PURE_GLOW_LIMITED - Accounts

PURE GLOW LIMITED - Company Information

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Company Registration No. 07042468 (England and Wales)

PURE GLOW LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2015

PURE GLOW LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

PURE GLOW LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 OCTOBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

31,139

34,644

Current assets

Stocks

340,340

337,400

Debtors

373,764

340,533

Cash at bank and in hand

11,585

17,493

725,689

695,426

Creditors: amounts falling due within one year

(728,782)

(702,077)

Net current liabilities

(3,093)

(6,651)

Total assets less current liabilities

28,046

27,993

Capital and reserves

Called up share capital

100

Profit and loss account

27,946

27,893

Shareholders' funds

28,046

27,993

For the financial year ended 31 October 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 26 January 2016

Mr J R Court

Mrs J R Mulligan

Director

Company Registration No. 07042468

PURE GLOW LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2015

- 2 -

Accounting policies

1.1

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).

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).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

15% & 20% reducing balance

Fixtures, fittings & equipment

15% reducing balance

Motor vehicles

25% reducing balance

Fixed assets

Tangible assets

Cost

At 1 November 2014

58,397

Additions

1,800

At 31 October 2015

60,197

Depreciation

At 1 November 2014

23,753

Charge for the year

5,305

At 31 October 2015

29,058

Net book value

At 31 October 2015

31,139

At 31 October 2014

34,644

Creditors: amounts falling due within one year

The aggregate amount of creditors for which security has been given amounted to £290,220 (2014 - £285,534).

PURE GLOW LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary Shares of £1 each

100