PEARL_REVERSIONS_LIMITED - Accounts

PEARL REVERSIONS LIMITED - Company Information

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Company Registration No. 04932986 (England and Wales)

PEARL REVERSIONS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2015

PEARL REVERSIONS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

PEARL REVERSIONS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 AUGUST 2015

- 1 -

2015

2014

Notes

Current assets

Stocks

202,078

268,598

Cash at bank and in hand

539

626

202,617

269,224

Creditors: amounts falling due within one year

(157,800)

(257,539)

Total assets less current liabilities

44,817

11,685

Capital and reserves

Called up share capital

100

Profit and loss account

44,717

11,585

Shareholders' funds

44,817

11,685

For the financial period ended 31 August 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 11 February 2016

S A Lopian

Director

Company Registration No. 04932986

PEARL REVERSIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 AUGUST 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements have been prepared on a going concern basis. The company is dependant on the support of the directors S & P Lopian, on the understanding that they do not intend to withdraw their support for the company within the next twelve months. The directors consider it to be appropriate to prepare the accounts on a going concern basis. The financial statements do not include any adjustments that might be necessary if the directors were to withdraw their funding.

1.2

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary of £1 each

100