Pearce And Dale Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11007074

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		44,194		15,437

			44,194		15,437
CURRENT ASSETS
Stocks	5	128,376		101,620
Debtors	6	32,616		28,889
Cash at bank and in hand		45,818		235,278

		206,810		365,787
Creditors: Amounts Falling Due Within One Year	7	(6,801 )		(90,157 )

NET CURRENT ASSETS (LIABILITIES)			200,009		275,630

TOTAL ASSETS LESS CURRENT LIABILITIES			244,203		291,067

Creditors: Amounts Falling Due After More Than One Year	8		(559,115 )		(559,115 )

NET LIABILITIES			(314,912 )		(268,048 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(315,012 )		(268,148 )

SHAREHOLDERS' FUNDS			(314,912)		(268,048)

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Pearce And Dale Ltd

Balance Sheet (continued)

As At 31 October 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr R Simpson

Director

15/07/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Pearce And Dale Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11007074 . The registered office is 39 Clarke Road, Mount Farm, Milton Keynes, Buckinghamshire, MK1 1LG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The financial statements have been prepared on the going concern basis. The company had a balance sheet deficit of £314,912 and it is reliant on the continued support of the directors. The directors closely monitor this situation and should this support be withdrawn, adjustments will be made to the financial statements to revalue all assets to their net realisable value and provide for any further liabilities that may arise.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Over the term of the lease
Motor Vehicles	20% reducing balance basis
Fixtures & Fittings	25% reducing balance basis
Computer Equipment	25% reducing balance basis

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

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Pearce And Dale Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

4. Tangible Assets

	Land & Property
	Leasehold	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 November 2024	96,034	16,505	5,906	3,398	121,843
Additions	-	53,150	-	-	53,150
Disposals	-	(16,505 )	-	-	(16,505 )

As at 31 October 2025	96,034	53,150	5,906	3,398	158,488

Depreciation
As at 1 November 2024	96,034	3,301	4,784	2,287	106,406
Provided during the period	-	10,630	281	278	11,189
Disposals	-	(3,301 )	-	-	(3,301 )

As at 31 October 2025	96,034	10,630	5,065	2,565	114,294

Net Book Value
As at 31 October 2025	-	42,520	841	833	44,194

As at 1 November 2024	-	13,204	1,122	1,111	15,437

5. Stocks

	2025	2024
	£	£
Stock	128,376	101,620

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	2,400
Other debtors	32,616	26,489

	32,616	28,889

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	4,052	86,593
Other creditors	1,736	2,595
Taxation and social security	1,013	969

	6,801	90,157

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Pearce And Dale Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other creditors	559,115	559,115

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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