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
Pearl Accounting Limited
Company Information
for the year ended 31 March 2024
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
Pearl Accounting Limited
Statement of financial position
as at 31 March 2024
Tangible assets
23,942
28,332
Cash at bank and in hand
16,773
7,704
Creditors: amounts falling due within one year
(6,361)
(2,548)
Net current assets
31,756
27,786
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
Pearl Accounting Limited
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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.
Pearl Accounting Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
11,019
14,636
Other debtors
10,325
7,994
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
4,450
2,548
Loans from directors
1,911
-
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).