fittings and equipment £	Total £
Cost or valuation
At 1 July 2024	21,136	21,136
Additions	4,004	4,004
Disposals	(133)	(133)
At 30 June 2025	25,007	25,007
Depreciation
At 1 July 2024	15,217	15,217
Charge for the year	5,038	5,038
Eliminated on disposal	(133)	(133)
At 30 June 2025	20,122	20,122
Carrying amount
At 30 June 2025	4,885	4,885
At 30 June 2024	5,919	5,919

PEW Literary Agency Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

5

Debtors

	2025 £	2024 £
Trade debtors	938	6,174
Other debtors	205,817	122,068
	206,755	128,242

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Trade creditors	266	4,862
Taxation and social security	56,966	61,646
Accruals and deferred income	28,742	6,000
Other creditors	58,278	612
	144,252	73,120