PEARSE WATERHOUSE LIMITED

PEARSE WATERHOUSE LIMITED - Company Information

2022-04-012023-03-312023-03-31false10439684PEARSE WATERHOUSE LIMITED2023-07-20iso4217:GBPxbrli:pure104396842022-04-01104396842023-03-31104396842022-04-012023-03-31104396842021-04-01104396842022-03-31104396842021-04-012022-03-3110439684bus:SmallEntities2022-04-012023-03-3110439684bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3110439684bus:FullAccounts2022-04-012023-03-3110439684bus:PrivateLimitedCompanyLtd2022-04-012023-03-3110439684core:WithinOneYear2023-03-3110439684core:AfterOneYear2023-03-3110439684core:WithinOneYear2022-03-3110439684core:AfterOneYear2022-03-3110439684core:ShareCapital2023-03-3110439684core:SharePremium2023-03-3110439684core:RevaluationReserve2023-03-3110439684core:OtherReservesSubtotal2023-03-3110439684core:RetainedEarningsAccumulatedLosses2023-03-3110439684core:ShareCapital2022-03-3110439684core:SharePremium2022-03-3110439684core:RevaluationReserve2022-03-3110439684core:OtherReservesSubtotal2022-03-3110439684core:RetainedEarningsAccumulatedLosses2022-03-3110439684core:LandBuildings2023-03-3110439684core:PlantMachinery2023-03-3110439684core:Vehicles2023-03-3110439684core:FurnitureFittings2023-03-3110439684core:OfficeEquipment2023-03-3110439684core:NetGoodwill2023-03-3110439684core:IntangibleAssetsOtherThanGoodwill2023-03-3110439684core:ListedExchangeTraded2023-03-3110439684core:UnlistedNon-exchangeTraded2023-03-3110439684core:LandBuildings2022-03-3110439684core:PlantMachinery2022-03-3110439684core:Vehicles2022-03-3110439684core:FurnitureFittings2022-03-3110439684core:OfficeEquipment2022-03-3110439684core:NetGoodwill2022-03-3110439684core:IntangibleAssetsOtherThanGoodwill2022-03-3110439684core:ListedExchangeTraded2022-03-3110439684core:UnlistedNon-exchangeTraded2022-03-3110439684core:LandBuildings2022-04-012023-03-3110439684core:PlantMachinery2022-04-012023-03-3110439684core:Vehicles2022-04-012023-03-3110439684core:FurnitureFittings2022-04-012023-03-3110439684core:OfficeEquipment2022-04-012023-03-3110439684core:NetGoodwill2022-04-012023-03-3110439684core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110439684core:ListedExchangeTraded2022-04-012023-03-3110439684core:UnlistedNon-exchangeTraded2022-04-012023-03-3110439684core:MoreThanFiveYears2022-04-012023-03-3110439684core:Non-currentFinancialInstruments2023-03-3110439684core:Non-currentFinancialInstruments2022-03-3110439684dpl:CostSales2022-04-012023-03-3110439684dpl:DistributionCosts2022-04-012023-03-3110439684core:LandBuildings2022-04-012023-03-3110439684core:PlantMachinery2022-04-012023-03-3110439684core:Vehicles2022-04-012023-03-3110439684core:FurnitureFittings2022-04-012023-03-3110439684core:OfficeEquipment2022-04-012023-03-3110439684dpl:AdministrativeExpenses2022-04-012023-03-3110439684core:NetGoodwill2022-04-012023-03-3110439684core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110439684dpl:GroupUndertakings2022-04-012023-03-3110439684dpl:ParticipatingInterests2022-04-012023-03-3110439684dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3110439684core:ListedExchangeTraded2022-04-012023-03-3110439684dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3110439684core:UnlistedNon-exchangeTraded2022-04-012023-03-3110439684dpl:CostSales2021-04-012022-03-3110439684dpl:DistributionCosts2021-04-012022-03-3110439684core:LandBuildings2021-04-012022-03-3110439684core:PlantMachinery2021-04-012022-03-3110439684core:Vehicles2021-04-012022-03-3110439684core:FurnitureFittings2021-04-012022-03-3110439684core:OfficeEquipment2021-04-012022-03-3110439684dpl:AdministrativeExpenses2021-04-012022-03-3110439684core:NetGoodwill2021-04-012022-03-3110439684core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3110439684dpl:GroupUndertakings2021-04-012022-03-3110439684dpl:ParticipatingInterests2021-04-012022-03-3110439684dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3110439684core:ListedExchangeTraded2021-04-012022-03-3110439684dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3110439684core:UnlistedNon-exchangeTraded2021-04-012022-03-3110439684core:NetGoodwill2023-03-3110439684core:IntangibleAssetsOtherThanGoodwill2023-03-3110439684core:LandBuildings2023-03-3110439684core:PlantMachinery2023-03-3110439684core:Vehicles2023-03-3110439684core:FurnitureFittings2023-03-3110439684core:OfficeEquipment2023-03-3110439684core:AfterOneYear2023-03-3110439684core:WithinOneYear2023-03-3110439684core:ListedExchangeTraded2023-03-3110439684core:UnlistedNon-exchangeTraded2023-03-3110439684core:ShareCapital2023-03-3110439684core:SharePremium2023-03-3110439684core:RevaluationReserve2023-03-3110439684core:OtherReservesSubtotal2023-03-3110439684core:RetainedEarningsAccumulatedLosses2023-03-3110439684core:NetGoodwill2022-03-3110439684core:IntangibleAssetsOtherThanGoodwill2022-03-3110439684core:LandBuildings2022-03-3110439684core:PlantMachinery2022-03-3110439684core:Vehicles2022-03-3110439684core:FurnitureFittings2022-03-3110439684core:OfficeEquipment2022-03-3110439684core:AfterOneYear2022-03-3110439684core:WithinOneYear2022-03-3110439684core:ListedExch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Registered Number
10439684
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

PEARSE WATERHOUSE LIMITED

Company Information
for the year from 1 April 2022 to 31 March 2023


Directors	PEARSE, Hannah
	WATERHOUSE, Crispin John


Registered Address	26 Berkeley Square
	Bristol
	BS8 1HP


Registered Number	10439684 (England and Wales)

PEARSE WATERHOUSE LIMITED

Statement of Financial Position
31 March 2023

	Notes	2023		2022
		£	£	£	£
Fixed assets
Tangible assets	6		25,633		18,909
			25,633		18,909
Current assets
Debtors	7	480		5,762
Cash at bank and on hand		7,207		39,174
		7,687		44,936
Creditors amounts falling due within one year	8	(22,467)		(19,815)
Net current assets (liabilities)			(14,780)		25,121
Total assets less current liabilities			10,853		44,030
Net assets			10,853		44,030
Capital and reserves
Called up share capital			100		100
Profit and loss account			10,753		43,930
Shareholders' funds			10,853		44,030

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.

The financial statements were approved and authorised for issue by the Board of Directors on 20 July 2023, and are signed on its behalf by:

PEARSE, Hannah
Director

WATERHOUSE, Crispin John
Director

Registered Company No. 10439684

PEARSE WATERHOUSE LIMITED

Notes to the Financial Statements
for the year ended 31 March 2023

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

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Principal activities
	Event hosting

4.	Accounting policies

	Turnover policy
	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 sale of goods and from the rendering of services.

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Revenue recognition policy
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised 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.

Revenue recognition policy

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised 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.

	Taxation policy
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Foreign currency translation and operations policy
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation and operations policy

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

5.	Employee information


		2023		2022
	Average number of employees during the year	2		2

6.	Property, plant and equipment

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 April 22	24,309	24,309
Additions	17,039	17,039
At 31 March 23	41,348	41,348
Depreciation and impairment
At 01 April 22	5,400	5,400
Charge for year	10,315	10,315
At 31 March 23	15,715	15,715
Net book value
At 31 March 23	25,633	25,633
At 31 March 22	18,909	18,909

7.	Debtors

	2023	2022
	£	£
Other debtors	480	5,762
Total	480	5,762


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

8.	Creditors within one year

	2023	2022
	£	£
Trade creditors / trade payables	669	2,785
Bank borrowings and overdrafts	5,593	4,794
Taxation and social security	8,036	4,521
Other creditors	6,800	6,800
Accrued liabilities and deferred income	1,369	915
Total	22,467	19,815


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.