Purple Sky Consulting Ltd - Abbreviated accounts

PURPLE SKY CONSULTING LIMITED - Company Information

Registered number

04728586

Purple Sky Consulting Ltd

Abbreviated Accounts

30 April 2014

Purple Sky Consulting Ltd

Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Purple Sky Consulting Ltd for the year ended 30 April 2014
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Purple Sky Consulting Ltd for the year ended 30 April 2014 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation.

N R Betts & Co
Chartered Accountants
Central House
1 Ballards Lane
Finchley
London
N3 1LQ

16 January 2015

Purple Sky Consulting Ltd
Registered number:		04728586
Abbreviated Balance Sheet
as at 30 April 2014

Notes			2014			2013
£				£
Fixed assets
Tangible assets	2		578			728

Current assets
Debtors		35,467			9,840
Cash at bank and in hand		35,713			84,309
		71,180			94,149

Creditors: amounts falling due within one year		(17,817)			(48,730)

Net current assets			53,363			45,419

Net assets			53,941			46,147

Capital and reserves
Called up share capital	3		10			10
Profit and loss account			53,931			46,137

Shareholder's funds			53,941			46,147

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Ms F Lodhi
Director
Approved by the board on 16 January 2015

Purple Sky Consulting Ltd
Notes to the Abbreviated Accounts
for the year ended 30 April 2014

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Office equipment	25% on reducing balance and 15% on reducing balance

	Work - in - progress
	Work - in - progress is valued in accordance with UITF40

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	At 1 May 2013					3,629
	At 30 April 2014					3,629

	Depreciation
	At 1 May 2013					2,901
	Charge for the year					150
	At 30 April 2014					3,051

	Net book value
	At 30 April 2014					578
	At 30 April 2013					728


3	Share capital	Nominal		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		10		10		10


4	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Ms F Lodhi
	Loan	-		35,467		-		35,467

		-		35,467		-		35,467