Abbreviated Company Accounts - PURELY FINANCIAL GROUP LIMITED
Abbreviated Company Accounts - PURELY FINANCIAL GROUP LIMITED
Registered Number 06400104
PURELY FINANCIAL GROUP LIMITED
Abbreviated Accounts
31 December 2015
PURELY FINANCIAL GROUP LIMITED Registered Number 06400104
Abbreviated Balance Sheet as at 31 December 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Current assets | |||
Debtors |
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Creditors: amounts falling due within one year |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 2 |
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Profit and loss account |
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Shareholders' funds |
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For the year ending 31 December 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
And signed on their behalf by:
PURELY FINANCIAL GROUP LIMITED Registered Number 06400104
Notes to the Abbreviated Accounts for the period ended 31 December 2015
1Accounting Policies
Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective January 2015).
The financial statements have been prepared on a going concern basis which assumes that the company
will continue in operational existence for the foreseeable future.
The validity of this assumption depends on the company being able to trade profitably in the future and the
continued support of the company's directors and connected companies. The financial statements do not
include any adjustments that would result if the company continued to make losses and such support were
withdrawn. If the company was unable to continue to trade, adjustments would have to be made to reduce
the value of assets to their recoverable amounts, provide for further liabilities that may arise and to
reclassify fixed assets and long term liabilities as current assets and liabilities. The directors and connected
companies have expressed their willingness to continue supporting the company for the foreseeable future
and hence it is appropriate for the financial statements to be prepared on a going concern basis.
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).
Turnover policy