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REGISTERED NUMBER: 09689354 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 July 2023

for

Eastern Pearl Ltd

Eastern Pearl Ltd (Registered number: 09689354)






Contents of the Financial Statements
for the Year Ended 30 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Eastern Pearl Ltd

Company Information
for the Year Ended 30 July 2023







DIRECTOR: Ms N Zhou





SECRETARY:





REGISTERED OFFICE: 100 Cleveland Street
London
W1T 6NS





REGISTERED NUMBER: 09689354 (England and Wales)





ACCOUNTANTS: Kim Accountancy & Co.
Chartered Certified Accountants
132 The Chase
Wallington
Surrey
SM6 8JS

Eastern Pearl Ltd (Registered number: 09689354)

Balance Sheet
30 July 2023

30.7.23 30.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 52,053 35,802

CURRENT ASSETS
Stocks 6,880 5,850
Debtors 5 72,236 96,493
Cash at bank and in hand 25,603 66,562
104,719 168,905
CREDITORS
Amounts falling due within one year 6 95,362 126,345
NET CURRENT ASSETS 9,357 42,560
TOTAL ASSETS LESS CURRENT
LIABILITIES

61,410

78,362

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 61,310 78,262
SHAREHOLDERS' FUNDS 61,410 78,362

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 11 April 2024 and were signed by:





Ms N Zhou - Director


Eastern Pearl Ltd (Registered number: 09689354)

Notes to the Financial Statements
for the Year Ended 30 July 2023

1. STATUTORY INFORMATION

Eastern Pearl 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 provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

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 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.

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 9 (2022 - 15 ) .

Eastern Pearl Ltd (Registered number: 09689354)

Notes to the Financial Statements - continued
for the Year Ended 30 July 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 31 July 2022 78,109
Additions 23,949
At 30 July 2023 102,058
DEPRECIATION
At 31 July 2022 42,307
Charge for year 7,698
At 30 July 2023 50,005
NET BOOK VALUE
At 30 July 2023 52,053
At 30 July 2022 35,802

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.7.23 30.7.22
£    £   
Trade debtors 8,094 17,820
Other debtors 64,142 78,673
72,236 96,493

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.7.23 30.7.22
£    £   
Trade creditors 15,347 57,519
Taxation and social security 42,703 58,797
Other creditors 37,312 10,029
95,362 126,345