Company Registration No. 8771685 (England and Wales)
Purecomm (UK) Limited
Abbreviated unaudited accounts
for the year ended 31 March 2016
Purecomm (UK) Limited
Abbreviated Balance Sheet
as at 31 March 2016
Intangible assets
757
1,034
Investments
365,654
365,654
Cash at bank and in hand
4,854
342,469
Creditors: amounts falling due within one year
(14,336)
(57,857)
Net current assets
366,761
456,511
Net assets
733,770
824,589
Called up share capital
423
423
Share premium
1,107,331
1,107,331
Profit and loss account
(373,984)
(283,165)
Total shareholders' funds
733,770
824,589
For the year ending 31 March 2016 the company was entitled to exemption from audit 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 22 December 2016
Charles Richard Bodycote
Director
Company Registration No. 8771685
Purecomm (UK) Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover represents the vat-exclusive value of services provided to customers.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
2 Years Straight Line
Intangible fixed assets are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Amortisation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Trade Marks 5 years Straight Line
Domain Names 5 years Straight Line
Research and product development
Expenditure on research and product development is written off in the year in which it is incurred.
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Shares in Group undertakings are stated at cost less any provision for impairment.
These Financial Statements present the results of the Company only, and not the consolidated results of the Group.
Purecomm (UK) Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
2
Intangible fixed assets
Other
3
Tangible fixed assets
Computer equipment
4
Investments
Other investments
Allotted, called up and fully paid:
423,180 Ordinary shares of £0.001 each
423.18
423.18
