Pearroc Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01850479

Pearroc Limited

Filleted Unaudited Financial Statements

For the year ended

31 December 2025

Pearroc Limited

Financial Statements

Year ended 31 December 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Pearroc Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		457,347	481,976

Current assets

Stocks		532,177	530,020
Debtors	6	1,358,100	1,055,385
Cash at bank and in hand		3,076,649	3,068,042
		------------	------------
		4,966,926	4,653,447

Creditors: amounts falling due within one year	7	1,592,442		1,390,260
		------------		------------
Net current assets			3,374,484	3,263,187
			------------	------------
Total assets less current liabilities			3,831,831	3,745,163

Provisions

Taxation including deferred tax	104,285	109,782
	------------	------------
Net assets	3,727,546	3,635,381
	------------	------------

Capital and reserves

Called up share capital	2,500	2,500
Profit and loss account	3,725,046	3,632,881
	------------	------------
Shareholders' funds	3,727,546	3,635,381
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

Pearroc Limited

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 17 June 2026 , and are signed on behalf of the board by:

J A Henstock

Director

Company registration number: 01850479

Pearroc Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 4 Beddington Cross, Beddington Farm Road, Croydon, Surrey, CR0 4XH, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The directors have reviewed the anticipated level of future trading of the company for the period of 12 months from the date of signing the financial statements. The directors acknowledge that the current economic environment continues to create uncertainty over the level of future activity and consequent demand for the company's products. The company has no overdraft facilities or long-term borrowings. The directors have reviewed their forecasts and projections to understand the impact on future trading and cash flow. Based on the forecasts the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of at least twelve months from the date of approval of the financial statements. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Corporation tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Short leasehold property	-	Over remaining lease term
Plant and machinery	-	25% straight line
Motor vehicles	-	25% straight line
Equipment	-	20% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Hire purchase contracts

Assets held under hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 35 (2024: 35 ).

5. Tangible assets

	Land and buildings	Plant and machinery	Motor vehicles	Office equipment	Total
	£	£	£	£	£
Cost
At 1 January 2025	80,987	209,507	790,229	139,610	1,220,333
Additions	–	–	163,231	–	163,231
Disposals	–	–	( 55,455)	–	( 55,455)
	--------	---------	---------	---------	------------
At 31 December 2025	80,987	209,507	898,005	139,610	1,328,109
	--------	---------	---------	---------	------------
Depreciation
At 1 January 2025	55,753	181,082	391,559	109,963	738,357
Charge for the year	2,462	14,793	160,622	9,983	187,860
Disposals	–	–	( 55,455)	–	( 55,455)
	--------	---------	---------	---------	------------
At 31 December 2025	58,215	195,875	496,726	119,946	870,762
	--------	---------	---------	---------	------------
Carrying amount
At 31 December 2025	22,772	13,632	401,279	19,664	457,347
	--------	---------	---------	---------	------------
At 31 December 2024	25,234	28,425	398,670	29,647	481,976
	--------	---------	---------	---------	------------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Motor vehicles
	£
At 31 December 2025	–
	----
At 31 December 2024	26,471
	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	991,086	717,365
Other debtors	367,014	338,020
	------------	------------
	1,358,100	1,055,385
	------------	------------

The debtors above include the following amounts falling due after more than one year:

	2025	2024
	£	£
Other debtors	156,347	165,995
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	899,457	793,648
Corporation tax	113,475	122,913
Social security and other taxes	41,810	35,710
Other creditors	537,700	437,989
	------------	------------
	1,592,442	1,390,260
	------------	------------

8. Finance leases and hire purchase contracts

The total future minimum lease payments under finance leases and hire purchase contracts are as follows:

	2025	2024
	£	£
Not later than 1 year	–	4,585
	----	-------

9. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	337,993	265,260
Later than 1 year and not later than 5 years	1,351,972	1,039,980
Later than 5 years	1,436,470	1,364,974
	------------	------------
	3,126,435	2,670,214
	------------	------------

10. Directors' advances, credits and guarantees

Included in 'Creditors:amounts due within one year' are the following amounts owed to directors. The loans are repayable on demand and are non interest bearing. J A Henstock - £174,034 (2024: £183,183) G Henstock - £130,842 (2024: £118,009) S Henstock - £ 82,006 (2024: £ 67,666)