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REGISTERED NUMBER: 03630337 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Pearl Group Holdings Limited

Pearl Group Holdings Limited (Registered number: 03630337)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Pearl Group Holdings Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: R Ward





SECRETARY: L Pearl





REGISTERED OFFICE: New Farm
Bobbingworth
Ongar
Essex
CM5 0DJ





REGISTERED NUMBER: 03630337 (England and Wales)





ACCOUNTANTS: Hardcastle Burton LLP
Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN

Pearl Group Holdings Limited (Registered number: 03630337)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 586,869 586,869

CURRENT ASSETS
Debtors 5 5,893 6,436
NET CURRENT ASSETS 5,893 6,436
TOTAL ASSETS LESS CURRENT
LIABILITIES

592,762

593,305

ACCRUALS AND DEFERRED INCOME 600 600
NET ASSETS 592,162 592,705

CAPITAL AND RESERVES
Called up share capital 6 1,380 1,380
Share premium 87,120 87,120
Retained earnings 503,662 504,205
SHAREHOLDERS' FUNDS 592,162 592,705

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 August 2024 and were signed by:





R Ward - Director


Pearl Group Holdings Limited (Registered number: 03630337)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Pearl Group Holdings Limited 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.

Preparation of consolidated financial statements
The financial statements contain information about Pearl Group Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023
and 31 March 2024 586,869
NET BOOK VALUE
At 31 March 2024 586,869
At 31 March 2023 586,869

Investments in subsidiaries are carried at cost less impairment.

Pearl Group Holdings Limited (Registered number: 03630337)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts owed by group undertakings 5,893 6,436

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
1,380 Ordinary 1 1,380 1,380

7. OTHER FINANCIAL COMMITMENTS

The company has given an unlimited guarantee against bank borrowings in its subsidiary, Hugh Pearl (Land Drainage) Limited.

8. RELATED PARTY DISCLOSURES

At the balance sheet date, the company is owed £6,814 (2022: £6,449) by companies within the group.