Company Registration No. 12447948 (England and Wales)
TRUE PURPOSE LTD
Unaudited accounts
for the year ended 29 February 2024
TRUE PURPOSE LTD
Unaudited accounts
Contents
TRUE PURPOSE LTD
Company Information
for the year ended 29 February 2024
Company Number
12447948 (England and Wales)
Registered Office
Old Engine House
Cooks Pond Road
Liphook
GU30 7JY
ENGLAND
Accountants
Lateral Accounting Ltd
2 Chestnut Road
Kingston Upon Thames
KT2 5AP
TRUE PURPOSE LTD
Statement of financial position
as at 29 February 2024
Tangible assets
1,817
1,922
Cash at bank and in hand
35,916
9,311
Creditors: amounts falling due within one year
(17,859)
(4,289)
Net current assets
37,682
17,502
Called up share capital
1
1
Profit and loss account
39,498
19,423
Shareholders' funds
39,499
19,424
For the year ending 29 February 2024 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 director acknowledges her 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 and authorised for issue on 31 March 2024 and were signed on its behalf by
NIVEN, Louise
Director
Company Registration No. 12447948
TRUE PURPOSE LTD
Notes to the Accounts
for the year ended 29 February 2024
TRUE PURPOSE LTD is a private company, limited by shares, registered in England and Wales, registration number 12447948. The registered office is Old Engine House, Cooks Pond Road, Liphook, GU30 7JY, 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
335 straight line method
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
542
4,761
5,303
At 29 February 2024
542
7,189
7,731
At 1 March 2023
136
3,245
3,381
Charge for the year
136
2,397
2,533
At 29 February 2024
272
5,642
5,914
At 29 February 2024
270
1,547
1,817
At 28 February 2023
406
1,516
1,922
Amounts falling due within one year
Trade debtors
12,600
10,800
TRUE PURPOSE LTD
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
15,374
3,587
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).