Registered number
06639666
PEARL CAR CARE PRODUCTS LIMITED
Filleted Accounts
31 July 2023
PEARL CAR CARE PRODUCTS LIMITED
Registered number: 06639666
Balance Sheet
as at 31 July 2023
Notes 2023 2022
£ £
Current assets
Debtors 3 15,874 17,425
Cash at bank and in hand 36,230 46,902
52,104 64,327
Creditors: amounts falling due within one year 4 (1,897) (8,074)
Net current assets 50,207 56,253
Net assets 50,207 56,253
Capital and reserves
Called up share capital 200 200
Profit and loss account 50,007 56,053
Shareholders' funds 50,207 56,253
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs M Parker
Director
Approved by the board on 23 February 2024
PEARL CAR CARE PRODUCTS LIMITED
Notes to the Accounts
for the year ended 31 July 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Foreign currency translation
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. All differences are charged to profit or loss.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Debtors 2023 2022
£ £
Trade debtors 15,874 17,425
4 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 1,418 856
Taxation and social security costs (371) 6,483
Other creditors 850 735
1,897 8,074
5 Other information
PEARL CAR CARE PRODUCTS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
Station Chambers
36 Bolton Street
Bury
Lancs
BL9 0LL
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