Registration number: 13130288

Black Pear Creative Limited

Contents

Company Information	1
Abridged Balance Sheet	2 to 3
Notes to the Unaudited Abridged Financial Statements	4 to 8

Black Pear Creative Limited

Company Information

Directors

Mr Paul Bennett Mr Neil Johnson

Registered office

Unit 4 11-29 Fashion Street London E1 6PX

Black Pear Creative Limited

(Registration number: 13130288)
Abridged Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	-	991
Current assets
Stocks	5	-	17,936
Debtors	6	526,515	254,814
Cash at bank and in hand		8,843	14,161
		535,358	286,911
Prepayments and accrued income		2,936	8,383
Creditors: Amounts falling due within one year		(261,196)	(137,153)
Net current assets		277,098	158,141
Total assets less current liabilities		277,098	159,132
Accruals and deferred income		(210,595)	(138,852)
Net assets		66,503	20,280
Capital and reserves
Called up share capital	7	100	100
Retained earnings		66,403	20,180
Shareholders' funds		66,503	20,280

For the financial period 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 accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Black Pear Creative Limited

(Registration number: 13130288)
Abridged Balance Sheet as at 31 December 2025

Approved and authorised by the Board on 14 August 2026 and signed on its behalf by:
 

.........................................

Mr Paul Bennett

Director

.........................................

Mr Neil Johnson

Director

Black Pear Creative Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 1 October 2024 to 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Unit 4 11-29 Fashion Street
London
E1 6PX

These financial statements were authorised for issue by the Board on 14 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Black Pear Creative Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 1 October 2024 to 31 December 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	17% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Black Pear Creative Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 1 October 2024 to 31 December 2025

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 3 (2024 - 2).

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 October 2024	2,974	2,974
At 31 December 2025	2,974	2,974
Depreciation
At 1 October 2024	1,983	1,983
Charge for the period	991	991
At 31 December 2025	2,974	2,974
Carrying amount
At 31 December 2025	-	-
At 30 September 2024	991	991

5

Stocks

	2025 £	2024 £
Work in progress	-	17,936

6

Debtors

Debtors includes £Nil (2024 - £Nil) due after more than one year.

Black Pear Creative Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 1 October 2024 to 31 December 2025

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

8

Dividends

		2025		2024
		£		£
Interim dividend of £Nil (2024 - £1,748.57) per ordinary share		82,500		61,200

9	Related party transactions

Summary of transactions with parent

WHJE Limited owns 65% of the share capital of Black Pear Creative Limited
 WHJE LImited has a loan relationship with Black Pear Creative Limited

During the year, WHJE Limited provided management and operational support to Black Pear Creative Limited, and Black Pear Creative LImited provided events services to WHJE Limited.


 

Summary of transactions with entities with joint control or significant interest

WHJE Limited owns 65% of the share capital of Black Pear Creative Limited and 60% of Hut Eight Digital Development Limited.
 

Income and receivables from related parties

2025	Parent £
Receipt of services	1,049,955
Amounts receivable from related party	124,875

2024	Parent £
Receipt of services	506,911
Amounts receivable from related party	155,212

Expenditure with and payables to related parties

Black Pear Creative Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 1 October 2024 to 31 December 2025

2025	Parent £	Entities with joint control or significant influence £
Rendering of services	138,216	11,184
Amounts payable to related party	52,704	11,184

2024	Parent £
Rendering of services	68,200
Amounts payable to related party	21,960

Loans to related parties

2025	Parent £	Total £
At start of period	4,607	4,607
Advanced	181,013	181,013
Repaid	(41,389)	(41,389)
At end of period	144,231	144,231

2024	Parent £	Total £
Advanced	4,607	4,607
At end of period	4,607	4,607

Loans from related parties

2024	Parent £	Total £
At start of period	32,190	32,190
Repaid	(32,190)	(32,190)
At end of period	-	-