Pure & Safe Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC483467 (Scotland)

PURE & SAFE LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2021

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M C S Mcfarlan

B I Mcfarlan

REGISTERED OFFICE:

86 Dumbreck Road

Glasgow

G41 4SN

REGISTERED NUMBER:

SC483467 (Scotland)

ACCOUNTANTS:

Benham Conway & Co

16 Royal Crescent

Glasgow

G3 7SL

FIXED ASSETS

Tangible assets

4

1,106

2,227

CURRENT ASSETS

Debtors

5

48,656

62,048

Cash at bank

46,778

202,045

95,434

264,093

CREDITORS

Amounts falling due within one year

6

54,015

125,382

NET CURRENT ASSETS

41,419

138,711

TOTAL ASSETS LESS CURRENT LIABILITIES

42,525

140,938

CAPITAL AND RESERVES

Called up share capital

12

12

Retained earnings

42,513

140,926

SHAREHOLDERS' FUNDS

42,525

140,938

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 June 2022 and were signed on its behalf by:

Mrs M C S Mcfarlan - Director

B I Mcfarlan - Director

1.	STATUTORY INFORMATION

Pure & Safe Ltd is a private company, limited by shares , registered in Scotland. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER

Turnover represents commission earned during the year, net of value added tax.

TANGIBLE FIXED ASSETS

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

Plant and machinery etc

-

33% on cost

TAXATION

Taxation for the year comprises current 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 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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company makes contributions to the directors' personal pension schemes. Contributions payable to the directors' pension schemes 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 (2020 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2020

6,091

Additions

498

At 30 November 2021

6,589

DEPRECIATION

At 1 December 2020

3,864

Charge for year

1,619

At 30 November 2021

5,483

NET BOOK VALUE

At 30 November 2021

1,106

At 30 November 2020

2,227

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.21

30.11.20

£

£

Trade debtors

28,762

45,876

Other debtors

19,894

16,172

48,656

62,048

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.21

30.11.20

£

£

Taxation and social security

47,339

117,110

Other creditors

6,676

8,272

54,015

125,382