PURPLE RESULTS LIMITED - Accounts to registrar (filleted) - small 18.2
PURPLE RESULTS LIMITED - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED |
| 31 DECEMBER 2017 |
| FOR |
| PURPLE RESULTS LIMITED |
| PURPLE RESULTS LIMITED (REGISTERED NUMBER: 03893959) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2017 |
| Page |
| Company information | 1 |
| Balance sheet | 2 |
| Notes to the financial statements | 3 |
| PURPLE RESULTS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 DECEMBER 2017 |
| Director: |
| Registered office: |
| Registered number: |
| Accountants: |
| 10 Pett Close |
| Hornchurch |
| Essex |
| RM11 1FF |
| Bankers: |
| 240 Whitechapel Road |
| London |
| E1 1BS |
| PURPLE RESULTS LIMITED (REGISTERED NUMBER: 03893959) |
| BALANCE SHEET |
| 31 DECEMBER 2017 |
| 31.12.17 | 31.12.16 |
| Notes | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Current assets |
| Stocks | 5 |
| Debtors | 6 |
| Cash at bank and in hand |
| Creditors |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| Net current assets |
| Total assets less current liabilities |
| Capital and reserves |
| Called up share capital |
| Retained earnings |
| Shareholders' funds |
| The director acknowledges his 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered. |
| The financial statements were approved by the director on |
| PURPLE RESULTS LIMITED (REGISTERED NUMBER: 03893959) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2017 |
| 1. | Statutory information |
| PURPLE RESULTS LIMITED is a |
| 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 |
| Turnover |
| Turnover comprises revenue recognised by the company in respect of goods and services supplied during the |
| year, exclusive of value added tax and trade discounts. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Work in progress is valued at the lower of cost and net realisable value. |
| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in |
| bringing stocks to their present location and condition. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those |
| held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance |
| leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element |
| of the future payments is treated as a liability. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to profit or loss in the period to which they relate. |
| Other debtors |
| Other debtors includes amounts incurred in developing new types of products for businesses using direct mail |
| as a marketing tool, plus amounts incurred in developing new markets and attracting new businesses.This will |
| generate future income for the company from customers both current and future.Now the development is |
| completed an additional income stream over the near future is anticipated and these costs will be written off over |
| the same period. |
| 3. | Employees and directors |
| The average number of employees during the year was |
| PURPLE RESULTS LIMITED (REGISTERED NUMBER: 03893959) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2017 |
| 4. | Tangible fixed assets |
| Fixtures |
| and | Motor | Computer |
| fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 January 2017 |
| Additions | ( |
) |
| Disposals | ( |
) | ( |
) |
| At 31 December 2017 |
| DEPRECIATION |
| At 1 January 2017 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 December 2017 |
| NET BOOK VALUE |
| At 31 December 2017 |
| At 31 December 2016 |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Motor |
| vehicles |
| £ |
| COST |
| At 1 January 2017 |
| and 31 December 2017 |
| DEPRECIATION |
| At 1 January 2017 |
| Charge for year |
| At 31 December 2017 |
| NET BOOK VALUE |
| At 31 December 2017 |
| At 31 December 2016 |
| 5. | Stocks |
| 31.12.17 | 31.12.16 |
| £ | £ |
| Work-in-progress |
| PURPLE RESULTS LIMITED (REGISTERED NUMBER: 03893959) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2017 |
| 6. | Debtors: amounts falling due within one year |
| 31.12.17 | 31.12.16 |
| £ | £ |
| Trade debtors |
| Other debtors |
| S419 tax | 7,009 | 7,009 |
| Directors' current accounts | 33,440 | 33,440 |
| VAT |
| Prepayments |
| Included in other debtors is an amount of £75,836 recoverable after more than one year. |
| 7. | Creditors: amounts falling due within one year |
| 31.12.17 | 31.12.16 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Tax |
| Social security and other taxes |
| Pension control account |
| Accrued expenses |
| 8. | Related party disclosures |
| Included within other debtors is an amount of £33,440 (2016: £33,440) owed by S S Morris, a director of the |
| company. |