REGISTERED NUMBER: 08403630 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

DE Pickervance & Sons Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R T J Pickervance

Mr D E Pickervance

Mr D J Pickervance

REGISTERED OFFICE:

Mowbreck Hall Farm

Mowbreck Lane

Wesham

Preston

Lancashire

PR4 3HA

REGISTERED NUMBER:

08403630 (England and Wales)

ACCOUNTANTS:

Benson Accountants

Wiza House

Station Road

Wigton

Cumbria

CA7 9BA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

536,502

706,014

536,502

706,014

CURRENT ASSETS

Stocks

6

177,231

306,969

Debtors

7

77,060

94,414

Cash at bank

124,772

123,226

379,063

524,609

CREDITORS

Amounts falling due within one year

8

918,218

1,131,533

NET CURRENT LIABILITIES

(539,155

)

(606,924

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,653

)

99,090

CREDITORS

Amounts falling due after more than one year

9

(39,273

)

(43,079

)

PROVISIONS FOR LIABILITIES

(142,172

)

(187,093

)

NET LIABILITIES

(184,098

)

(131,082

)

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

(184,200

)

(131,184

)

(184,098

)

(131,082

)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 August 2026 and were signed on its behalf by:

Mr D E Pickervance - Director

Mr D J Pickervance - Director

Mr R T J Pickervance - Director

1.	STATUTORY INFORMATION

DE Pickervance & Sons Ltd 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 provision of Section 1A "Small Entities" and the Companies Act 2006. These financial statements have been prepared under the historical cost convention.

The company has net current liabilities at 31 March 2025 and meets its day to day working capital requirements through it's directors who have provided financial support by way of short term loans, which the directors would not request repayment of if it were to compromise the trading status of the company. On the basis of this support, the directors consider it appropriate to prepare the financial statements on the going concern basis.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

30,000

AMORTISATION

At 1 April 2025

and 31 March 2026

30,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2025

1,375,685

20,750

1,396,435

Additions

81,376

-

81,376

Disposals

(307,000

)

(6,750

)

(313,750

)

At 31 March 2026

1,150,061

14,000

1,164,061

DEPRECIATION

At 1 April 2025

674,193

16,228

690,421

Charge for year

94,238

831

95,069

Eliminated on disposal

(152,382

)

(5,549

)

(157,931

)

At 31 March 2026

616,049

11,510

627,559

NET BOOK VALUE

At 31 March 2026

534,012

2,490

536,502

At 31 March 2025

701,492

4,522

706,014

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 April 2025

317,809

Additions

56,868

Transfer to ownership

(66,969

)

At 31 March 2026

307,708

DEPRECIATION

At 1 April 2025

177,041

Charge for year

32,895

Transfer to ownership

(25,842

)

At 31 March 2026

184,094

NET BOOK VALUE

At 31 March 2026

123,614

At 31 March 2025

140,768

6.

STOCKS

31/3/26

31/3/25

£

£

Valuation

177,231

306,969

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade debtors

65,092

94,414

Other debtors

11,968

-

77,060

94,414

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans and overdrafts

49,845

85,337

Hire purchase contracts

51,691

97,879

Trade creditors

48,456

51,711

Taxation and social security

25,062

16,637

Other creditors

743,164

879,969

918,218

1,131,533

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/26

31/3/25

£

£

Hire purchase contracts

39,273

43,079

10.	RELATED PARTY DISCLOSURES

The directors and shareholders of D E Pickervance & Sons Ltd, are also partners in D E Pickervance & Sons.

The directors have a loan account with the company. The balance owing to the directors at the year end date was £739,122 (2025 - £868,406). The loan is unsecured, interest free and repayable on demand.