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Company Registration No. 09583906 (England and Wales)
Purple Cloud IT Limited Unaudited accounts for the year ended 31 May 2024
Purple Cloud IT Limited Unaudited accounts Contents
Page
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Purple Cloud IT Limited Company Information for the year ended 31 May 2024
Director
Aaron Nihat
Company Number
09583906 (England and Wales)
Registered Office
Cornwall It Limited Tremough Innovation Centre Penryn Cornwall It Limited TR10 9TA
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Purple Cloud IT Limited for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Purple Cloud IT Limited for the year ended 31 May 2024 as set out on pages 5 - 6 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Chartered Certified Accountants 12 August 2024
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Purple Cloud IT Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,424 
1,396 
Current assets
Debtors
9,494 
18,255 
Cash at bank and in hand
8,545 
24,877 
18,039 
43,132 
Creditors: amounts falling due within one year
(23,861)
(26,432)
Net current (liabilities)/assets
(5,822)
16,700 
Total assets less current liabilities
(4,398)
18,096 
Creditors: amounts falling due after more than one year
(1,211)
(7,708)
Net (liabilities)/assets
(5,609)
10,388 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(5,709)
10,288 
Shareholders' funds
(5,609)
10,388 
For the year ending 31 May 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 12 August 2024 and were signed on its behalf by
Aaron Nihat Director Company Registration No. 09583906
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Purple Cloud IT Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Purple Cloud IT Limited is a private company, limited by shares, registered in England and Wales, registration number 09583906. The registered office is Cornwall It Limited, Tremough Innovation Centre, Penryn, Cornwall It Limited, TR10 9TA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
3 years
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 June 2023
5,590 
Additions
835 
At 31 May 2024
6,425 
Depreciation
At 1 June 2023
4,194 
Charge for the year
807 
At 31 May 2024
5,001 
Net book value
At 31 May 2024
1,424 
At 31 May 2023
1,396 
5
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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