| PURE CREATIVE MANAGEMENT LTD |
| Registered number: |
07062493 |
| Abbreviated Balance Sheet |
| as at 31 October 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
41,250 |
|
|
48,750 |
| Tangible assets |
3 |
|
|
9,569 |
|
|
12,759 |
|
|
|
|
50,819 |
|
|
61,509 |
|
| Current assets |
| Stocks |
|
|
9,365 |
|
|
9,365 |
| Debtors |
|
|
- |
|
|
28,156 |
| Cash at bank and in hand |
|
|
2,877 |
|
|
- |
|
|
|
12,242 |
|
|
37,521 |
|
| Creditors: amounts falling due within one year |
|
|
(84,166) |
|
|
(249,435) |
|
| Net current liabilities |
|
|
|
(71,924) |
|
|
(211,914) |
|
| Total assets less current liabilities |
|
|
|
(21,105) |
|
|
(150,405) |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(221,430) |
|
|
(75,000) |
|
|
|
| Net liabilities |
|
|
|
(242,535) |
|
|
(225,405) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
- |
|
|
1 |
| Profit and loss account |
|
|
|
(242,535) |
|
|
(225,406) |
|
| Shareholders' funds |
|
|
|
(242,535) |
|
|
(225,405) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Ms S J Rudd |
| Director |
| Approved by the board on 20 January 2017 |
|
| PURE CREATIVE MANAGEMENT LTD |
| Notes to the Abbreviated Accounts |
| for the year ended 31 October 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% reducing balance |
|
0 |
|
|
0 |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 November 2015 |
75,000 |
|
At 31 October 2016 |
75,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 November 2015 |
26,250 |
|
Provided during the year |
7,500 |
|
At 31 October 2016 |
33,750 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2016 |
41,250 |
|
At 31 October 2015 |
48,750 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 November 2015 |
28,915 |
|
At 31 October 2016 |
28,915 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2015 |
16,156 |
|
Charge for the year |
3,190 |
|
At 31 October 2016 |
19,346 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2016 |
9,569 |
|
At 31 October 2015 |
12,759 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
- |
|
- |
|
1 |
|
|
|
|
|
|
|
|
|
