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Company Registration No. 07256688 (England and Wales)
Purechem Limited Unaudited accounts for the year ended 31 May 2023
Purechem Limited Unaudited accounts Contents
Page
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Purechem Limited Company Information for the year ended 31 May 2023
Directors
Mark Dobby Wendy Dobby
Company Number
07256688 (England and Wales)
Registered Office
4 Red House Gardens Moor Road Bishop Monkton North Yorkshire HG3 3QF
Accountants
Business Works UK Ltd 4 Lidgett Lane Garforth Leeds West Yorkshire LS25 1EQ
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Purechem Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
25,999 
37,154 
Investment property
- 
188,696 
25,999 
225,850 
Current assets
Debtors
626,644 
509,874 
Cash at bank and in hand
1,016,490 
640,429 
1,643,134 
1,150,303 
Creditors: amounts falling due within one year
(476,244)
(471,319)
Net current assets
1,166,890 
678,984 
Total assets less current liabilities
1,192,889 
904,834 
Creditors: amounts falling due after more than one year
(31,677)
(38,206)
Net assets
1,161,212 
866,628 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
1,161,202 
866,618 
Shareholders' funds
1,161,212 
866,628 
For the year ending 31 May 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 25 October 2023 and were signed on its behalf by
Mark Dobby Director Company Registration No. 07256688
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Purechem Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Purechem Limited is a private company, limited by shares, registered in England and Wales, registration number 07256688. The registered office is 4 Red House Gardens, Moor Road, Bishop Monkton, North Yorkshire, HG3 3QF.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
25% Reducing balance
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Purechem Limited Notes to the Accounts for the year ended 31 May 2023
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2022
51,400 
30,897 
82,297 
Additions
- 
4,586 
4,586 
Disposals
- 
(28,304)
(28,304)
At 31 May 2023
51,400 
7,179 
58,579 
Depreciation
At 1 June 2022
22,488 
22,655 
45,143 
Charge for the year
7,228 
1,438 
8,666 
On disposals
- 
(21,229)
(21,229)
At 31 May 2023
29,716 
2,864 
32,580 
Net book value
At 31 May 2023
21,684 
4,315 
25,999 
At 31 May 2022
28,912 
8,242 
37,154 
5
Investment property
2023 
£ 
Fair value at 1 June 2022
188,696 
Disposals
(188,696)
At 31 May 2023
- 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
537,207 
502,325 
Amounts due from group undertakings etc.
80,000 
- 
Deferred tax asset
3,172 
1,569 
Accrued income and prepayments
3,065 
2,780 
Other debtors
3,200 
3,200 
626,644 
509,874 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
54,552 
69,308 
Obligations under finance leases and hire purchase contracts
6,529 
5,244 
Trade creditors
316,642 
333,415 
Taxes and social security
90,278 
75,795 
Loans from directors
8,085 
(12,561)
Accruals
158 
118 
476,244 
471,319 
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Purechem Limited Notes to the Accounts for the year ended 31 May 2023
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
31,677 
38,206 
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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