REGISTERED NUMBER: 03945204 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2026

FOR

PETHERWAY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D S Van Praagh

Mrs H W Van Praagh

SECRETARY:

D S Van Praagh

REGISTERED OFFICE:

Elson Geaves

Forest Links Road

Ferndown

Dorset

BH22 9PH

REGISTERED NUMBER:

03945204 (England and Wales)

ACCOUNTANTS:

Elson Geaves Accountants

Chartered Certified Accountants

Elson Geaves

Forest Links Road

Ferndown

Dorset

BH22 9PH

FIXED ASSETS

Tangible assets

4

1,475,000

1,475,000

CURRENT ASSETS

Debtors

5

305,286

285,329

Cash at bank

31,525

22,003

336,811

307,332

CREDITORS

Amounts falling due within one year

6

347,123

344,063

NET CURRENT LIABILITIES

(10,312

)

(36,731

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,464,688

1,438,269

CAPITAL AND RESERVES

Called up share capital

2

2

Revaluation reserve

7

360,714

360,714

Retained earnings

1,103,972

1,077,553

SHAREHOLDERS' FUNDS

1,464,688

1,438,269

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2026 and were signed on its behalf by:

Mrs H W Van Praagh - Director

1.	STATUTORY INFORMATION

Petherway Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the director compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

The investment properties were valued at £1,475,000 on 31 March 2014 by the directors, on an open market basis.

On an historical cost basis the investment properties would have been included at an original cost of £1,114,286 (2023: £1,114,286)

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

236,438

216,481

Other debtors

68,848

68,848

305,286

285,329

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

151,211

155,262

Taxation and social security

70,773

66,780

Other creditors

125,139

122,021

347,123

344,063

7.

RESERVES

Revaluation

reserve

£

At 1 April 2025

and 31 March 2026

360,714

8.	ULTIMATE CONTROLLING PARTY