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Company Registration No. 04503422 (England and Wales)
Raw Pearls Limited Unaudited accounts for the year ended 31 January 2025
Raw Pearls Limited Unaudited accounts Contents
Page
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Raw Pearls Limited Company Information for the year ended 31 January 2025
Director
Miranda Raw
Company Number
04503422 (England and Wales)
Registered Office
2 Monks Dairy Workshops Isle Brewers TAUNTON Somerset TA3 6QL England
Accountants
Wessex Commercial Solutions Limited Yeovil Innovation Centre Barracks Close Yeovil BA22 8RN
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Raw Pearls Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
21,875 
34,375 
Tangible assets
31,133 
34,550 
53,008 
68,925 
Current assets
Inventories
238,094 
207,865 
Debtors
74,590 
80,131 
Cash at bank and in hand
425,289 
347,379 
737,973 
635,375 
Creditors: amounts falling due within one year
(140,535)
(107,617)
Net current assets
597,438 
527,758 
Net assets
650,446 
596,683 
Capital and reserves
Called up share capital
100 
100 
Capital redemption reserve
900 
900 
Profit and loss account
649,446 
595,683 
Shareholders' funds
650,446 
596,683 
For the year ending 31 January 2025 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 her 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 25 July 2025 and were signed on its behalf by
Miranda Raw Director Company Registration No. 04503422
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Raw Pearls Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Raw Pearls Limited is a private company, limited by shares, registered in England and Wales, registration number 04503422. The registered office is 2 Monks Dairy Workshops, Isle Brewers , TAUNTON, Somerset, TA3 6QL, England.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Straight line
Fixtures & fittings
25%-33% Straight line and 33% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Raw Pearls Limited Notes to the Accounts for the year ended 31 January 2025
4
Intangible fixed assets
Other 
£ 
Cost
At 1 February 2024
250,000 
At 31 January 2025
250,000 
Amortisation
At 1 February 2024
215,625 
Charge for the year
12,500 
At 31 January 2025
228,125 
Net book value
At 31 January 2025
21,875 
At 31 January 2024
34,375 
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
23,500 
38,543 
62,043 
Additions
- 
5,204 
5,204 
At 31 January 2025
23,500 
43,747 
67,247 
Depreciation
At 1 February 2024
5,092 
22,401 
27,493 
Charge for the year
4,700 
3,921 
8,621 
At 31 January 2025
9,792 
26,322 
36,114 
Net book value
At 31 January 2025
13,708 
17,425 
31,133 
At 31 January 2024
18,408 
16,142 
34,550 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
74,312 
77,433 
Accrued income and prepayments
278 
2,698 
74,590 
80,131 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
138 
558 
VAT
25,751 
21,500 
Trade creditors
46,560 
9,788 
Taxes and social security
27,387 
30,942 
Other creditors
40,699 
44,829 
140,535 
107,617 
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Raw Pearls Limited Notes to the Accounts for the year ended 31 January 2025
8
Average number of employees
During the year the average number of employees was 4 (2024: 3).
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