Company Registration No. 09063208 (England and Wales)
Pearson Ham Consulting Limited
Unaudited accounts
for the year ended 31 May 2021
Pearson Ham Consulting Limited
Unaudited accounts
Contents
Pearson Ham Consulting Limited
Company Information
for the year ended 31 May 2021
Company Number
09063208 (England and Wales)
Registered Office
49 Gregories Road
Beaconsfield
Buckinghamshire
HP9 1HH
Accountants
Andrew Donaldson
17 Lake Walk
Adderbury
Banbury
OX17 3PF
Pearson Ham Consulting Limited
Statement of financial position
as at 31 May 2021
Tangible assets
68,794
67,639
Cash at bank and in hand
804,225
245,015
Creditors: amounts falling due within one year
(1,290,379)
(623,272)
Net current assets
1,022,548
168,873
Total assets less current liabilities
1,091,342
236,512
Provisions for liabilities
Deferred tax
(11,383)
(8,894)
Net assets
1,079,959
227,618
Called up share capital
1
1
Profit and loss account
1,079,958
227,617
Shareholders' funds
1,079,959
227,618
For the year ending 31 May 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 November 2021 and were signed on its behalf by
Timothy Ham
Director
Company Registration No. 09063208
Pearson Ham Consulting Limited
Notes to the Accounts
for the year ended 31 May 2021
Pearson Ham Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 09063208. The registered office is 49 Gregories Road, Beaconsfield, Buckinghamshire, HP9 1HH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Pearson Ham Consulting Limited
Notes to the Accounts
for the year ended 31 May 2021
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 June 2020
50,875
64,605
115,480
At 31 May 2021
50,875
89,176
140,051
At 1 June 2020
14,627
33,214
47,841
Charge for the year
11,447
11,969
23,416
At 31 May 2021
26,074
45,183
71,257
At 31 May 2021
24,801
43,993
68,794
At 31 May 2020
36,248
31,391
67,639
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
1,350,946
301,180
Accrued income and prepayments
79,895
18,906
Other debtors
77,861
227,044
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
212,838
35,362
Taxes and social security
450,672
355,279
Loans from directors
102
1,005
Allotted, called up and fully paid:
10,000 Ordinary shares of £0.0001 each
1
1
8
Operating lease commitments
2021
2020
At 31 May 2021 the company has total minimum future payment commitments under non-cancellable operating leases as follows:
Operating leases expiring:
Within two to five years
231,864
364,358
Pearson Ham Consulting Limited
Notes to the Accounts
for the year ended 31 May 2021
The company is owned and controlled by the director.
10
Average number of employees
During the year the average number of employees was 31 (2020: 23).
