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 09137553 Mrs Gayna Hankey Miss Stephanie Hankey Miss Stephanie Hankey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09137553 2022-07-31 09137553 2023-07-31 09137553 2022-08-01 2023-07-31 09137553 frs-core:CurrentFinancialInstruments 2023-07-31 09137553 frs-core:Non-currentFinancialInstruments 2023-07-31 09137553 frs-core:ComputerEquipment 2023-07-31 09137553 frs-core:ComputerEquipment 2022-08-01 2023-07-31 09137553 frs-core:ComputerEquipment 2022-07-31 09137553 frs-core:FurnitureFittings 2023-07-31 09137553 frs-core:FurnitureFittings 2022-08-01 2023-07-31 09137553 frs-core:FurnitureFittings 2022-07-31 09137553 frs-core:NetGoodwill 2023-07-31 09137553 frs-core:NetGoodwill 2022-08-01 2023-07-31 09137553 frs-core:NetGoodwill 2022-07-31 09137553 frs-core:PlantMachinery 2023-07-31 09137553 frs-core:PlantMachinery 2022-08-01 2023-07-31 09137553 frs-core:PlantMachinery 2022-07-31 09137553 frs-core:SharePremium 2023-07-31 09137553 frs-core:ShareCapital 2023-07-31 09137553 frs-core:RetainedEarningsAccumulatedLosses 2022-08-01 2023-07-31 09137553 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 09137553 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 09137553 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 09137553 frs-bus:SmallEntities 2022-08-01 2023-07-31 09137553 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 09137553 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 09137553 frs-bus:OrdinaryShareClass2 2022-08-01 2023-07-31 09137553 frs-bus:OrdinaryShareClass2 2023-07-31 09137553 frs-bus:OrdinaryShareClass3 2022-08-01 2023-07-31 09137553 frs-bus:OrdinaryShareClass3 2023-07-31 09137553 frs-bus:Director1 2022-08-01 2023-07-31 09137553 frs-bus:Director2 2022-08-01 2023-07-31 09137553 frs-bus:CompanySecretary1 2022-08-01 2023-07-31 09137553 frs-core:CurrentFinancialInstruments 4 2023-07-31 09137553 frs-countries:EnglandWales 2022-08-01 2023-07-31 09137553 2021-07-31 09137553 2022-07-31 09137553 2021-08-01 2022-07-31 09137553 frs-core:CurrentFinancialInstruments 2022-07-31 09137553 frs-core:Non-currentFinancialInstruments 2022-07-31 09137553 frs-core:SharePremium 2021-07-31 09137553 frs-core:SharePremium 2022-07-31 09137553 frs-core:ShareCapital 2021-07-31 09137553 frs-core:ShareCapital 2022-07-31 09137553 frs-core:RetainedEarningsAccumulatedLosses 2021-08-01 2022-07-31 09137553 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2021-07-31 09137553 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31 09137553 frs-bus:OrdinaryShareClass2 2021-08-01 2022-07-31 09137553 frs-bus:OrdinaryShareClass3 2021-08-01 2022-07-31 09137553 frs-core:CurrentFinancialInstruments 4 2022-07-31
Registered number: 09137553
Pure Wellbeing Limited
Unaudited Financial Statements
For The Year Ended 31 July 2023
Advoco (SW) Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—6
Page 1
Balance Sheet
Registered number: 09137553
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 8,461 10,072
8,461 10,072
CURRENT ASSETS
Stocks 6 25,000 25,323
Debtors 7 19,688 2,070
Cash at bank and in hand 77 4,542
44,765 31,935
Creditors: Amounts Falling Due Within One Year 8 (126,131 ) (90,427 )
NET CURRENT ASSETS (LIABILITIES) (81,366 ) (58,492 )
TOTAL ASSETS LESS CURRENT LIABILITIES (72,905 ) (48,420 )
Creditors: Amounts Falling Due After More Than One Year 9 (13,003 ) (20,428 )
NET LIABILITIES (85,908 ) (68,848 )
CAPITAL AND RESERVES
Called up share capital 10 2,111 2,111
Share premium account 12,889 12,889
Profit and Loss Account (100,908 ) (83,848 )
SHAREHOLDERS' FUNDS (85,908) (68,848)
Page 1
Page 2
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
Miss Stephanie Hankey
Director
24 April 2024
The notes on pages 4 to 6 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Share Premium Profit and Loss Account Total
£ £ £ £
As at 1 August 2021 2,111 12,889 (65,465 ) (50,465)
Loss for the year and total comprehensive income - - (18,383 ) (18,383)
As at 31 July 2022 and 1 August 2022 2,111 12,889 (83,848 ) (68,848)
Loss for the year and total comprehensive income - - (17,060 ) (17,060)
As at 31 July 2023 2,111 12,889 (100,908 ) (85,908)
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Pure Wellbeing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09137553 . The registered office is 8 Gainsborough Drive, Sherborne, Dorset, DT9 6DR.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised
evenly over its estimated useful life of five years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 33% on reducing balance
2.5. 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.
2.6. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2022: 2)
7 2
Page 4
Page 5
4. Intangible Assets
Goodwill
£
Cost
As at 1 August 2022 26,403
As at 31 July 2023 26,403
Amortisation
As at 1 August 2022 26,403
As at 31 July 2023 26,403
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2022 25,425 332 1,421 27,178
As at 31 July 2023 25,425 332 1,421 27,178
Depreciation
As at 1 August 2022 16,001 238 867 17,106
Provided during the period 1,414 14 183 1,611
As at 31 July 2023 17,415 252 1,050 18,717
Net Book Value
As at 31 July 2023 8,010 80 371 8,461
As at 1 August 2022 9,424 94 554 10,072
6. Stocks
2023 2022
£ £
Stock 25,000 25,323
7. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 2,333 2,070
Other debtors 17,355 -
19,688 2,070
Page 5
Page 6
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 678 667
Bank loans and overdrafts 7,400 7,528
Social security and other tax 4,597 -
VAT - 2,709
Pension 71 49
Accrued expenses 2,046 1,513
Directors' loan accounts 111,339 77,961
126,131 90,427
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans - 1-2 years 13,003 20,428
13,003 20,428
10. Share Capital
2023 2022
Allotted, called up but not fully paid £ £
1,000 Ordinary A shares of £ 1.00 each 1,000 1,000
1,111 Ordinary B shares of £ 1.00 each 1,111 1,111
2,111 -
Page 6