Pearl Management (Grimsby) Limited - Period Ending 2015-03-31

Registration number: 3969897

Pearl Management (Grimsby) Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2015
 

Pearl Management (Grimsby) Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Pearl Management (Grimsby) Limited
(Registration number: 3969897)
Abbreviated Balance Sheet at 31 March 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					285,335			285,734
Current assets
Cash at bank and in hand					1,865			3,558
Creditors: Amounts falling due within one year					(12,633)			(13,994)
Net current liabilities					(10,768)			(10,436)
Total assets less current liabilities					274,567			275,298
Creditors: Amounts falling due after more than one year					(243,814)			(242,157)
Net assets					30,753			33,141
Capital and reserves
Called up share capital		3			311			311
Profit and loss account					30,442			32,830
Shareholders' funds					30,753			33,141

For the year ending 31 March 2015 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the director on 7 August 2015

.........................................
Mr CT Fuller
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Pearl Management (Grimsby) Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable in respect of the sale of services to customers. Rental income is recognised as received.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% reducing balance
Fixtures and fittings	15% reducing balance
Motor vehicles	25% reducing balance
Land and buildings	Not depreciated

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Pearl Management (Grimsby) Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2015
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2014		301,243			301,243
At 31 March 2015		301,243			301,243
Depreciation
At 1 April 2014		15,509			15,509
Charge for the year		399			399
At 31 March 2015		15,908			15,908
Net book value
At 31 March 2015		285,335			285,335
At 31 March 2014		285,734			285,734

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		150			150			150			150
Non equity shares of £1 each		161			161			161			161
		311			311			311			311

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