Abbreviated Company Accounts - PURELY FINANCIAL GROUP LIMITED

PURELY FINANCIAL GROUP LIMITED - Company Information

06400104 PURELY FINANCIAL GROUP LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 06400104 2014-01-01 2014-12-31 06400104 2014-12-31 06400104 2013-12-31 06400104 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 06400104 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 06400104

PURELY FINANCIAL GROUP LIMITED

Abbreviated Accounts

31 December 2014

PURELY FINANCIAL GROUP LIMITED Registered Number 06400104

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Current assets
Debtors	2	663,495	-
		663,495	-
Creditors: amounts falling due within one year		(7,588)	(130,973)
Net current assets (liabilities)		655,907	(130,973)
Total assets less current liabilities		655,907	(130,973)
Total net assets (liabilities)		655,907	(130,973)
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		654,907	(131,973)
Shareholders' funds		655,907	(130,973)

For the year ending 31 December 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 September 2015

And signed on their behalf by:
Mr P R Munford, Director

PURELY FINANCIAL GROUP LIMITED Registered Number 06400104

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future.
The validity of this assumption depends on the company being able to trade profitably in the future and the continued support of the company's directors and connected companies. The financial statements do not include any adjustments that would result if the company continued to make losses and such support were withdrawn. If the company was unable to continue to trade, adjustments would have to be made to reduce the value of assets to their recoverable amounts, provide for further liabilities that may arise and to reclassify fixed assets and long term liabilities as current assets and liabilities. The directors and connected companies have expressed their willingness to continue supporting the company for the foreseeable future and hence it is appropriate for the financial statements to be prepared on a going concern basis.
1.2 Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).

Turnover policy
Turnover represents commissions and fees receivable net of VAT and trade discounts.

2Debtors

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,000 Ordinary shares of £1 each	1,000	1,000