Pure & Safe Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: SC483467 (Scotland)

PURE & SAFE LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M C S Mcfarlan

B I Mcfarlan

REGISTERED OFFICE:

86 Dumbreck Road

Glasgow

G41 4SN

REGISTERED NUMBER:

SC483467 (Scotland)

ACCOUNTANTS:

Benham Conway & Co

16 Royal Crescent

Glasgow

G3 7SL

FIXED ASSETS

Tangible assets

4

484

1,039

CURRENT ASSETS

Debtors

5

50,249

60,491

Cash at bank

76,607

118,038

126,856

178,529

CREDITORS

Amounts falling due within one year

6

74,703

91,064

NET CURRENT ASSETS

52,153

87,465

TOTAL ASSETS LESS CURRENT LIABILITIES

52,637

88,504

CAPITAL AND RESERVES

Called up share capital

12

12

Retained earnings

52,625

88,492

SHAREHOLDERS' FUNDS

52,637

88,504

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2017 in accordance with Section 476 of the Companies Act 2006.

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 have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 13 April 2018 and were signed on its behalf by:

Mrs M C S Mcfarlan - Director

B I Mcfarlan - Director

1.	STATUTORY INFORMATION

Pure & Safe Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and

registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents commission earned during the year, net of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to

items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively

enacted by the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company makes contributions to the directors' personal pension schemes. Contributions payable to the directors'

pension schemes are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2016

and 30 November 2017

1,681

DEPRECIATION

At 1 December 2016

642

Charge for year

555

At 30 November 2017

1,197

NET BOOK VALUE

At 30 November 2017

484

At 30 November 2016

1,039

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.17

30.11.16

£

£

Trade debtors

34,527

44,769

Other debtors

15,722

15,722

50,249

60,491

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.17

30.11.16

£

£

Taxation and social security

62,766

73,935

Other creditors

11,937

17,129

74,703

91,064