PEARLFECT LIMITED

Company Registration Number:
07570715 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

PEARLFECT LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

PEARLFECT LIMITED

Directors' report period ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal activities of the company

Pearlfect Limited, trading as Pearlfect Care Pharmacy, is a well-rated professionally accredited private pharmacy providing pharmaceutical services, travel clinic, vaccinations, ear wax removal, spirometry, phlebotomy and health checks. During the year, the company changed its operating office from Watford to establishing on the high street of Aylesbury, in Buckinghamshire. The relocation has placed the pharmacy in a more prominent location and given opportunity to attract new customer base in Aylesbury.



Directors

The director shown below has held office during the whole of the period from
1 April 2022 to 31 March 2023

Abidemi Asher Yusuf


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
29 December 2023

And signed on behalf of the board by:
Name: Abidemi Asher Yusuf
Status: Director

PEARLFECT LIMITED

Profit And Loss Account

for the Period Ended 31 March 2023

2023 2022


£

£
Turnover: 149,511 705,223
Cost of sales: ( 16,907 ) ( 329,308 )
Gross profit(or loss): 132,604 375,915
Administrative expenses: ( 146,975 ) ( 328,217 )
Operating profit(or loss): (14,371) 47,698
Profit(or loss) before tax: (14,371) 47,698
Tax: ( 9,063 )
Profit(or loss) for the financial year: (14,371) 38,635

PEARLFECT LIMITED

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 13,500 0
Total fixed assets: 13,500 0
Current assets
Stocks: 4 23,472
Debtors: 5 7,711
Cash at bank and in hand: 73,202
Total current assets: 23,472 80,913
Creditors: amounts falling due within one year: 6 ( 14,989 ) ( 9,063 )
Net current assets (liabilities): 8,483 71,850
Total assets less current liabilities: 21,983 71,850
Creditors: amounts falling due after more than one year: 7 ( 16,248 ) ( 21,746 )
Provision for liabilities: ( 30,000 )
Total net assets (liabilities): 5,735 20,104
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 5,733 20,102
Total Shareholders' funds: 5,735 20,104

The notes form part of these financial statements

PEARLFECT LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 29 December 2023
and signed on behalf of the board by:

Name: Abidemi Asher Yusuf
Status: Director

The notes form part of these financial statements

PEARLFECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PEARLFECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 10

PEARLFECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 0 3,300 1,500 4,800
Additions 15,000 15,000
Disposals
Revaluations
Transfers
At 31 March 2023 15,000 3,300 1,500 19,800
Depreciation
At 1 April 2022 0 3,300 1,500 4,800
Charge for year 1,500 1,500
On disposals
Other adjustments
At 31 March 2023 1,500 3,300 1,500 6,300
Net book value
At 31 March 2023 13,500 0 0 13,500
At 31 March 2022 0 0 0 0

PEARLFECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Stocks

2023 2022
£ £
Stocks 23,472
Total 23,472

PEARLFECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Debtors

2023 2022
£ £
Trade debtors 7,711
Total   7,711

PEARLFECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 7,076
Trade creditors 7,913
Taxation and social security 9,063
Total 14,989 9,063

PEARLFECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

7. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 16,248 21,746
Total 16,248 21,746