Pearlgrove Estates Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04562411 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2019

FOR

PEARLGROVE ESTATES LTD

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

M N Dreyfuss

SECRETARY:

J Silver

REGISTERED OFFICE:

30 Castlewood Road

London

N16 6DW

REGISTERED NUMBER:

04562411 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

3

-

-

Investment property

4

10,000

10,000

10,000

10,000

CREDITORS

Amounts falling due within one year

153,019

152,875

NET CURRENT LIABILITIES

(153,019

)

(152,875

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(143,019

)

(142,875

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(143,020

)

(142,876

)

SHAREHOLDERS' FUNDS

(143,019

)

(142,875

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 30 April 2019 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 28 January 2020 and were signed by:

M N Dreyfuss - Director

1.	STATUTORY INFORMATION

Pearlgrove Estates Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets - depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

In accordance with Financial Reporting standard for Smaller Entities (effective April 2008), no depreciation or

amortisation is provided in respect of freehold investment properties nor on leasehold investment properties having

an unexpired term of more than twenty years. This departure from the requirements of the Companies Act 2006, for

all properties to be depreciated, is necessary, as the director considers that this accounting policy results in the

financial statements giving true and fair view.

Investment properties

Investment Properties are included in the Balance Sheet at historical cost, which is not in accordance with Financial

Reporting Standard for Smaller Entities, which requires such properties to be stated at current market value.

3.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2018

and 30 April 2019

39,971

DEPRECIATION

At 1 May 2018

and 30 April 2019

39,971

NET BOOK VALUE

At 30 April 2019

-

At 30 April 2018

-

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2018

and 30 April 2019

10,000

NET BOOK VALUE

At 30 April 2019

10,000

At 30 April 2018

10,000

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M N Dreyfuss.