Pearltex Enterprises Limited Company accounts

COMPANY REGISTRATION NUMBER: 5749318

Pearltex Enterprises Limited

Unaudited Financial Statements

31 March 2026

Pearltex Enterprises Limited

Financial Statements

Year ended 31 March 2026

Contents	Page

Officers and professional advisers	1

Director's report	2

Statement of income and retained earnings	3

Statement of financial position	4

Notes to the financial statements	5

The following pages do not form part of the financial statements

Chartered certified accountants report to the director on the preparation of the unaudited statutory financial statements	9

Pearltex Enterprises Limited

Officers and Professional Advisers

Director	Mr.M Tariq.

Company secretary	Mrs. R. Tariq

Registered office	17 A, TYRWHITT ROAD
	BROCKLEY
	LONDON
	SE4 1QD

Accountants	Begg, Williamson & Co
	Chartered Certified Accountants
	24 Church Road
	Crystal Palace
	London
	UK
	SE19 2ET

Bankers

Pearltex Enterprises Limited

Director's Report

Year ended 31 March 2026

The director presents his report and the unaudited financial statements of the company for the year ended 31 March 2026 .

Director

The director who served the company during the year was as follows:

Mr.M Tariq.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 9 July 2026 and signed on behalf of the board by:

Mr.M Tariq.	Mrs. R. Tariq
Director	Company Secretary

Registered office:

17 A, TYRWHITT ROAD

BROCKLEY

LONDON

SE4 1QD

Pearltex Enterprises Limited

Statement of Income and Retained Earnings

Year ended 31 March 2026

	2026	2025
Note	£	£
Turnover	118,665	65,651

Cost of sales	105,158	48,583
	---------	--------
Gross profit	13,507	17,068

Distribution costs	7,608	8,918
Administrative expenses	8,154	13,246
	--------	--------
Operating loss	( 2,255)	( 5,096)

	--------	--------
Loss before taxation	( 2,255)	( 5,096)

Tax on loss	–	–
	-------	-------
Loss for the financial year and total comprehensive income	( 2,255)	( 5,096)
	-------	-------

Retained earnings at the start of the year	119,318	124,414
	---------	---------
Retained earnings at the end of the year	117,063	119,318
	---------	---------

All the activities of the company are from continuing operations.

Pearltex Enterprises Limited

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5		3	3

Current assets

Stocks		1,000	1,001
Debtors	6	80,722	73,065
Investments	7	10,399	10,399
Cash at bank and in hand		26,174	36,622
		---------	---------
		118,295	121,087

Creditors: amounts falling due within one year	8	1,235		1,672
		---------		---------
Net current assets			117,060	119,415
			---------	---------
Total assets less current liabilities			117,063	119,418
			---------	---------

Capital and reserves

Called up share capital	–	100
Profit and loss account	117,063	119,318
	---------	---------
Shareholders funds	117,063	119,418
	---------	---------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 9 July 2026 , and are signed on behalf of the board by:

Mr.M Tariq.
Director

Company registration number: 5749318

Pearltex Enterprises Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 17 A, TYRWHITT ROAD, BROCKLEY, LONDON, SE4 1QD.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

		-	25% straight line
		-	25% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2025: 2 ).

5. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 April 2025 and 31 March 2026	10,753	6,786	17,539
	--------	-------	--------
Depreciation
At 1 April 2025 and 31 March 2026	10,751	6,785	17,536
	--------	-------	--------
Carrying amount
At 31 March 2026	2	1	3
	--------	-------	--------
At 31 March 2025	2	1	3
	--------	-------	--------

6. Debtors

	2026	2025
	£	£
Trade debtors	36,191	13,048
Other debtors	44,531	60,017
	--------	--------
	80,722	73,065
	--------	--------

7. Investments

	2026	2025
	£	£
Other investments	10,399	10,399
	--------	--------

8. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	1,235	769
Social security and other taxes	–	903
	-------	-------
	1,235	1,672
	-------	-------

9. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2026
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
Mr.M Tariq.	140	7,042	7,182
	----	-------	-------

	2025
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
Mr.M Tariq.	140	–	140
	----	----	----

10. Related party transactions

The company was under the control of Mr. M. Tariq and Mrs. R. Tariq throughout the current year. Mr M. Tariq is the managing director and holds 50% of the shares and Mrs. R. Tariq is the company secretary and holds the other 50% of the shares. No other transactions with related parties were undertaken such as are required to be disclosed under FRSSE.

Pearltex Enterprises Limited

Management Information

Year ended 31 March 2026

The following pages do not form part of the financial statements.

Pearltex Enterprises Limited

Chartered Certified Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Pearltex Enterprises Limited

Year ended 31 March 2026

As described on the statement of financial position, the director of the company is responsible for the preparation of the financial statements for the year ended 31 March 2026, which comprise the statement of income and retained earnings, statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

Begg, Williamson & Co Chartered Certified Accountants

24 Church Road Crystal Palace London UK SE19 2ET

9 July 2026