Abbreviated Company Accounts - PURPLE PARADOX ENTERPRISES LIMITED

Abbreviated Company Accounts - PURPLE PARADOX ENTERPRISES LIMITED


Registered Number 07418163

PURPLE PARADOX ENTERPRISES LIMITED

Abbreviated Accounts

24 April 2015

PURPLE PARADOX ENTERPRISES LIMITED Registered Number 07418163

Abbreviated Balance Sheet as at 24 April 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 4,800 5,600
Tangible assets 3 7,561 4,850
12,361 10,450
Current assets
Cash at bank and in hand 143,699 93,661
143,699 93,661
Creditors: amounts falling due within one year (16,902) (16,697)
Net current assets (liabilities) 126,797 76,964
Total assets less current liabilities 139,158 87,414
Total net assets (liabilities) 139,158 87,414
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 139,058 87,314
Shareholders' funds 139,158 87,414
  • For the year ending 24 April 2015 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 22 September 2015

And signed on their behalf by:
D McNicholl, Director

PURPLE PARADOX ENTERPRISES LIMITED Registered Number 07418163

Notes to the Abbreviated Accounts for the period ended 24 April 2015

1Accounting Policies

Basis of measurement and preparation of accounts
Accounting Policies

Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and Include the results of the Company's operations which are described in the Director’s Report and all of which are continuing.

The Company has taken advantage of the exemption in Financial Reporting Standard No.1 from the requirement to produce a cash flow statement on the
grounds that it is a small Company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the Company, net of Value Added Tax and trade discounts.

Deferred Taxation

No provision is necessary

2Intangible fixed assets
£
Cost
At 25 April 2014 8,000
Additions -
Disposals -
Revaluations -
Transfers -
At 24 April 2015 8,000
Amortisation
At 25 April 2014 2,400
Charge for the year 800
On disposals -
At 24 April 2015 3,200
Net book values
At 24 April 2015 4,800
At 24 April 2014 5,600
3Tangible fixed assets
£
Cost
At 25 April 2014 6,510
Additions 3,557
Disposals -
Revaluations -
Transfers -
At 24 April 2015 10,067
Depreciation
At 25 April 2014 1,660
Charge for the year 846
On disposals -
At 24 April 2015 2,506
Net book values
At 24 April 2015 7,561
At 24 April 2014 4,850
4Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100 Ordinary shares of £1 each 100 100