Pearl Decorations Ltd - Filleted accounts

Registered number

11894639

Pearl Decorations Ltd

Filleted Accounts

31 March 2026

Pearl Decorations Ltd
Registered number:		11894639
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		2,321			3,095

Current assets
Debtors	4	122,121			97,121
Cash at bank and in hand		5,253			8,091
		127,374			105,212

Creditors: amounts falling due within one year	5	(98,852)			(79,800)

Net current assets			28,522			25,412

Total assets less current liabilities			30,843			28,507

Creditors: amounts falling due after more than one year	6		-			(3,963)



Net assets			30,843			24,544

Capital and reserves
Called up share capital			100			100
Profit and loss account			30,743			24,444

Shareholder's funds			30,843			24,544

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Manzoor Hussain
Director
Approved by the board on 8 April 2026

Pearl Decorations Ltd
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rendering of decoration and designing of party events.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.





	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2025				7,800
	At 31 March 2026				7,800

	Depreciation
	At 1 April 2025				4,705
	Charge for the year				774
	At 31 March 2026				5,479

	Net book value
	At 31 March 2026				2,321
	At 31 March 2025				3,095


4	Debtors		2026		2025
£				£

	Other debtors		122,121		97,121


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Taxation and social security costs		10,700		7,280
	Director's account		79,432		65,430
	Accruals and deferred income		7,280		5,650
	Other creditors		1,440		1,440
			98,852		79,800






6	Creditors: amounts falling due after one year		2026		2025
£				£

	Bank loans		-		3,963


7	Other information

	Pearl Decorations Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	250 Plymouth Grove
	Longsight
	Manchester
	England
	M13 0BG