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Registered number: 07462192
Pickaweb Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2025
Accsys Accountants Limited
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Directors Palander Holdings SL
Mr David Morgan
Company Number 07462192
Registered Office Monomark House
27 Old Gloucester St
London
WC2N 3AX
Accountants Accsys Accountants Limited
Chartered Accountants
Trade Fair House 2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD
Page 1
Page 2
Balance Sheet
Registered number: 07462192
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 197,995 4,469
Investments 5 254,704 -
452,699 4,469
CURRENT ASSETS
Debtors 6 810,237 1,117,754
Cash at bank and in hand 218,734 400,653
1,028,971 1,518,407
Creditors: Amounts Falling Due Within One Year 7 (43 ) (7,907 )
NET CURRENT ASSETS (LIABILITIES) 1,028,928 1,510,500
TOTAL ASSETS LESS CURRENT LIABILITIES 1,481,627 1,514,969
NET ASSETS 1,481,627 1,514,969
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 1,481,625 1,514,967
SHAREHOLDERS' FUNDS 1,481,627 1,514,969
Page 2
Page 3
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.
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 David Morgan
Director
06/05/2026
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Pickaweb Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07462192 . The registered office is Monomark House, 27 Old Gloucester St, London, WC2N 3AX.
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. 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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are Crypto Currency. It is held under the revaluation model and tested annually for impairment, with impairment losses taken to the profit and loss account .
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
Page 4
Page 5
4. Intangible Assets
Other
£
Cost or Valuation
As at 1 January 2025 4,469
Additions 251,200
Revaluations (57,674 )
As at 31 December 2025 197,995
Net Book Value
As at 31 December 2025 197,995
As at 1 January 2025 4,469
5. Investments
Listed
£
Cost or Valuation
As at 1 January 2025 -
Additions 254,704
As at 31 December 2025 254,704
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 254,704
As at 1 January 2025 -
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 7,650 101
Due after more than one year
Other debtors 802,587 1,117,653
810,237 1,117,754
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 43 7,907
Page 5
Page 6
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 6