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Company Registration No. 12038884 (England and Wales)
PURPLE WOOD RESOURCES LTD Unaudited accounts for the year ended 31 March 2024
PURPLE WOOD RESOURCES LTD Unaudited accounts Contents
Page
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PURPLE WOOD RESOURCES LTD Company Information for the year ended 31 March 2024
Director
Fahad Ahmed Loon
Company Number
12038884 (England and Wales)
Registered Office
36 Harrington Road Worcester Worcestershire WR2 5HD England
Accountants
AAC Chartered Accountants Unit 2, Batley Business Park Technology Drive BATLEY WEST YORKSHIRE WF17 6ER
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PURPLE WOOD RESOURCES LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
286,194 
48,999 
Current assets
Inventories
(83,042)
- 
Debtors
83,042 
45,003 
Cash at bank and in hand
126,256 
14,665 
126,256 
59,668 
Creditors: amounts falling due within one year
(329,666)
(50,819)
Net current (liabilities)/assets
(203,410)
8,849 
Total assets less current liabilities
82,784 
57,848 
Creditors: amounts falling due after more than one year
(44,719)
(50,158)
Net assets
38,065 
7,690 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
37,965 
7,590 
Shareholders' funds
38,065 
7,690 
For the year ending 31 March 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.
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 16 October 2024 and were signed on its behalf by
Fahad Ahmed Loon Director Company Registration No. 12038884
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PURPLE WOOD RESOURCES LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
PURPLE WOOD RESOURCES LTD is a private company, limited by shares, registered in England and Wales, registration number 12038884. The registered office is 36 Harrington Road, Worcester, Worcestershire, WR2 5HD, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
5% on a reducing balance basis
Motor vehicles
5% on a reducing balance basis
Fixtures & fittings
5% on a reducing balance basis
Computer equipment
5% on a reducing balance basis
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
48,999 
- 
- 
- 
48,999 
Additions
214,356 
24,191 
12,621 
1,091 
252,259 
At 31 March 2024
263,355 
24,191 
12,621 
1,091 
301,258 
Depreciation
Charge for the year
13,168 
1,210 
631 
55 
15,064 
At 31 March 2024
13,168 
1,210 
631 
55 
15,064 
Net book value
At 31 March 2024
250,187 
22,981 
11,990 
1,036 
286,194 
At 31 March 2023
48,999 
- 
- 
- 
48,999 
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PURPLE WOOD RESOURCES LTD Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
83,042 
- 
Amounts due from group undertakings etc.
- 
21,794 
Other debtors
- 
23,209 
83,042 
45,003 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,307 
4,697 
Trade creditors
126,041 
46,122 
Other creditors
124,955 
- 
Loans from directors
76,363 
- 
329,666 
50,819 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
44,719 
50,158 
8
Average number of employees
During the year the average number of employees was 6 (2023: 7).
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