Abbreviated Company Accounts - PEARCARE LIMITED

01579984 PEARCARE LIMITED 2016-02-28 false 2015-03-01 2016-02-28 true 01579984 2015-03-01 2016-02-28 01579984 2016-02-28 01579984 2015-02-28 01579984 uk-gaap-cd-bus:Director1 2015-03-01 2016-02-28 01579984 uk-gaap-cd-bus:Director2 2015-03-01 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-01 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 iso4217:GBP shares

Registered Number 01579984

PEARCARE LIMITED

Abbreviated Accounts

28 February 2016

PEARCARE LIMITED Registered Number 01579984

Abbreviated Balance Sheet as at 28 February 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	5,495	5,962
		5,495	5,962
Current assets
Debtors		198,598	218,684
Cash at bank and in hand		567,862	533,509
		766,460	752,193
Creditors: amounts falling due within one year		(90,432)	(87,461)
Net current assets (liabilities)		676,028	664,732
Total assets less current liabilities		681,523	670,694
Total net assets (liabilities)		681,523	670,694
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		681,423	670,594
Shareholders' funds		681,523	670,694

For the year ending 28 February 2016 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 directors acknowledge their 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 Board on 8 November 2016

And signed on their behalf by:
Mr G.J. Patel, Director

PEARCARE LIMITED Registered Number 01579984

Notes to the Abbreviated Accounts for the period ended 28 February 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
The turnover shown in the profit and loss account represents exports of goods and other services invoiced during the year exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures & Fittings - 25% Reducing Balance

Other accounting policies
Pension costs
The company operates a defined contributions pension scheme for the directors. The annual contributions payable are charged to the profit and loss account.
Two directors are accruing benefits under money purchase schemes (2015 - two).

2Tangible fixed assets

	£
Cost
At 1 March 2015	44,158
Additions	907
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2016	45,065
Depreciation
At 1 March 2015	38,196
Charge for the year	1,374
On disposals	-
At 28 February 2016	39,570
Net book values
At 28 February 2016	5,495
At 28 February 2015	5,962

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100