Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 7322596 Mr Akiva Grunhut Mrs Sarah Reichman Mr Akiva Grunhut true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 7322596 2022-07-31 7322596 2023-07-31 7322596 2022-08-01 2023-07-31 7322596 frs-core:CurrentFinancialInstruments 2023-07-31 7322596 frs-core:Non-currentFinancialInstruments 2023-07-31 7322596 frs-core:ShareCapital 2023-07-31 7322596 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 7322596 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 7322596 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 7322596 frs-bus:SmallEntities 2022-08-01 2023-07-31 7322596 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 7322596 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 7322596 frs-bus:OrdinaryShareClass1 2022-08-01 2023-07-31 7322596 frs-bus:OrdinaryShareClass1 2023-07-31 7322596 1 2022-08-01 2023-07-31 7322596 frs-bus:Director1 2022-08-01 2023-07-31 7322596 frs-bus:Director2 2022-08-01 2023-07-31 7322596 frs-countries:EnglandWales 2022-08-01 2023-07-31 7322596 2021-07-31 7322596 2022-07-31 7322596 2021-08-01 2022-07-31 7322596 frs-core:CurrentFinancialInstruments 2022-07-31 7322596 frs-core:Non-currentFinancialInstruments 2022-07-31 7322596 frs-core:ShareCapital 2022-07-31 7322596 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31 7322596 frs-bus:OrdinaryShareClass1 2021-08-01 2022-07-31
Registered number: 7322596
PUREST OF NATURE LIMITED
Unaudited Financial Statements
For The Year Ended 31 July 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 7322596
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 4,602 4,876
Debtors 5 40,340 40,340
Cash at bank and in hand 725 2,750
45,667 47,966
Creditors: Amounts Falling Due Within One Year 6 (18,741 ) (14,619 )
NET CURRENT ASSETS (LIABILITIES) 26,926 33,347
TOTAL ASSETS LESS CURRENT LIABILITIES 26,926 33,347
Creditors: Amounts Falling Due After More Than One Year 7 (32,464 ) (38,864 )
NET LIABILITIES (5,538 ) (5,517 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (5,539 ) (5,518 )
SHAREHOLDERS' FUNDS (5,538) (5,517)
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For the year ending 31 July 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Akiva Grunhut
Director
Mrs Sarah Reichman
Director
16th April 2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
PUREST OF NATURE LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 7322596 . The registered office is 10 Glaserton Road, London, N16 5QX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Stocks
2023 2022
£ £
Stock 4,602 4,876
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 40,340 40,340
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 6,215 6,215
Other creditors 12,226 7,984
Accruals and deferred income 300 420
18,741 14,619
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7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 32,464 38,864
8. Share Capital
2023 2022
Allotted, called up and fully paid £ £
1 Ordinary Shares of £ 1.000 each 1 1
9. Ultimate Controlling Party
The company's ultimate controlling party is Mr Akiva Grunhut by virtue of his ownership of 100% of the issued share capital in the company.
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