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
PURPLE WOOD RESOURCES LTD
Company Information
for the year ended 31 March 2024
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
PURPLE WOOD RESOURCES LTD
Statement of financial position
as at 31 March 2024
Tangible assets
286,194
48,999
Cash at bank and in hand
126,256
14,665
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)
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
PURPLE WOOD RESOURCES LTD
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Charge for the year
13,168
1,210
631
55
15,064
At 31 March 2024
13,168
1,210
631
55
15,064
At 31 March 2024
250,187
22,981
11,990
1,036
286,194
At 31 March 2023
48,999
-
-
-
48,999
PURPLE WOOD RESOURCES LTD
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
-
21,794
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
126,041
46,122
Loans from directors
76,363
-
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 6 (2023: 7).