Company No: 15702539 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

Folkert Bowler (Appointed 03 May 2024)

REGISTERED OFFICE	Bridge House Old Grantham Road
	Whatton
	Nottingham
	NG13 9FG
	United Kingdom

COMPANY NUMBER

15702539 (England and Wales)

ACCOUNTANTS	Tuerner & Co Limited
	Bridge House
	Old Grantham Road
	Whatton
	Nottingham
	NG13 9FG

	Note	31.05.2025
		£
Current assets
Stocks		195,363
Debtors	3	516,248
Cash at bank and in hand		96,225
		807,836
Creditors: amounts falling due within one year	4	( 978,746)
Net current liabilities		(170,910)
Total assets less current liabilities		(170,910)
Net liabilities		( 170,910)
Capital and reserves
Called-up share capital	5	1
Profit and loss account		( 170,911 )
Total shareholder's deficit		( 170,910)

For the financial period ending 31 May 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 member has not required the company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Income Statement has not been delivered.

The financial statements of Pick'em Ventures Limited (registered number: 15702539) were approved and authorised for issue by the Director on 12 August 2026. They were signed on its behalf by:

Folkert Bowler Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Pick'em Ventures Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is Bridge House Old Grantham Road, Whatton, Nottingham, NG13 9FG, United Kingdom.

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The accounts have been prepared under the going concern concept due to the fact that the company has the continued support of the group. The director has been given assurance that this support will continue for the foreseeable future.

Reporting period length

These financial statements are for a 13 month period from incorporation to 31 May 2025.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Income Statement in the period in which they arise.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the average cost method. Provisions are made for obsolete, slow-moving or defective items where appropriate.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

2. Employees

	Period from 03.05.2024 to 31.05.2025
	Number
Monthly average number of persons employed by the company during the period, including the director	0

3. Debtors

	31.05.2025
	£
Trade debtors	21,727
Amounts owed by group undertakings	489,848
Other debtors	4,673
	516,248

4. Creditors: amounts falling due within one year

	31.05.2025
	£
Trade creditors	823
Amounts owed to group undertakings	796,215
Other taxation and social security	140,158
Other creditors	41,550
	978,746

5. Called-up share capital

	31.05.2025
	£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00	1

During the period 1 Ordinary share with an aggregate nominal value of £1 was issued at par.

6. PARENT COMPANY

The ultimate holding company is Pick'Em GmbH, a company incorporated in Germany.