Company Registration No. 11435890 (England and Wales)
Pure Cycle (Engineering) Limited
Unaudited accounts
for the year ended 30 June 2023
Pure Cycle (Engineering) Limited
Unaudited accounts
Contents
Pure Cycle (Engineering) Limited
Company Information
for the year ended 30 June 2023
Directors
M Oldershaw
L Oldershaw
Company Number
11435890 (England and Wales)
Registered Office
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
England
Accountants
S A Acc'y Ltd
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
Pure Cycle (Engineering) Limited
Statement of financial position
as at 30 June 2023
Tangible assets
1,906
2,000
Cash at bank and in hand
4,238
1,429
Creditors: amounts falling due within one year
(312,807)
(267,655)
Net current liabilities
(290,030)
(219,137)
Total assets less current liabilities
(288,124)
(217,137)
Creditors: amounts falling due after more than one year
(106,410)
(31,667)
Provisions for liabilities
Net liabilities
(394,896)
(249,184)
Called up share capital
10
10
Profit and loss account
(394,906)
(249,194)
Shareholders' funds
(394,896)
(249,184)
For the year ending 30 June 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2023 and were signed on its behalf by
M Oldershaw
Director
Company Registration No. 11435890
Pure Cycle (Engineering) Limited
Notes to the Accounts
for the year ended 30 June 2023
Pure Cycle (Engineering) Limited is a private company, limited by shares, registered in England and Wales, registration number 11435890. The registered office is The Corner House, 4 Beaumont Road, Church Stretton, Shropshire, SY6 6BN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% per annum on cost
4
Tangible fixed assets
Computer equipment
Pure Cycle (Engineering) Limited
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
10,000
Amounts owed to group undertakings and other participating interests
19,862
20,936
Taxes and social security
142,077
171,044
Other creditors
70,000
60,000
Loans from directors
70,349
4,299
7
Creditors: amounts falling due after more than one year
2023
2022
8
Transactions with related parties
At the year end the company was owed £2866 £2022: £1716) by a connected company L3m Cleanfuel Limited.
At the year end the company owed £19862 (2022: £20936) to a connected company Purecycle Limited.
9
Average number of employees
During the year the average number of employees was 4 (2022: 4).