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
Purple Cloud IT Limited
Company Information
for the year ended 31 May 2024
Company Number
09583906 (England and Wales)
Registered Office
Cornwall It Limited
Tremough Innovation Centre
Penryn
Cornwall It Limited
TR10 9TA
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
Purple Cloud IT Limited
Statement of financial position
as at 31 May 2024
Tangible assets
1,424
1,396
Cash at bank and in hand
8,545
24,877
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
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
Purple Cloud IT Limited
Notes to the Accounts
for the year ended 31 May 2024
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.
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
3 years
4
Tangible fixed assets
Total
5
Average number of employees
During the year the average number of employees was 5 (2023: 5).