Purple Bridge Group Limited - Limited company - abbreviated - 11.0.0
Purple Bridge Group Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| PURPLE BRIDGE GROUP LIMITED |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED |
| 31 DECEMBER 2013 |
| PURPLE BRIDGE GROUP LIMITED (REGISTERED NUMBER: 06607863) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the year ended 31 December 2013 |
| Page |
| Company information | 1 |
| Abbreviated balance sheet | 2 |
| Notes to the abbreviated accounts | 3 |
| PURPLE BRIDGE GROUP LIMITED |
| COMPANY INFORMATION |
| for the year ended 31 December 2013 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| PURPLE BRIDGE GROUP LIMITED (REGISTERED NUMBER: 06607863) |
| ABBREVIATED BALANCE SHEET |
| 31 December 2013 |
| 2013 | 2012 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Share premium |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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 financial statements were approved by the Board of Directors on |
| PURPLE BRIDGE GROUP LIMITED (REGISTERED NUMBER: 06607863) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the year ended 31 December 2013 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective April 2008). |
| 2. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 January 2013 | 786,859 |
| Additions | 14,462 |
| At 31 December 2013 | 801,321 |
| NET BOOK VALUE |
| At 31 December 2013 |
| At 31 December 2012 |
| The company's investments at the balance sheet date in the share capital of companies include the following: |
| Subsidiaries |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 14,410 | 14,410 |
| Profit for the year | 580,500 | 620,000 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary shares | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 1,044,898 | 590,882 |
| Profit for the year | 1,243,864 | 846,955 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary shares | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 641,123 | 497,606 |
| Profit for the year | 272,017 | 279,456 |
| PURPLE BRIDGE GROUP LIMITED (REGISTERED NUMBER: 06607863) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the year ended 31 December 2013 |
| 2. | FIXED ASSET INVESTMENTS - continued |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary shares | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 2 | 2 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary shares | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 1 | 1 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary shares | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 2 | 2 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary shares | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 1 | 1 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary shares | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 2 | 2 |
| PURPLE BRIDGE GROUP LIMITED (REGISTERED NUMBER: 06607863) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the year ended 31 December 2013 |
| 2. | FIXED ASSET INVESTMENTS - continued |
| Joint venture |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary shares | 50.00 |
| 2013 | 2012 |
| £ | £ |
| Aggregate capital and reserves | 63,339 | 39,685 |
| Profit for the year | 60,636 | 43,017 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2013 | 2012 |
| value: | £ | £ |
| Ordinary | .001 |
| Ordinary B | .001 |
| Convertible Preferred Ordinary | .001 |
| 284 | 255 |
| During the year, the company carried out a reorganisation of its share capital. |
| The 255 Ordinary shares of £1 each were split into 255,000 Ordinary shares of £0.001 each and then, of the |
| Ordinary shares, 21,250 were transferred into Ordinary B shares and 42,500 were transferred into Convertible |
| Preferred ordinary shares. |
| At the same time, 28,334 Ordinary B shares were issued in exchange for the remaining shares in Purple Bridge |
| Insurance Group Limited to bring the company's holding up to 100%. |
| 4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 December 2013 and |
| 31 December 2012: |
| 2013 | 2012 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |