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REGISTERED NUMBER: 06309527 (England and Wales)















Abridged Unaudited Financial Statements for the Year Ended 31 December 2023

for

Purecontent Media Limited

Purecontent Media Limited (Registered number: 06309527)

Contents of the Financial Statements
for the Year Ended 31 December 2023










Page

Company Information 1

Chartered Accountants' Report 2

Abridged Balance Sheet 3

Notes to the Financial Statements 5


Purecontent Media Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: D C Hobart
O L Marsden





SECRETARY: Mrs A E Hobart





REGISTERED OFFICE: Lawrence House
5 St. Andrews Hill
Norwich
NR2 1AD





REGISTERED NUMBER: 06309527 (England and Wales)





ACCOUNTANTS: JDC Chartered Accountants and Business Advisors
Dencora Court
2 Meridian Way
Norwich
Norfolk
NR7 0TA

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Purecontent Media Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Purecontent Media Limited for the year ended 31 December 2023 which comprise the Income Statement, Abridged Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Purecontent Media Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Purecontent Media Limited and state those matters that we have agreed to state to the Board of Directors of Purecontent Media Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Purecontent Media Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Purecontent Media Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Purecontent Media Limited. You consider that Purecontent Media Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Purecontent Media Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






JDC Chartered Accountants and Business Advisors
Dencora Court
2 Meridian Way
Norwich
Norfolk
NR7 0TA


17 September 2024

Purecontent Media Limited (Registered number: 06309527)

Abridged Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 541 2,890
Tangible assets 5 81,108 112,603
81,649 115,493

CURRENT ASSETS
Debtors 444,155 532,502
Cash at bank 386,550 547,743
830,705 1,080,245
CREDITORS
Amounts falling due within one year 523,724 592,953
NET CURRENT ASSETS 306,981 487,292
TOTAL ASSETS LESS CURRENT
LIABILITIES

388,630

602,785

CREDITORS
Amounts falling due after more than one
year

(40,005

)

(62,538

)

PROVISIONS FOR LIABILITIES (19,755 ) (26,938 )
NET ASSETS 328,870 513,309

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 327,870 512,309
SHAREHOLDERS' FUNDS 328,870 513,309

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Purecontent Media Limited (Registered number: 06309527)

Abridged Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 September 2024 and were signed on its behalf by:




D C Hobart - Director



O L Marsden - Director


Purecontent Media Limited (Registered number: 06309527)

Notes to the Financial Statements
for the Year Ended 31 December 2023


1. STATUTORY INFORMATION

Purecontent Media 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 represents invoiced sales adjusted for amounts invoiced in advance of projects being completed, net of discounts and excluding value added tax.

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.

Websites, domain names and software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on cost

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.

Purecontent Media Limited (Registered number: 06309527)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 43 (2022 - 36 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 42,026
Additions 556
At 31 December 2023 42,582
AMORTISATION
At 1 January 2023 39,136
Amortisation for year 2,905
At 31 December 2023 42,041
NET BOOK VALUE

At 31 December 2023 541
At 31 December 2022 2,890

Purecontent Media Limited (Registered number: 06309527)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 220,402
Additions 15,645
At 31 December 2023 236,047
DEPRECIATION
At 1 January 2023 107,799
Charge for year 47,140
At 31 December 2023 154,939
NET BOOK VALUE
At 31 December 2023 81,108
At 31 December 2022 112,603

6. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.12.23 31.12.22
£    £   
Net obligations repayable:
Within one year 12,533 12,926
Between one and five years 25,005 37,538
37,538 50,464

Non-cancellable operating leases
31.12.23 31.12.22
£    £   
Within one year 20,594 29,198
Between one and five years - 20,594
20,594 49,792

7. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Bank loans 25,000 35,000

The bank loan is secured by way of a fixed and floating charge over the assets of the company.