Caseware UK (AP4) 2023.0.135 2023.0.135 2025-01-312025-01-312024-02-01falseDental services11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13852509 2024-02-01 2025-01-31 13852509 2023-02-01 2024-01-31 13852509 2025-01-31 13852509 2024-01-31 13852509 c:Director1 2024-02-01 2025-01-31 13852509 d:FurnitureFittings 2024-02-01 2025-01-31 13852509 d:FurnitureFittings 2025-01-31 13852509 d:FurnitureFittings 2024-01-31 13852509 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 13852509 d:CurrentFinancialInstruments 2025-01-31 13852509 d:CurrentFinancialInstruments 2024-01-31 13852509 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 13852509 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 13852509 d:ShareCapital 2025-01-31 13852509 d:ShareCapital 2024-01-31 13852509 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2025-01-31 13852509 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-01-31 13852509 c:FRS102 2024-02-01 2025-01-31 13852509 c:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 13852509 c:FullAccounts 2024-02-01 2025-01-31 13852509 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 13852509 e:PoundSterling 2024-02-01 2025-01-31 iso4217:GBP xbrli:pure

Registered number: 13852509









PRECIOUS 4 PEARLS LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

 
PRECIOUS 4 PEARLS LTD
REGISTERED NUMBER: 13852509

BALANCE SHEET
AS AT 31 JANUARY 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
633
844

  
633
844

Current assets
  

Cash at bank and in hand
 5 
13,864
5,798

  
13,864
5,798

Creditors: amounts falling due within one year
 6 
(14,496)
(6,641)

Net current liabilities
  
 
 
(632)
 
 
(843)

Total assets less current liabilities
  
1
1

  

Net assets
  
1
1


Capital and reserves
  

Called up share capital 
  
1
1

  
1
1

Page 1

 
PRECIOUS 4 PEARLS LTD
REGISTERED NUMBER: 13852509
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2025

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 year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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 profit and loss account 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 17 April 2025.




................................................
Shilpa Gampala
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
PRECIOUS 4 PEARLS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1.


General information

The Company is a private company limited by share capital, incorporated in England and Wales. Principal activity of the Company throughout the year was that of dental care. 

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

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:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.4

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.

Page 3

 
PRECIOUS 4 PEARLS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%
reducing balance

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.

 
2.5

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.

 
2.6

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.

 
2.7

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
PRECIOUS 4 PEARLS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

3.


Employees

2025
2024
£
£

Wages and salaries
9,096
9,096

9,096
9,096


The average monthly number of employees, including directors, during the year was 1 (2024 - 1).


4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 February 2024
1,500



At 31 January 2025

1,500



Depreciation


At 1 February 2024
656


Charge for the year on owned assets
211



At 31 January 2025

867



Net book value



At 31 January 2025
633



At 31 January 2024
844


5.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
13,864
5,798

13,864
5,798


Page 5

 
PRECIOUS 4 PEARLS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

6.


Creditors: Amounts falling due within one year

2025
2024
£
£

Corporation tax
3,622
970

Other creditors
9,620
4,477

Accruals and deferred income
1,254
1,194

14,496
6,641


Included in other creditors, is a director’s loan account balance of £9,620 (2024 - £4,477) in relation to Shilpa Gampala.


7.


Financial instruments

2025
2024
£
£

Financial assets


Financial assets measured at fair value through profit or loss
13,864
5,798




Financial assets measured at fair value through profit or loss comprise of cash in bank and in hand.


8.


Controlling party

The Company is controlled by the director, Shilpa Gampala, by virtue of her shareholding as described in the director's report.

 
Page 6