PEARL GLOBAL LIMITED - Filleted accounts

Registered number

07228835

PEARL GLOBAL LIMITED

Filleted Accounts

31 March 2018

PEARL GLOBAL LIMITED
Registered number:		07228835
Balance Sheet
as at 31 March 2018

Notes			2018			2017
£				£
Current assets
Debtors	2	(98)			13,152
Cash at bank and in hand		39,755			40,184
		39,657			53,336

Creditors: amounts falling due within one year	3	(13,468)			(44,580)

Net current assets			26,189			8,756

Net assets			26,189			8,756

Capital and reserves
Called up share capital			100			100
Profit and loss account			26,089			8,656

Shareholders' funds			26,189			8,756

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




Mrs M Parker
Director
Approved by the board on 14 December 2018

PEARL GLOBAL LIMITED
Notes to the Accounts
for the year ended 31 March 2018


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 and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	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.

2	Debtors	2018		2017
£			£

	Trade debtors	(98)		13,152


3	Creditors: amounts falling due within one year	2018		2017
£			£

	Trade creditors	3,900		5,110
	Taxation and social security costs	9,213		7,129
	Other creditors	355		32,341
		13,468		44,580


4	Other information

	PEARL GLOBAL LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Felt Court
	Windmill Lane Industrial Estate
	Denton
	Manchester
	M34 3RB