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REGISTERED NUMBER: 09512626 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

R.PURCELL LIMITED

R.PURCELL LIMITED (REGISTERED NUMBER: 09512626)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


R.PURCELL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr R J Purcell
Mrs J C Purcell





REGISTERED OFFICE: Unit 8, The Marina
Station Road
Furness Vale
High Peak
SK23 7QA





REGISTERED NUMBER: 09512626 (England and Wales)





ACCOUNTANTS: Allens Accountants Limited
Chartered Accountants
123 Wellington Road South
Stockport
Cheshire
SK1 3TH

R.PURCELL LIMITED (REGISTERED NUMBER: 09512626)

BALANCE SHEET
31 MARCH 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 229,757 28,227
Investments 5 1,274,400 -
1,504,157 28,227

CURRENT ASSETS
Stocks 4,065 5,602
Debtors 6 9,411 3,841
Cash at bank 35,692 76,759
49,168 86,202
CREDITORS
Amounts falling due within one year 7 1,304,420 67,523
NET CURRENT (LIABILITIES)/ASSETS (1,255,252 ) 18,679
TOTAL ASSETS LESS CURRENT
LIABILITIES

248,905

46,906

PROVISIONS FOR LIABILITIES 56,587 -
NET ASSETS 192,318 46,906

CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve 131,643 -
Retained earnings 60,575 46,806
SHAREHOLDERS' FUNDS 192,318 46,906

R.PURCELL LIMITED (REGISTERED NUMBER: 09512626)

BALANCE SHEET - continued
31 MARCH 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 16 August 2024 and were signed on its behalf by:





Mr R J Purcell - Director


R.PURCELL LIMITED (REGISTERED NUMBER: 09512626)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

R.purcell 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 as modified by the revaluation of certain assets.

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.
Land and buildings - 25% on reducing balance
Plant and machinery etc - 25% on reducing balance

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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

R.PURCELL LIMITED (REGISTERED NUMBER: 09512626)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 5,950 38,725 44,675
Additions 5,748 222,827 228,575
At 31 March 2024 11,698 261,552 273,250
DEPRECIATION
At 1 April 2023 2,003 14,445 16,448
Charge for year 1,347 25,698 27,045
At 31 March 2024 3,350 40,143 43,493
NET BOOK VALUE
At 31 March 2024 8,348 221,409 229,757
At 31 March 2023 3,947 24,280 28,227

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
Additions 1,209,262
Disposals (114,081 )
Revaluations 179,219
At 31 March 2024 1,274,400
NET BOOK VALUE
At 31 March 2024 1,274,400

Fixed asset investments are valued at quoted market price where available. Otherwise they are valued at fair value by the directors.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors 5,777 3,841
Other debtors 3,634 -
9,411 3,841

R.PURCELL LIMITED (REGISTERED NUMBER: 09512626)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade creditors 4,220 3,492
Taxation and social security 729 1,917
Other creditors 1,299,471 62,114
1,304,420 67,523

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/24 31/3/23
value: £    £   
52 Ordinary 1 52 52
24 Ordinary A 1 24 24
24 Ordinary B 1 24 24
100 100