Peirson Services Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04548050

Peirson Services Limited

Unaudited financial statements

30 September 2025

Peirson Services Limited

Statement of financial position

30 September 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Intangible assets	5	259,000	296,000
Tangible assets	6	133,119	144,308
		---------	---------
		392,119	440,308

Current assets

Stocks		17,998	18,233
Debtors	7	124,943	97,569
Cash at bank and in hand		1,588,490	1,282,979
		-----------	-----------
		1,731,431	1,398,781

Creditors: Amounts falling due within one year	8	( 255,126)		( 228,438)
		-----------		-----------
Net current assets			1,476,305		1,170,343
			-----------		-----------
Total assets less current liabilities			1,868,424		1,610,651

Provisions

Taxation including deferred tax	( 32,452)	( 35,068)
	-----------	-----------
Net assets	1,835,972	1,575,583
	-----------	-----------

Capital and reserves

Called up share capital	1,002	1,002
Profit and loss account	1,834,970	1,574,581
	-----------	-----------
Shareholders funds	1,835,972	1,575,583
	-----------	-----------

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 income statement has not been delivered.

For the year ending 30 September 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 financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Peirson Services Limited

Statement of financial position (continued)

30 September 2025

These financial statements were approved by the board of directors and authorised for issue on 16 June 2026 , and are signed on behalf of the board by:

Mr J Q Peirson
Director

Company registration number: 04548050

Peirson Services Limited

Notes to the financial statements

Year ended 30 September 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 8 The Elms, St. Faiths Road, Norwich, Norfolk, NR67BP.

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.

Judgements and key sources of estimation uncertainty

No significant judgements, estimations and uncertainties have arisen in the preparation of the financial statements.

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.

Income tax

Provision is made, under the liability method, to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

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.

Goodwill

Goodwill is measured at cost less accumulated amortisation. It is amortised on a straight-line basis over its estimated useful life.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	Written off over ten years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and 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:

Plant and machinery	-	15% reducing balance
Fixtures and fittings	-	15% reducing balance
Motor vehicles	-	15% reducing balance
Computer equipment	-	33% straight line

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

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. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of employees during the year was 16 (2024: 15 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 October 2024 and 30 September 2025	370,000
	---------
Amortisation
At 1 October 2024	74,000
Charge for the year	37,000
	---------
At 30 September 2025	111,000
	---------
Carrying amount
At 30 September 2025	259,000
	---------
At 30 September 2024	296,000
	---------

6. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 October 2024	255,136	35,516	69,988	14,864	375,504
Additions	14,400	–	–	–	14,400
	---------	-------	-------	-------	---------
At 30 September 2025	269,536	35,516	69,988	14,864	389,904
	---------	-------	-------	-------	---------
Depreciation
At 1 October 2024	192,233	9,855	26,656	2,452	231,196
Charge for the year	10,335	3,849	6,500	4,905	25,589
	---------	-------	-------	-------	---------
At 30 September 2025	202,568	13,704	33,156	7,357	256,785
	---------	-------	-------	-------	---------
Carrying amount
At 30 September 2025	66,968	21,812	36,832	7,507	133,119
	---------	-------	-------	-------	---------
At 30 September 2024	62,903	25,661	43,332	12,412	144,308
	---------	-------	-------	-------	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	105,714	90,119
Other debtors	19,229	7,450
	---------	-------
	124,943	97,569
	---------	-------

8. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Trade creditors	17,082	10,132
Social security and other taxes	127,762	71,611
Other creditors	110,282	146,695
	---------	---------
	255,126	228,438
	---------	---------

9. Operating leases

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

	2025	2024
	£	£
Not later than 1 year	27,000	27,000
Later than 1 year and not later than 5 years	108,000	108,000
Later than 5 years	27,000	54,000
	---------	---------
	162,000	189,000
	---------	---------