Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-28The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-03-01falseNo description of principal activity11truetrue 08875874 2022-03-01 2023-02-28 08875874 2021-03-01 2022-02-28 08875874 2023-02-28 08875874 2022-02-28 08875874 c:Director1 2022-03-01 2023-02-28 08875874 d:ComputerEquipment 2022-03-01 2023-02-28 08875874 d:ComputerEquipment 2023-02-28 08875874 d:ComputerEquipment 2022-02-28 08875874 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 08875874 d:CurrentFinancialInstruments 2023-02-28 08875874 d:CurrentFinancialInstruments 2022-02-28 08875874 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 08875874 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 08875874 d:ShareCapital 2023-02-28 08875874 d:ShareCapital 2022-02-28 08875874 d:RetainedEarningsAccumulatedLosses 2023-02-28 08875874 d:RetainedEarningsAccumulatedLosses 2022-02-28 08875874 c:FRS102 2022-03-01 2023-02-28 08875874 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 08875874 c:FullAccounts 2022-03-01 2023-02-28 08875874 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 08875874 2 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Registered number: 08875874









PURPLE MISAKI LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
PURPLE MISAKI LTD
REGISTERED NUMBER: 08875874

BALANCE SHEET
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,445
668

  
1,445
668

Current assets
  

Debtors: amounts falling due within one year
 5 
44,875
60,193

Cash at bank and in hand
 6 
890,521
662,219

  
935,396
722,412

Creditors: amounts falling due within one year
 7 
(67,508)
(58,655)

Net current assets
  
 
 
867,888
 
 
663,757

Total assets less current liabilities
  
869,333
664,425

  

Net assets
  
869,333
664,425


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
869,233
664,325

  
869,333
664,425

Page 1

 
PURPLE MISAKI LTD
REGISTERED NUMBER: 08875874
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
MA Monica
Director

Date: 16 November 2023

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
PURPLE MISAKI LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

Purple Misaki Ltd is a private company limited by shares. The company is incorporated in England and Wales and the address of its registered office is 30 Cholmeley Crescent, London, N6 5HA. The registered number is 08875874.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
PURPLE MISAKI LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Computer equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 4

 
PURPLE MISAKI LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 March 2022
890


Additions
1,008



At 28 February 2023

1,898



Depreciation


At 1 March 2022
223


Charge for the year on owned assets
230



At 28 February 2023

453



Net book value



At 28 February 2023
1,445



At 28 February 2022
668


5.


Debtors

2023
2022
£
£


Trade debtors
44,875
60,193

44,875
60,193



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
890,521
662,219

890,521
662,219


Page 5

 
PURPLE MISAKI LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
47,811
36,417

Other taxation and social security
15,763
19,990

Other creditors
2,434
748

Accruals and deferred income
1,500
1,500

67,508
58,655


 
Page 6