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REGISTERED NUMBER: 01094019 (England and Wales)










Financial Statements

for the Year Ended 30 November 2023

for

Purdome Limited

Purdome Limited (Registered number: 01094019)

Contents of the Financial Statements
for the Year Ended 30 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Purdome Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: S B Patel





REGISTERED OFFICE: 86 Westmead Road
Sutton
Surrey
SM1 4HY





REGISTERED NUMBER: 01094019 (England and Wales)






Purdome Limited (Registered number: 01094019)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
Fixed assets
Intangible assets 4 1 1
Tangible assets 5 269,755 270,309
269,756 270,310

Current assets
Stocks 55,689 45,213
Debtors 6 757,193 757,357
Cash at bank and in hand 84,023 68,475
896,905 871,045
Creditors
Amounts falling due within one year 7 317,038 254,222
Net current assets 579,867 616,823
Total assets less current liabilities 849,623 887,133

Creditors
Amounts falling due after more than one
year

8

58,315

87,006
Net assets 791,308 800,127

Capital and reserves
Called up share capital 11 11
Retained earnings 791,297 800,116
Shareholders' funds 791,308 800,127

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Purdome Limited (Registered number: 01094019)

Balance Sheet - continued
30 November 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 6 August 2024 and were signed by:





S B Patel - Director


Purdome Limited (Registered number: 01094019)

Notes to the Financial Statements
for the Year Ended 30 November 2023


1. Statutory information

Purdome 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of the business is being
amortised evenly over its useful economic life

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 20% on cost
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Purdome Limited (Registered number: 01094019)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023


2. Accounting policies - continued
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.

No provision for Deferred tax has been made in these accounts as timing differences that have originated are likely to be reversed in the forseeable future.

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.

3. Employees and directors

The average number of employees during the year was 10 (2022 - 8 ) .

4. Intangible fixed assets
Goodwill
£   
Cost
At 1 December 2022
and 30 November 2023 4,500
Amortisation
At 1 December 2022
and 30 November 2023 4,499
Net book value
At 30 November 2023 1
At 30 November 2022 1

Purdome Limited (Registered number: 01094019)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023


5. Tangible fixed assets
Fixtures
Freehold and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 December 2022 198,328 106,192 90,149 6,661 401,330
Additions - 23,693 6,500 2,998 33,191
At 30 November 2023 198,328 129,885 96,649 9,659 434,521
Depreciation
At 1 December 2022 29,756 94,715 - 6,550 131,021
Charge for year 3,967 8,793 18,570 2,415 33,745
At 30 November 2023 33,723 103,508 18,570 8,965 164,766
Net book value
At 30 November 2023 164,605 26,377 78,079 694 269,755
At 30 November 2022 168,572 11,477 90,149 111 270,309

In the opinion of the director the market value of the Land & buildings would be approximately
£1,000,000 ( 2022 £1,000,000).

6. Debtors
30.11.23 30.11.22
£    £   
Amounts falling due within one year:
Trade debtors 224,557 229,146
Other debtors 47,338 35,866
271,895 265,012

Amounts falling due after more than one year:
Amount owed from Parent Undertaking 485,298 492,345

Aggregate amounts 757,193 757,357

7. Creditors: amounts falling due within one year
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 20,391 20,391
Trade creditors 240,999 187,741
Taxation and social security 27,048 16,990
Other creditors 18,600 19,100
317,038 254,222

Purdome Limited (Registered number: 01094019)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023


8. Creditors: amounts falling due after more than one year
30.11.23 30.11.22
£    £   
Bank loans 15,834 25,833
Hire purchase contracts 42,481 61,173
58,315 87,006

9. Secured debts

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Hire purchase contracts 62,872 81,564

The Hire Purchase Creditor is secured on the Motor Vehicle.

10. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

30.11.23 30.11.22
£    £   
S B Patel
Balance outstanding at start of year 2,801 2,102
Amounts advanced 5,261 699
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,062 2,801

The Director's Loan balance was fully repaid on 17 June 2024..

11. Related party disclosures

Cienna Limited is the ultimate holding company of Purdome Limited.

During the year:

(i) The company paid a dividend of £100,000 (2022 £100,000) to Cienna Limited

(ii) The company paid a commercial administration and Overheads charge of £ 25,000 (2022
£25,000) to Cienna Limited.

(iii) At the year end the company was owed £ 485,298 (2022 £492,345) by Cienna limited.

12. Ultimate controlling party

The company is under the control of Cienna limited ; the director together with his wife own the entire share capital of Cienna Limited.