1 August 2024 false No description of principal activity Taxfiler 2024.6 true 12711374business:PrivateLimitedCompanyLtd2024-08-012025-07-31 127113742024-07-31 127113742024-08-012025-07-31 12711374business:AuditExempt-NoAccountantsReport2024-08-012025-07-31 12711374business:FilletedAccounts2024-08-012025-07-31 127113742025-07-31 12711374business:Director12024-08-012025-07-31 12711374business:Director22024-08-012025-07-31 12711374business:RegisteredOffice2024-08-012025-07-31 127113742024-07-31 12711374core:WithinOneYear2025-07-31 12711374core:WithinOneYear2024-07-31 12711374core:ShareCapitalcore:PreviouslyStatedAmount2025-07-31 12711374core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 12711374core:CapitalRedemptionReservecore:PreviouslyStatedAmount2025-07-31 12711374core:CapitalRedemptionReservecore:PreviouslyStatedAmount2024-07-31 12711374core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-07-31 12711374core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 12711374core:PreviouslyStatedAmount2025-07-31 12711374core:PreviouslyStatedAmount2024-07-31 12711374business:SmallEntities2024-08-012025-07-31 12711374countries:EnglandWales2024-08-012025-07-31 12711374core:FurnitureFittings2024-08-012025-07-31 12711374core:FurnitureFittings2024-07-31 12711374core:FurnitureFittings2025-07-31 12711374core:AfterOneYear2025-07-31 12711374core:AfterOneYear2024-07-31 127113742023-08-012024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 12711374 (England and Wales)
Pearl of Manchester Ltd Unaudited accounts for the year ended 31 July 2025
Pearl of Manchester Ltd Unaudited accounts Contents
Page
- 2 -
Pearl of Manchester Ltd Company Information for the year ended 31 July 2025
Directors
Siraj Bloch Christopher Joseph Fleming
Company Number
12711374 (England and Wales)
Registered Office
48 BROUGHTON ST. CHEETHAM HILL MANCHESTE 48 BROUGHTON STREET MANCHESTER M8 8NN ENGLAND
Accountants
Enso Accountants Ltd 189c Mauldeth Road Manchester M191BA
- 3 -
Pearl of Manchester Ltd Statement of financial position as at 31 July 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,535 
2,816 
Current assets
Inventories
131,308 
181,999 
Debtors
(91,365)
35,137 
Cash at bank and in hand
5,076 
6,762 
45,019 
223,898 
Creditors: amounts falling due within one year
(252,210)
(287,670)
Net current liabilities
(207,191)
(63,772)
Net liabilities
(205,656)
(60,956)
Capital and reserves
Called up share capital
1 
1 
Capital redemption reserve
22,574 
22,574 
Profit and loss account
(228,231)
(83,531)
Shareholders' funds
(205,656)
(60,956)
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 28 April 2026 and were signed on its behalf by
Christopher Joseph Fleming Director Company Registration No. 12711374
- 4 -
Pearl of Manchester Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Pearl of Manchester Ltd is a private company, limited by shares, registered in England and Wales, registration number 12711374. The registered office is 48 BROUGHTON ST. CHEETHAM HILL MANCHESTE, 48 BROUGHTON STREET, MANCHESTER, M8 8NN, 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.
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:
Fixtures & fittings
4 Year Straight Line
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.
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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Going concern
The financial statements have been prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future. The directors have carefully reviewed the company's current financial position, future cash flows, and the availability of financing, and they have assessed the company's ability to meet its obligations as they fall due.
- 5 -
Pearl of Manchester Ltd Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 August 2024
5,119 
At 31 July 2025
5,119 
Depreciation
At 1 August 2024
2,303 
Charge for the year
1,281 
At 31 July 2025
3,584 
Net book value
At 31 July 2025
1,535 
At 31 July 2024
2,816 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
49,422 
25,860 
Accrued income and prepayments
53,112 
9,277 
102,534 
35,137 
Amounts falling due after more than one year
Other debtors
(193,899)
- 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
2,988 
9,557 
Trade creditors
195,262 
224,423 
Taxes and social security
3,505 
2,928 
Accruals
50,455 
50,762 
252,210 
287,670 
7
Average number of employees
During the year the average number of employees was 3 (2024: 3).
- 6 -