Pure Professionals Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 09035041 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 12 May 2014 to 31 March 2015

for

Pure Professionals Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D J Stevens

Mrs A K Davies

REGISTERED OFFICE:

77a Alma Road

Clifton

Bristol

BS8 2DP

REGISTERED NUMBER:

09035041 (England and Wales)

FIXED ASSETS

Intangible assets

2

55,500

Tangible assets

3

2,922

58,422

CURRENT ASSETS

Stocks

1,408

Debtors

15,222

Cash at bank

8,563

25,193

CREDITORS

Amounts falling due within one year

44,788

NET CURRENT LIABILITIES

(19,595

)

TOTAL ASSETS LESS CURRENT LIABILITIES

38,827

CREDITORS

Amounts falling due after more than one year

(20,000

)

PROVISIONS FOR LIABILITIES

(584

)

NET ASSETS

18,243

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

18,143

SHAREHOLDERS' FUNDS

18,243

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2015 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 11 May 2015 and were signed on its behalf by:

D J Stevens - Director

Mrs A K Davies - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten 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

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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

Additions

60,000

At 31 March 2015

60,000

AMORTISATION

Amortisation for period

4,500

At 31 March 2015

4,500

NET BOOK VALUE

At 31 March 2015

55,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

3,946

Disposals

(350

)

At 31 March 2015

3,596

DEPRECIATION

Charge for period

674

At 31 March 2015

674

NET BOOK VALUE

At 31 March 2015

2,922

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.