Pearl Systems International Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 09536091 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2017

FOR

PEARL SYSTEMS INTERNATIONAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S Berry

REGISTERED OFFICE:

St James's House

8 Overcliffe

Gravesend

Kent

DA11 0HJ

REGISTERED NUMBER:

09536091 (England and Wales)

ACCOUNTANTS:

The Carley Partnership

St James's House

8 Overcliffe

Gravesend

Kent

DA11 0HJ

FIXED ASSETS

Tangible assets

4

625

-

Investments

5

72

72

697

72

CURRENT ASSETS

Debtors

6

210,037

259,603

Cash at bank

236,986

125,782

447,023

385,385

CREDITORS

Amounts falling due within one year

7

406,334

342,726

NET CURRENT ASSETS

40,689

42,659

TOTAL ASSETS LESS CURRENT LIABILITIES

41,386

42,731

PROVISIONS FOR LIABILITIES

119

-

NET ASSETS

41,267

42,731

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

41,167

42,631

SHAREHOLDERS' FUNDS

41,267

42,731

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 29 January 2018 and were signed by:

S Berry - Director

1.	STATUTORY INFORMATION

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

Preparation of consolidated financial statements

The financial statements contain information about Pearl Systems International Limited as an individual company

and do not contain consolidated financial information as the parent of a group. The company has taken the

option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

Straight line over 3 years

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling

at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

941

At 30 April 2017

941

DEPRECIATION

Charge for year

316

At 30 April 2017

316

NET BOOK VALUE

At 30 April 2017

625

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 May 2016

and 30 April 2017

72

NET BOOK VALUE

At 30 April 2017

72

At 30 April 2016

72

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

206,573

250,401

Amounts owed by group undertakings

3,464

-

Other debtors

-

9,202

210,037

259,603

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

204,207

203,121

Taxation and social security

85,982

71,243

Other creditors

116,145

68,362

406,334

342,726

8.	FIRST YEAR ADOPTION

The company has adopted the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102. No

changes were required to the figures reported previously under UK GAAP to bring them into line with the new

standard, and so no reconciliation statements are provided.