Pagefield Communications Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07339479 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

PAGEFIELD COMMUNICATIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr O J Foster

Mr R Smits

Mr T Gensemer

REGISTERED OFFICE:

16 Dufour's Place

London

W1F 7SP

REGISTERED NUMBER:

07339479 (England and Wales)

AUDITORS:

Freemans Partnership LLP

Chartered Certified Accountants

and Statutory Auditors

Solar House

282 Chase Road

London

N14 6NZ

FIXED ASSETS

Tangible assets

4

7,320

33,616

CURRENT ASSETS

Debtors

5

2,984,581

2,116,016

Cash at bank

1,690,418

1,693,563

4,674,999

3,809,579

CREDITORS

Amounts falling due within one year

6

1,542,310

2,245,270

NET CURRENT ASSETS

3,132,689

1,564,309

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,140,009

1,597,925

PROVISIONS FOR LIABILITIES

7

1,830

224,004

NET ASSETS

3,138,179

1,373,921

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

9

3,138,079

1,373,821

SHAREHOLDERS' FUNDS

3,138,179

1,373,921

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2026 and were signed on its behalf by:

Mr R Smits - Director

1.	STATUTORY INFORMATION

Pagefield Communications 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.

The preparation of the financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates, it also requires management to exercise judgement in applying the Company's accounting policies.

The financial statements are prepared in sterling, which is the functional currency of the limited company. Amounts in these financial statements are rounded to the nearest £.

Going concern

The Directors have prepared budgets for the next 12 months and after making appropriate judgements the Directors have reasonable expectations that the Company has adequate resources to continue operating for the foreseeable future.

The Company has net assets of £3.14m at the end of the period, including cash of £1.69m. The Directors are satisfied that the Company has sufficient resources to meet its commitments as they fall due for the twelve months following the date of signing of the accounts.

The Directors have therefore prepared the financial statements on a going concern basis.

Significant judgements and estimates

Key sources of estimation uncertainty

The preparation of the financial statements in conformity with generally accepted accounting principles requires the Directors to make estimations and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results in the future could differ from those estimates. In this regard, the Directors believe that the critical accounting policies where judgments or estimations are necessarily applied are summarised below.

Provisions - (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

Critical judgements in applying the entity's accounting policies

There are no critical judgements when applying the accounting policy which materially affect the amounts in the accounts.

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 rendering of services of communications consultancy and is recognised in the financial statements 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

Straight line over 6 years

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Leased assets

Rental under operating leases are charged in the income statement on a straight line basis over the lease term.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2024 - 40 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 January 2025

296,345

Additions

8,005

At 31 December 2025

304,350

DEPRECIATION

At 1 January 2025

262,729

Charge for year

10,990

Impairments

23,311

At 31 December 2025

297,030

NET BOOK VALUE

At 31 December 2025

7,320

At 31 December 2024

33,616

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

1,207,691

867,882

Other debtors

49,329

54,742

Amts owed by group undertaking

1,031,564

-

Tax

518,704

864,841

Prepayments and accrued income

177,293

328,551

2,984,581

2,116,016

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

291,087

127,817

Amounts owed to group undertakings

6,270

-

Social security and other taxes

327,402

319,318

Other creditors

15,957

2,117

Accruals and deferred income

901,594

1,796,018

1,542,310

2,245,270

7.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

Deferred tax

1,830

224,004

Deferred

tax

£

Balance at 1 January 2025

224,004

Credit to Income Statement during year

(222,174

)

Balance at 31 December 2025

1,830

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

9,500

Ordinary A shares

£0.01

95

500

Ordinary B shares

£0.01

5

100

9.

RESERVES

Retained

earnings

£

At 1 January 2025

1,373,821

Profit for the year

1,764,258

At 31 December 2025

3,138,079

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr Raju Kalia (Senior Statutory Auditor)

for and on behalf of Freemans Partnership LLP

11.	RELATED PARTY DISCLOSURES

At the year end the company was owed £542,234 (2024: NIL) by PPHC Inc, a company with common control. The balance is unsecured, interest free and payable on demand.

At the year end the company was owed £1,000 (2024: NIL) by PPHC International US LLC, a company with common control. The balance is unsecured, interest free and payable on demand.

At the year end the company was owed £6,790 (2024: NIL) by Seven Letter LLC, a company with common control. The balance is unsecured, interest free and payable on demand.

At the year end the company was owed £40,697 (2024: NIL) by Trailrunner International LLC, a company with common control. The balance is unsecured, interest free and payable on demand.

At the year end the company was owed £440,843 (2024: NIL) by PPHC International Ltd, a company with common control. The balance is unsecured, interest free and payable on demand.

At the year end the company owed £6,270 (2024: NIL) to Trailrunner International UK Limited, a company with common control. The balance is unsecured, interest free and payable on demand.

12.	POST BALANCE SHEET EVENTS

On 13 March 2026, the immediate parent undertaking became PPHC UK Holdings Ltd, a wholly-owned subsidiary of PPHC International Ltd.

On 1 April 2026, Westminster Policy Partners Ltd ("WPI") was acquired by PPHC UK Holdings Ltd. Subsequently, WPI's trade, assets and liabilities were transferred into the company, and the operations of WPI and the company were merged. The directors are unable to reasonably estimate the financial effect of this event as at the date these financial statements were approved.

13.	ULTIMATE CONTROLLING PARTY

The immediate parent undertaking is PPHC International Ltd, a company incorporated in the United Kingdom.

The ultimate parent and controlling party is Public Policy Holding Company Inc., a company incorporated in the United States, which is the parent undertaking of the largest and smallest group to consolidate these financial statements.

14.	CHARGES AND GUARANTEES

The company has charged its assets and undertaking by way of fixed and floating charge in favour of Bank of America, N.A., and has guaranteed borrowings of other group undertakings under a Credit Agreement.