Purple Patch Uk Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06657041 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

PURPLE PATCH UK LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J Angell

R Angell

REGISTERED OFFICE:

8 Twisleton Court

Priory Hill

Dartford

Kent

DA1 2EN

REGISTERED NUMBER:

06657041 (England and Wales)

FIXED ASSETS

Intangible assets

2

265,503

280,253

Tangible assets

3

9,502

10,134

275,005

290,387

CURRENT ASSETS

Debtors

48,722

146,295

Cash in hand

258

293

48,980

146,588

CREDITORS

Amounts falling due within one year

181,234

276,524

NET CURRENT LIABILITIES

(132,254

)

(129,936

)

TOTAL ASSETS LESS CURRENT LIABILITIES

142,751

160,451

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

142,651

160,351

SHAREHOLDERS' FUNDS

142,751

160,451

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 3 February 2015 and were signed on its behalf by:

J Angell - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the

revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller

Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 January 2014

and 31 December 2014

295,003

AMORTISATION

At 1 January 2014

14,750

Amortisation for year

14,750

At 31 December 2014

29,500

NET BOOK VALUE

At 31 December 2014

265,503

At 31 December 2013

280,253

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

19,759

Additions

3,015

At 31 December 2014

22,774

DEPRECIATION

At 1 January 2014

9,625

Charge for year

3,647

At 31 December 2014

13,272

NET BOOK VALUE

At 31 December 2014

9,502

At 31 December 2013

10,134

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/14

31/12/13

value:

£

£

100

Ordinary

£1

100

100

5.	ULTIMATE CONTROLLING PARTY

The Company is controlled by Mrs J Angell, who owns 75% of the share capital.