PURE SHORE GLASS LIMITED - Accounts to registrar (filleted) - small 18.2

PURE SHORE GLASS LIMITED - Accounts to registrar (filleted) - small 18.2

PURE SHORE GLASS LIMITED - Company Information

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IRIS Accounts Production v20.3.4.1 08353234 director 1.2.19 31.1.20 31.1.20 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure083532342019-01-31083532342020-01-31083532342019-02-012020-01-31083532342018-01-31083532342018-02-012019-01-31083532342019-01-3108353234ns16:EnglandWales2019-02-012020-01-3108353234ns15:PoundSterling2019-02-012020-01-3108353234ns11:Director12019-02-012020-01-3108353234ns11:PrivateLimitedCompanyLtd2019-02-012020-01-3108353234ns11:SmallEntities2019-02-012020-01-3108353234ns11:AuditExempt-NoAccountantsReport2019-02-012020-01-3108353234ns11:SmallCompaniesRegimeForDirectorsReport2019-02-012020-01-3108353234ns11:SmallCompaniesRegimeForAccounts2019-02-012020-01-3108353234ns11:AbridgedAccounts2019-02-012020-01-3108353234ns11:OrdinaryShareClass12019-02-012020-01-3108353234ns11:RegisteredOffice2019-02-012020-01-3108353234ns6:CurrentFinancialInstruments2020-01-3108353234ns6:CurrentFinancialInstruments2019-01-3108353234ns6:ShareCapital2020-01-3108353234ns6:ShareCapital2019-01-3108353234ns6:RetainedEarningsAccumulatedLosses2020-01-3108353234ns6:RetainedEarningsAccumulatedLosses2019-01-3108353234ns6:PlantMachinery2019-02-012020-01-3108353234ns6:ComputerEquipment2019-02-012020-01-3108353234ns6:DeferredTaxation2019-01-3108353234ns6:DeferredTaxation2020-01-3108353234ns11:OrdinaryShareClass12020-01-3108353234ns6:RetainedEarningsAccumulatedLosses2019-01-3108353234ns6:RetainedEarningsAccumulatedLosses2019-02-012020-01-31
REGISTERED NUMBER: 08353234 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2020

FOR

PURE SHORE GLASS LIMITED
James Todd & Co Limited
1 & 2 The Barn
Oldwick
West Stoke Road
Chichester
West Sussex
PO18 9AA








PURE SHORE GLASS LIMITED (REGISTERED NUMBER: 08353234)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2020




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


PURE SHORE GLASS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2020







DIRECTOR: Miss R West





REGISTERED OFFICE: 2 Roselawn
June Lane
Midhurst
West Sussex
GU29 9EL





REGISTERED NUMBER: 08353234 (England and Wales)





ACCOUNTANTS: James Todd & Co Limited
1 & 2 The Barn
Oldwick
West Stoke Road
Chichester
West Sussex
PO18 9AA
Page 1
PURE SHORE GLASS LIMITED (REGISTERED NUMBER: 08353234)

ABRIDGED BALANCE SHEET
31 JANUARY 2020

31.1.20 31.1.19
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,148 6,712

CURRENT ASSETS
Debtors 8,513 14,420
Cash at bank and in hand 31,351 40,937
39,864 55,357
CREDITORS
Amounts falling due within one year 14,042 18,636
NET CURRENT ASSETS 25,822 36,721
TOTAL ASSETS LESS CURRENT LIABILITIES 30,970 43,433

PROVISIONS FOR LIABILITIES 5 978 1,275
NET ASSETS 29,992 42,158

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings 7 29,991 42,157
SHAREHOLDERS' FUNDS 29,992 42,158

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 notes form part of these financial statements

Page 2 continued...
PURE SHORE GLASS LIMITED (REGISTERED NUMBER: 08353234)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2020


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2020 in accordance with Section 444(2A) of the Companies Act 2006.

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 and authorised for issue on 21 January 2021 and were signed by:





Miss R West - Director


The notes form part of these financial statements

Page 3
PURE SHORE GLASS LIMITED (REGISTERED NUMBER: 08353234)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2020

1. STATUTORY INFORMATION

PURE SHORE GLASS 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, and are in sterling (£), which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors therefore adopt the going concern basis of accounting in preparing the financial statements.

Turnover
Turnover represents the amounts derived from the provision of goods and services falling within the company's ordinary activities, after deduction of trade discounts, value added tax and any other other 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 - 25% on reducing balance
Computer equipment - Straight line over 3 years

At each balance sheet date, the company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication of their values being impaired. Any impairment losses are then treated as an expense during the period.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


Page 4 continued...
PURE SHORE GLASS LIMITED (REGISTERED NUMBER: 08353234)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2020

2. 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2019 17,452
Additions 170
At 31 January 2020 17,622
DEPRECIATION
At 1 February 2019 10,740
Charge for year 1,734
At 31 January 2020 12,474
NET BOOK VALUE
At 31 January 2020 5,148
At 31 January 2019 6,712

5. PROVISIONS FOR LIABILITIES
31.1.20 31.1.19
£    £   
Deferred tax 978 1,275

Page 5 continued...
PURE SHORE GLASS LIMITED (REGISTERED NUMBER: 08353234)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2020

5. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 February 2019 1,275
Movement in year (297 )
Balance at 31 January 2020 978

6. CALLED UP SHARE CAPITAL


Allotted and issued:
Number: Class: Nominal 31.1.20 31.1.19
value: £    £   
1 Ordinary shares 1 1 1

7. RESERVES
Retained
earnings
£   

At 1 February 2019 42,157
Profit for the year 7,834
Dividends (20,000 )
At 31 January 2020 29,991

Page 6