Purple Lime Limited - Limited company - abbreviated - 11.9

Purple Lime Limited - Limited company - abbreviated - 11.9

PURPLE LIME LIMITED - Company Information

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REGISTERED NUMBER: SC432192 (Scotland)



















Abbreviated Unaudited Accounts

for the Year Ended 30 September 2015

for

Purple Lime Limited

Purple Lime Limited (Registered number: SC432192)

Contents of the Abbreviated Accounts
for the Year Ended 30 September 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Purple Lime Limited

Company Information
for the Year Ended 30 September 2015







DIRECTOR: U Ashraf





SECRETARY: U Ashraf





REGISTERED OFFICE: 21 Marine Crescent
The Toll Gate
Glasgow
Scotland
G51 1HD





REGISTERED NUMBER: SC432192 (Scotland)





ACCOUNTANTS: Jackson Moughal
2 Fitzroy Place
Sauchiehall Street
Glasgow
Lanarkshire
G3 7RH
Page 1
Purple Lime Limited (Registered number: SC432192)

Abbreviated Balance Sheet
30 September 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 22,932 13,748

CURRENT ASSETS
Stocks 10,855 8,988
Debtors 31,921 6,648
Cash at bank and in hand 54,157 36,774
96,933 52,410
CREDITORS
Amounts falling due within one year 34,417 28,329
NET CURRENT ASSETS 62,516 24,081
TOTAL ASSETS LESS CURRENT
LIABILITIES
85,448
37,829

CREDITORS
Amounts falling due after more than one
year
74,578
35,000
NET ASSETS 10,870 2,829

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 10,770 2,729
SHAREHOLDERS' FUNDS 10,870 2,829

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the Company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes on pages 4 to 5 form part of these abbreviated accounts

Page 2 continued...
Purple Lime Limited (Registered number: SC432192)

Abbreviated Balance Sheet - continued
30 September 2015


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 4 April 2016 and were signed by:





U Ashraf - Director


The notes on pages 4 to 5 form part of these abbreviated accounts

Page 3
Purple Lime Limited (Registered number: SC432192)

Notes to the Abbreviated Accounts
for the Year Ended 30 September 2015


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention in accordance with
the Financial Reporting Standard for Smaller Entities (effective January 2008). The following
principal accounting policies have been applied:

Accounting convention
The financial statements have been prepared using the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at
the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at
the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis
over the period of the lease.

Page 4 continued...
Purple Lime Limited (Registered number: SC432192)

Notes to the Abbreviated Accounts - continued
for the Year Ended 30 September 2015


2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2014 17,188
Additions 16,199
At 30 September 2015 33,387
DEPRECIATION
At 1 October 2014 3,440
Charge for year 7,015
At 30 September 2015 10,455
NET BOOK VALUE
At 30 September 2015 22,932
At 30 September 2014 13,748

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100

Page 5