REGISTERED NUMBER: 05461478

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2025

FOR

PIMPERNEL WHARF LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P D Edwards

D Stuart

REGISTERED OFFICE:

Suite B, West Wing

Omnibus Building

Lesbourne Road

Reigate

Surrey

RH2 7LD

REGISTERED NUMBER:

05461478

ACCOUNTANTS:

Elson Geaves Accountants

Chartered Certified Accountants

Elson Geaves

Forest Links Road

Ferndown

Dorset

BH22 9PH

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

22,084

25,982

22,084

25,982

CURRENT ASSETS

Stocks

755,556

826,726

Debtors

7

4,879,803

5,291,543

Cash at bank

46,263

20,624

5,681,622

6,138,893

CREDITORS

Amounts falling due within one year

8

3,558,052

4,310,983

NET CURRENT ASSETS

2,123,570

1,827,910

TOTAL ASSETS LESS CURRENT LIABILITIES

2,145,654

1,853,892

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,145,554

1,853,792

2,145,654

1,853,892

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 21 November 2025 and were signed on its behalf by:

D Stuart - Director

P D Edwards - Director

1.	STATUTORY INFORMATION

Pimpernel Wharf Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. The accounting policies below have had the most significant effect on amounts recognised in the financial statements.

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 2006, is being amortised evenly over its estimated useful life of ten 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.

Plant and machinery etc

-

15% 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 Statement of Income and Retained Earnings, 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

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 10 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

7,500

AMORTISATION

At 1 April 2024

and 31 March 2025

7,500

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

102,300

DEPRECIATION

At 1 April 2024

76,318

Charge for year

3,898

At 31 March 2025

80,216

NET BOOK VALUE

At 31 March 2025

22,084

At 31 March 2024

25,982

7.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

2,085,853

2,473,884

Other debtors

37,544

70,335

2,123,397

2,544,219

Amounts falling due after more than one year:

Amounts owed by group undertakings

2,756,406

2,747,324

Aggregate amounts

4,879,803

5,291,543

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

1,110,282

1,457,331

Trade creditors

2,298,194

2,666,027

Taxation and social security

112,576

78,625

Other creditors

37,000

109,000

3,558,052

4,310,983

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

923,615

1,110,664

Bank loans

186,667

346,667

1,110,282

1,457,331

Lloyds TSB Bank Plc holds a debenture deed dated 24 May 2010 establishing a charge over all present and future assets of the company in order to secure all monies due to the chargee.

A further debenture dated 23 December 2015 was established between Lloyds Bank Commercial Finance Limited and the company. The debenture created a fixed charge over assets of the company in order to secure the company's liabilities and obligations.