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REGISTERED NUMBER: 10291927 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

PURE SET LIMITED

PURE SET LIMITED (REGISTERED NUMBER: 10291927)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PURE SET LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: S A Rothwell





REGISTERED OFFICE: 63 Main Street
Beswick
Driffield
East Yorkshire
YO25 9AU





REGISTERED NUMBER: 10291927 (England and Wales)





ACCOUNTANTS: Jackson Robson Licence Limited
33-35 Exchange Street
Driffield
East Yorkshire
YO25 6LL

PURE SET LIMITED (REGISTERED NUMBER: 10291927)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 25,876 29,669

CURRENT ASSETS
Stocks 23,206 45,567
Debtors 5 7,057 5,633
Cash at bank 17,085 44,662
47,348 95,862
CREDITORS
Amounts falling due within one year 6 26,412 47,512
NET CURRENT ASSETS 20,936 48,350
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,812

78,019

CREDITORS
Amounts falling due after more than one year 7 (17,562 ) (21,772 )

PROVISIONS FOR LIABILITIES (4,916 ) -
NET ASSETS 24,334 56,247

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 24,234 56,147
SHAREHOLDERS' FUNDS 24,334 56,247

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PURE SET LIMITED (REGISTERED NUMBER: 10291927)

BALANCE SHEET - continued
31 JULY 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 October 2023 and were signed by:





S A Rothwell - Director


PURE SET LIMITED (REGISTERED NUMBER: 10291927)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

Pure Set Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance, 15% on reducing balance and 10% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

PURE SET LIMITED (REGISTERED NUMBER: 10291927)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022 44,849
Additions 1,403
At 31 July 2023 46,252
DEPRECIATION
At 1 August 2022 15,180
Charge for year 5,196
At 31 July 2023 20,376
NET BOOK VALUE
At 31 July 2023 25,876
At 31 July 2022 29,669

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 2,400
Other debtors 7,057 3,233
7,057 5,633

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 21,224 28,299
Trade creditors 101 -
Taxation and social security 3,324 14,191
Other creditors 1,763 5,022
26,412 47,512

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 17,562 21,772

PURE SET LIMITED (REGISTERED NUMBER: 10291927)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

8. RELATED PARTY DISCLOSURES

As at 31st July 2023 the company owed the director £262 (2022: £177).

This loan is interest free and repayable on demand.

9. ULTIMATE CONTROLLING PARTY

The controlling party is S A Rothwell.