Company Registration No. 12303942 (England and Wales)
PEBWORTH LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
3b Swallowfield Courtyard
Wolverhampton Road
Oldbury
West Midlands
B69 2JG
PEBWORTH LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
PEBWORTH LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,083
292
Investments
4
3,308,739
3,308,739
3,309,822
3,309,031
Current assets
Cash at bank and in hand
62,682
30,476
Creditors: amounts falling due within one year
5
(1,026,439)
(1,394,329)
Net current liabilities
(963,757)
(1,363,853)
Total assets less current liabilities
2,346,065
1,945,178
Provisions for liabilities
(271)
(73)
Net assets
2,345,794
1,945,105
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
2,345,694
1,945,005
Total equity
2,345,794
1,945,105

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

PEBWORTH LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2025
31 December 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 6 July 2026 and are signed on its behalf by:
T Scholes
Director
Company registration number 12303942 (England and Wales)
PEBWORTH LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information

Pebworth Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3b Swallowfield Courtyard, Wolverhampton Road, Oldbury, West Midlands, B69 2JG.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recover ed.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer equipment
25% Straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.

PEBWORTH LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

PEBWORTH LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 5 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.7
Provisions

Provisions are recognised when the company has a legal or constructive present obligation as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation. Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value. When a provision i s measured at present value, the unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
PEBWORTH LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 6 -
3
Tangible fixed assets
Computer equipment
£
Cost
At 1 January 2025
2,472
Additions
1,273
At 31 December 2025
3,745
Depreciation and impairment
At 1 January 2025
2,180
Depreciation charged in the year
482
At 31 December 2025
2,662
Carrying amount
At 31 December 2025
1,083
At 31 December 2024
292
4
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
3,308,739
3,308,739

The company owns 100% of the share capital of Emlist Limited, a company registered in England & Wales.

5
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
23
237
Other taxation and social security
28,296
22,772
Other creditors
996,800
1,370,000
Accruals and deferred income
1,320
1,320
1,026,439
1,394,329
PEBWORTH LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 7 -
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A shares of 1p each
4,100
4,100
41
41
Ordinary B shares of 1p each
3,900
3,900
39
39
Ordinary C shares of 1p each
2,000
2,000
20
20
10,000
10,000
100
100

Ordinary share A, B and C rank parri passu in respect of voting and distribution of profits but have separate dividend rights.

7
Related party transactions

The business has taken advantage of the available exemptions and has therefore not disclosed details of transactions in which it held a 100% interest.

8
Directors' transactions

At the year end, included within other creditors is a balance of £970,0 00 (2024: £1,370,000) owed by the company jointly to the directors, T Scholes and S Scholes.

2025-12-31 2025-01-01 false false false 06 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity T Scholes S Scholes 12303942 2025-01-01 2025-12-31 12303942 2025-12-31 12303942 2024-12-31 12303942 core:ComputerEquipment 2025-12-31 12303942 core:ComputerEquipment 2024-12-31 12303942 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 12303942 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 12303942 core:ShareCapital 2025-12-31 12303942 core:ShareCapital 2024-12-31 12303942 core:RetainedEarningsAccumulatedLosses 2025-12-31 12303942 core:RetainedEarningsAccumulatedLosses 2024-12-31 12303942 core:ShareCapitalOrdinaryShareClass1 2025-12-31 12303942 core:ShareCapitalOrdinaryShareClass1 2024-12-31 12303942 core:ShareCapitalOrdinaryShareClass2 2025-12-31 12303942 core:ShareCapitalOrdinaryShareClass2 2024-12-31 12303942 core:ShareCapitalOrdinaryShareClass3 2025-12-31 12303942 core:ShareCapitalOrdinaryShareClass3 2024-12-31 12303942 core:ShareCapitalOrdinaryShares 2025-12-31 12303942 core:ShareCapitalOrdinaryShares 2024-12-31 12303942 bus:Director1 2025-01-01 2025-12-31 12303942 core:ComputerEquipment 2025-01-01 2025-12-31 12303942 2024-01-01 2024-12-31 12303942 core:ComputerEquipment 2024-12-31 12303942 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 12303942 bus:OrdinaryShareClass2 2025-01-01 2025-12-31 12303942 bus:OrdinaryShareClass3 2025-01-01 2025-12-31 12303942 bus:OrdinaryShareClass1 2025-12-31 12303942 bus:OrdinaryShareClass1 2024-12-31 12303942 bus:OrdinaryShareClass2 2025-12-31 12303942 bus:OrdinaryShareClass2 2024-12-31 12303942 bus:OrdinaryShareClass3 2025-12-31 12303942 bus:OrdinaryShareClass3 2024-12-31 12303942 bus:AllOrdinaryShares 2025-12-31 12303942 bus:AllOrdinaryShares 2024-12-31 12303942 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 12303942 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 12303942 bus:FRS102 2025-01-01 2025-12-31 12303942 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 12303942 bus:Director2 2025-01-01 2025-12-31 12303942 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP