Abbreviated Company Accounts - PURPLE DEMAND LIMITED

PURPLE DEMAND LIMITED - Company Information

08598778 PURPLE DEMAND LIMITED 2015-07-31 false 2014-08-01 2015-07-31 true 08598778 2014-08-01 2015-07-31 08598778 2015-07-31 08598778 2014-07-31 08598778 uk-gaap-cd-bus:Director1 2014-08-01 2015-07-31 08598778 uk-gaap-cd-bus:Director2 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 iso4217:GBP shares

Registered Number 08598778

PURPLE DEMAND LIMITED

Abbreviated Accounts

31 July 2015

PURPLE DEMAND LIMITED Registered Number 08598778

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	3,912	2,636
		3,912	2,636
Current assets
Debtors		224,413	132,030
Cash at bank and in hand		83,451	191,662
		307,864	323,692
Creditors: amounts falling due within one year		(234,921)	(202,138)
Net current assets (liabilities)		72,943	121,554
Total assets less current liabilities		76,855	124,190
Total net assets (liabilities)		76,855	124,190
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		76,853	124,188
Shareholders' funds		76,855	124,190

For the year ending 31 July 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 7 April 2016

And signed on their behalf by:
Andreas Hadjiandreou, Director

PURPLE DEMAND LIMITED Registered Number 08598778

Notes to the Abbreviated Accounts for the period ended 31 July 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the period and derives from the provision of services falling within the company's ordinary activities

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 25% straight line

Other accounting policies
Deferred taxation
No provision for deferred tax has been made since the directors are of the opinion that no liability will crystallise in the foreseeable future.

2Tangible fixed assets

	£
Cost
At 1 August 2014	3,515
Additions	2,623
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	6,138
Depreciation
At 1 August 2014	879
Charge for the year	1,347
On disposals	-
At 31 July 2015	2,226
Net book values
At 31 July 2015	3,912
At 31 July 2014	2,636

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

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2