Abbreviated Company Accounts - PURPLE PATCH LONDON LTD

PURPLE PATCH LONDON LTD - Company Information

08033589 PURPLE PATCH LONDON LTD 2014-03-31 false 2013-04-01 2014-03-31 true 08033589 2013-04-01 2014-03-31 08033589 2014-03-31 08033589 2013-03-31 08033589 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 08033589 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 08033589

PURPLE PATCH LONDON LTD

Abbreviated Accounts

31 March 2014

PURPLE PATCH LONDON LTD Registered Number 08033589

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	4,850	6,381
		4,850	6,381
Current assets
Stocks		9,536	6,585
Debtors	3	6,400	10,246
Cash at bank and in hand		14,478	1,030
		30,414	17,861
Creditors: amounts falling due within one year		(56,201)	(33,833)
Net current assets (liabilities)		(25,787)	(15,972)
Total assets less current liabilities		(20,937)	(9,591)
Total net assets (liabilities)		(20,937)	(9,591)
Capital and reserves
Called up share capital	4	100	1
Profit and loss account		(21,037)	(9,592)
Shareholders' funds		(20,937)	(9,591)

For the year ending 31 March 2014 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 14 December 2014

And signed on their behalf by:
Muhammad Furqan Yameen, Director

PURPLE PATCH LONDON LTD Registered Number 08033589

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents total value of goods sold and services provided during the period.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 33% on cost and 20% on cost

Other accounting policies
Stocks:
Stocks are valued at the lower of cost and net realizable value, after making due allowance for obsolete and slow moving items.

2Tangible fixed assets

	£
Cost
At 1 April 2013	6,892
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	6,892
Depreciation
At 1 April 2013	511
Charge for the year	1,531
On disposals	-
At 31 March 2014	2,042
Net book values
At 31 March 2014	4,850
At 31 March 2013	6,381

3Debtors

	2014 £	2013 £
Debtors include the following amounts due after more than one year	6,400	6,400

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each (1 shares for 2013)	100	1