Pure VIP Limited - Accounts to registrar (filleted) - small 18.2
Pure VIP Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED |
| 31 MARCH 2019 |
| FOR |
| PURE VIP LIMITED |
| PURE VIP LIMITED (REGISTERED NUMBER: 08193356) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| PURE VIP LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2019 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Pharmacy Chambers |
| High Street |
| Wadhurst |
| East Sussex |
| TN5 6AP |
| PURE VIP LIMITED (REGISTERED NUMBER: 08193356) |
| BALANCE SHEET |
| 31 MARCH 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| PURE VIP LIMITED (REGISTERED NUMBER: 08193356) |
| BALANCE SHEET - continued |
| 31 MARCH 2019 |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered. |
| The financial statements were approved by the director on |
| PURE VIP LIMITED (REGISTERED NUMBER: 08193356) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2019 |
| 1. | STATUTORY INFORMATION |
| Pure VIP Limited is a |
| The company's registered number and registered office address can be found on the |
| Company Information page. |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the 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 |
| Motor vehicles | - |
| Equipment | - |
| All fixed assets are initially recorded at cost. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and |
| loss account, except to the extent that it relates to items recognised in other comprehensive |
| income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that |
| have been enacted or substantively enacted by the balance sheet date. |
| PURE VIP LIMITED (REGISTERED NUMBER: 08193356) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2019 |
| 3. | ACCOUNTING POLICIES - continued |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not |
| reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in |
| periods different from those in which they are recognised in financial statements. Deferred |
| tax is measured using tax rates and laws that have been enacted or substantively enacted |
| by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it |
| is probable that they will be recovered against the reversal of deferred tax liabilities or other |
| future taxable profits. |
| 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over |
| the period of the lease. |
| Financial instruments |
| Financial liabilities and equity instruments are classified according to the substance of the |
| contractual arrangements entered into. An equity instrument is any contract that evidences a |
| residual interest in the assets of the entity after deducting all of its financial liabilities. |
| Where the contractual obligations of financial instruments (including share capital) are |
| equivalent to a similar debt instrument, those financial instruments are classed as financial |
| liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and |
| gains or losses relating to financial liabilities are included in the profit and loss account. |
| Finance costs are calculated so as to produce a constant rate of return on the outstanding |
| liability. |
| Where the contractual terms of share capital do not have any terms meeting the definition of |
| a financial liability then this is classed as an equity instrument. Dividends and distributions |
| relating to equity instruments are debited direct to equity. |
| Going concern |
| The accounts have been prepared on a going concern basis as the group and director are |
| willing to support the company for the foreseeable future. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2018 - NIL). |
| PURE VIP LIMITED (REGISTERED NUMBER: 08193356) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2019 |
| 5. | TANGIBLE FIXED ASSETS |
| Motor |
| vehicles | Equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2018 |
| and 31 March 2019 |
| DEPRECIATION |
| At 1 April 2018 |
| Charge for year |
| At 31 March 2019 |
| NET BOOK VALUE |
| At 31 March 2019 |
| At 31 March 2018 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Amounts owed by group undertakings |
| Deferred tax asset |
| Prepayments and accrued income |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Director's current account | 108,810 | 93,550 |
| Accruals and deferred income |
| 8. | DEFERRED TAX |
| £ |
| Balance at 1 April 2018 | ( |
) |
| Provided during year | ( |
) |
| Balance at 31 March 2019 | ( |
) |
| PURE VIP LIMITED (REGISTERED NUMBER: 08193356) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2019 |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2019 | 2018 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| 10. | RELATED PARTY DISCLOSURES |
| Included in debtors is a balance of £452 (2018: £25,290) due from Pure VIP SL, a company |
| incorporated in Spain, which share a director and shareholder. The amount is interest free |
| and repayable on demand. |
| Included in debtors is a balance of £43,841 (2018: £27,367) due from Pure Leisure |
| Management Holdings Limited, the parent company. The amount is interest free and |
| repayable on demand. |
| Included in creditors is a balance of £3,417 (2018: £Nil) due to Pure Management Limited. |
| The amount is interest free and repayable on demand. |