IRIS Accounts Production v24.2.0.383 08772215 Board of Directors 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh087722152022-11-30087722152023-11-30087722152022-12-012023-11-30087722152021-11-30087722152021-12-012022-11-30087722152022-11-3008772215ns15:EnglandWales2022-12-012023-11-3008772215ns14:PoundSterling2022-12-012023-11-3008772215ns10:Director12022-12-012023-11-3008772215ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3008772215ns10:SmallEntities2022-12-012023-11-3008772215ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3008772215ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3008772215ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3008772215ns10:FullAccounts2022-12-012023-11-3008772215ns10:Director22022-12-012023-11-3008772215ns10:RegisteredOffice2022-12-012023-11-3008772215ns5:CurrentFinancialInstruments2023-11-3008772215ns5:CurrentFinancialInstruments2022-11-3008772215ns5:ShareCapital2023-11-3008772215ns5:ShareCapital2022-11-3008772215ns5:RetainedEarningsAccumulatedLosses2023-11-3008772215ns5:RetainedEarningsAccumulatedLosses2022-11-3008772215ns5:PlantMachinery2022-11-3008772215ns5:PlantMachinery2022-12-012023-11-3008772215ns5:PlantMachinery2023-11-3008772215ns5:PlantMachinery2022-11-3008772215ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3008772215ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30
REGISTERED NUMBER: 08772215 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 November 2023

for

PURER POWER LIMITED

PURER POWER LIMITED (REGISTERED NUMBER: 08772215)

Contents of the Financial Statements
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PURER POWER LIMITED

Company Information
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: R J E Peel
R H Ross





REGISTERED OFFICE: 8-10 Old Market Place
Altrincham
WA14 4DF





REGISTERED NUMBER: 08772215 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
The Lexicon
10-12 Mount Street
Manchester
M2 5NT

PURER POWER LIMITED (REGISTERED NUMBER: 08772215)

Balance Sheet
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 45,000 50,625

CURRENT ASSETS
Debtors 5 16,796 14,188
Cash at bank 22,168 5,593
38,964 19,781
CREDITORS
Amounts falling due within one year 6 36,643 39,016
NET CURRENT ASSETS/(LIABILITIES) 2,321 (19,235 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

47,321

31,390

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 47,021 31,090
47,321 31,390

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 directors acknowledge their 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.

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 Board of Directors and authorised for issue on 13 August 2024 and were signed on its behalf by:





R J E Peel - Director


PURER POWER LIMITED (REGISTERED NUMBER: 08772215)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Purer Power 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

Accounting convention
These financial statements have been prepared in accordance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Solar panels Over 16 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

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.


PURER POWER LIMITED (REGISTERED NUMBER: 08772215)

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.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Cash at bank and in hand
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The judgements and estimates are used in determining the useful economic life of the company's assets and relate to depreciation calculated in the statutory accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

PURER POWER LIMITED (REGISTERED NUMBER: 08772215)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 December 2022
and 30 November 2023 90,000
DEPRECIATION
At 1 December 2022 39,375
Charge for year 5,625
At 30 November 2023 45,000
NET BOOK VALUE
At 30 November 2023 45,000
At 30 November 2022 50,625

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 6,151 7,575
Other debtors 10,645 6,613
16,796 14,188

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 9,442 469
Taxation and social security 414 757
Other creditors 26,787 37,790
36,643 39,016

7. DIRECTORS' TRANSACTIONS

During the year, £9,254 was advanced to the company by R J E Peel and no loan repayments were made by the company. At 30 November 2023 the company owed amounts to the director of £12,681 (2022: £21,934).

During the year, there were no further funds advanced to the company by R H Ross and no loan repayments were made by the company. At 30 November 2023, the company owed amounts to the director of £12,681 (2022: £12,681).

The total amounts due to directors at the year end was £25,362 (2022: £34,615) which is included within other creditors