| PURELIFE HOLDINGS LIMITED |
| Registered number: |
05253980 |
| Balance Sheet |
| as at 30 September 2022 |
|
| Notes |
|
|
2022 |
|
|
2021 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
3,262 |
|
|
2,264 |
| Investments Property |
4 |
|
|
1,707,359 |
|
|
2,437,254 |
|
|
|
|
1,710,621 |
|
|
2,439,518 |
|
| Current assets |
| Debtors |
5 |
|
5,184,854 |
|
|
5,094,990 |
| Cash at bank and in hand |
|
|
3,287 |
|
|
8,520 |
|
|
|
5,188,141 |
|
|
5,103,510 |
|
| Creditors: amounts falling due within one year |
6 |
|
(160,968) |
|
|
(1,014,974) |
|
| Net current assets |
|
|
|
5,027,173 |
|
|
4,088,536 |
|
| Total assets less current liabilities |
|
|
|
6,737,794 |
|
|
6,528,054 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(2,397,343) |
|
|
(2,062,685) |
|
| Provisions for liabilities |
|
|
|
(702) |
|
|
(702) |
|
|
| Net assets |
|
|
|
4,339,749 |
|
|
4,464,667 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Revaluation reserve |
8 |
|
|
(6,034) |
|
|
(6,034) |
| Profit and loss account |
|
|
|
4,345,782 |
|
|
4,470,700 |
|
| Shareholders' funds |
|
|
|
4,339,749 |
|
|
4,464,667 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
| Mr Josh Ajit Singh Arora |
| Director |
| Approved by the board on 30 June 2023 |
|
| PURELIFE HOLDINGS LIMITED |
| Notes to the Accounts |
| for the year ended 30 September 2022 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration for rent receivable, net of discounts.
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Fixtures and fittings |
20% SLM |
|
|
Investments Property |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
| 2 |
Employees |
2022 |
|
2021 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Fixtures |
|
Motor vehicles |
|
Total |
Total |
| and fittings |
£ |
£ |
£ |
|
Cost |
|
At 1 October 2021 |
7,150 |
|
- |
|
7,150 |
7,150 |
|
Additions |
- |
|
3,035 |
|
3,035 |
3,035 |
|
At 30 September 2022 |
7,150 |
|
3,035 |
|
10,185 |
10,185 |
|
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2021 |
4,886 |
|
- |
|
4,886 |
4,886 |
|
Charge for the year |
1,430 |
|
607 |
|
2,037 |
2,037 |
|
At 30 September 2022 |
6,316 |
|
607 |
|
6,923 |
6,923 |
|
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2022 |
834 |
|
2,428 |
|
3,262 |
3,262 |
|
At 30 September 2021 |
2,264 |
|
- |
|
2,264 |
2,264 |
|
|
| 4 |
Investments Properties |
| Investments in |
| subsidiary |
Other |
| undertakings |
investments |
Total |
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 October 2021 |
18 |
|
2,437,236 |
|
2,437,254 |
2,437,254 |
|
Credit note |
- |
|
(729,895) |
|
(729,895) |
(729,895) |
|
|
At 30 September 2022 |
18 |
|
1,707,341 |
|
1,707,359 |
1,707,359 |
|
|
| 5 |
Debtors |
2022 |
|
2021 |
| £ |
£ |
|
|
Trade debtors |
30,577 |
|
6,075 |
|
Other debtors |
5,154,277 |
|
5,088,915 |
|
|
|
|
|
|
5,184,854 |
|
5,094,990 |
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2022 |
|
2021 |
| £ |
£ |
|
|
Trade creditors |
2,386 |
|
885,627 |
|
Corporation Tax |
111,577 |
|
118,009 |
|
Other creditors |
47,005 |
|
11,338 |
|
|
|
|
|
|
160,968 |
|
1,014,974 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2022 |
|
2021 |
| £ |
£ |
|
|
Bank loans |
2,397,343 |
|
2,062,685 |
|
Provision for Liabilities |
702 |
|
702 |
|
|
|
|
|
|
2,398,045 |
|
2,063,387 |
|
|
|
|
|
|
|
|
|
|
Bank loans is secured by first legal charge over investment property held by the company. |
|
|
| 8 |
Non-distributable profits reserve |
2022 |
|
2021 |
| £ |
£ |
|
|
At 1 October 2021 |
(6,034) |
|
1,423,829 |
|
Loss on revaluation of land and buildings |
- |
|
(1,765,263) |
|
Deferred taxation arising on the revaluation of investment property |
- |
|
335,400 |
|
|
At 30 September 2022 |
(6,034) |
|
(6,034) |
|
|
|
|
|
|
|
|
|
|
The non-distributable revenue is used to segregate the unrealised profit on investment property |
|
| 9 |
Comparable figures |
|
The previous year figures are regrouped or rearranged to make them comparable with current year |
|
figures. |
|
| 10 |
Other information |
|
|
PURELIFE HOLDINGS LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
3rd Floor |
|
207 Regent Street |
|
London, |
|
United Kingdom, |
|
W1B 3HH |
