Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31No description of principal activity2022-08-17The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false1falsetrue 14301477 2022-08-16 14301477 2022-08-17 2023-12-31 14301477 2022-01-01 2022-08-16 14301477 2023-12-31 14301477 c:Director1 2022-08-17 2023-12-31 14301477 d:FurnitureFittings 2022-08-17 2023-12-31 14301477 d:FurnitureFittings 2023-12-31 14301477 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-08-17 2023-12-31 14301477 d:CurrentFinancialInstruments 2023-12-31 14301477 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14301477 d:ShareCapital 2023-12-31 14301477 d:RetainedEarningsAccumulatedLosses 2023-12-31 14301477 c:OrdinaryShareClass1 2022-08-17 2023-12-31 14301477 c:OrdinaryShareClass1 2023-12-31 14301477 c:OrdinaryShareClass2 2022-08-17 2023-12-31 14301477 c:OrdinaryShareClass2 2023-12-31 14301477 c:FRS102 2022-08-17 2023-12-31 14301477 c:AuditExempt-NoAccountantsReport 2022-08-17 2023-12-31 14301477 c:FullAccounts 2022-08-17 2023-12-31 14301477 c:PrivateLimitedCompanyLtd 2022-08-17 2023-12-31 14301477 e:PoundSterling 2022-08-17 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14301477









ALMA PEARL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
ALMA PEARL LIMITED
REGISTERED NUMBER: 14301477

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
Note
£

Fixed assets
  

Tangible assets
  
8,312

  
8,312

Current assets
  

Debtors: amounts falling due within one year
 5 
22,631

Cash at bank and in hand
  
9,943

  
32,574

Creditors: amounts falling due within one year
 7 
(180,533)

Net current (liabilities)/assets
  
 
 
(147,959)

Total assets less current liabilities
  
(139,647)

  

Net (liabilities)/assets
  
(139,647)


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
(139,747)

  
(139,647)


Page 1

 
ALMA PEARL LIMITED
REGISTERED NUMBER: 14301477
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 August 2024.




C Baracchi
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ALMA PEARL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

Alma Pearl Limited is a private company limited by shares, incorporated in England & Wales on 17 August 2022 (registered number: 14301477). 
The registered office address of the company is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH. 
The financial statements are presented in Sterling, which is the functional currency of the company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

In assessing the ability of the company to operate as a going concern, management has evaluated current and forecasted operational results, and the solvency of the company. The director has obtained assurances from the shareholders to continue to provide adequate funds to meet its obligations, and not to demand repayment of any funds due to them, until the company is in a financial position to do so. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
ALMA PEARL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
Straight line method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 4

 
ALMA PEARL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

Period ended
31 December
2023
£

Wages and salaries
10,000

Social security costs
538

10,538


The average monthly number of employees, including directors, during the period was 1.


4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


Additions
9,378



At 31 December 2023

9,378



Depreciation


Charge for the period on owned assets
1,066



At 31 December 2023

1,066



Net book value



At 31 December 2023
8,312

Page 5

 
ALMA PEARL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

5.


Debtors

2023
£


Other debtors
22,631

22,631



6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
9,943

9,943



7.


Creditors: Amounts falling due within one year

2023
£

Other taxation and social security
332

Other creditors
176,201

Accruals and deferred income
4,000

180,533



8.


Share capital

2023
£
Allotted, called up and fully paid


60 Ordinary A shares of £1.00 each
60
40 Ordinary B shares of £1.00 each
40

100


During the period 60 Ordinary A and 40 Ordinary B shares were issued at par.

 
Page 6