Company Registration No. 07078392 (England and Wales)
Pearl Accountants Limited
Unaudited accounts
for the year ended 31 March 2025
Pearl Accountants Limited
Unaudited accounts
Contents
Pearl Accountants Limited
Company Information
for the year ended 31 March 2025
Director
Mohammad Jahanzeb Aslam
Company Number
07078392 (England and Wales)
Pearl Accountants Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
63,535
24,359
Creditors: amounts falling due within one year
(95,102)
(236,049)
Net current liabilities
(601)
(178,878)
Total assets less current liabilities
(601)
(178,878)
Creditors: amounts falling due after more than one year
(320,529)
(573,012)
Net liabilities
(321,130)
(751,890)
Called up share capital
100
100
Profit and loss account
(321,230)
(751,990)
Shareholders' funds
(321,130)
(751,890)
For the year ending 31 March 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 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 20 May 2025 and were signed on its behalf by
Mohammad Jahanzeb Aslam
Director
Company Registration No. 07078392
Pearl Accountants Limited
Notes to the Accounts
for the year ended 31 March 2025
Pearl Accountants Limited is a private company, limited by shares, registered in England and Wales, registration number 07078392.
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.
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:
Plant & machinery
has been depreciated using the straight line method over 4 years.
Fixtures & fittings
has been depreciated using the straight line method over 4 years.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
43,699
12,598
56,297
At 31 March 2025
43,699
12,598
56,297
At 1 April 2024
43,699
12,598
56,297
At 31 March 2025
43,699
12,598
56,297
Amounts falling due within one year
Trade debtors
30,966
32,812
Pearl Accountants Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
41,590
82,824
Taxes and social security
2,067
3,736
Other creditors
35,466
125,135
Loans from directors
-
6,851
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
320,529
377,537
8
Average number of employees
During the year the average number of employees was 2 (2024: 6).