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Company Registration No. 4874860 (England and Wales)
Pearl Accounting Limited Unaudited accounts for the year ended 31 March 2024
Pearl Accounting Limited Unaudited accounts Contents
Page
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Pearl Accounting Limited Company Information for the year ended 31 March 2024
Director
Mark Dreifuss
Company Number
4874860 (England and Wales)
Registered Office
Suite 1, 116 Ballards Lane Finchley London N3 2DN United Kingdom
Accountants
Pearl Accounting Limited Suite 1 116 Ballards Lane Finchley London N3 2DN
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Pearl Accounting Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
23,942 
28,332 
Current assets
Debtors
21,344 
22,630 
Cash at bank and in hand
16,773 
7,704 
38,117 
30,334 
Creditors: amounts falling due within one year
(6,361)
(2,548)
Net current assets
31,756 
27,786 
Net assets
55,698 
56,118 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
55,696 
56,116 
Shareholders' funds
55,698 
56,118 
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 March 2025 and were signed on its behalf by
Mark Dreifuss Director Company Registration No. 4874860
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Pearl Accounting Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Pearl Accounting Limited is a private company, limited by shares, registered in England and Wales, registration number 4874860. The registered office is Suite 1, 116 Ballards Lane, Finchley, London, N3 2DN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% written down value
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Pearl Accounting Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
74,802 
At 31 March 2024
74,802 
Depreciation
At 1 April 2023
46,470 
Charge for the year
4,390 
At 31 March 2024
50,860 
Net book value
At 31 March 2024
23,942 
At 31 March 2023
28,332 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,019 
14,636 
Other debtors
10,325 
7,994 
21,344 
22,630 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
4,450 
2,548 
Loans from directors
1,911 
- 
6,361 
2,548 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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