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Company Registration No. 14690533 (England and Wales)
PURPLE JAY HERNE HILL LTD Unaudited accounts for the period from 27 February 2023 to 31 March 2024
PURPLE JAY HERNE HILL LTD Unaudited accounts Contents
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PURPLE JAY HERNE HILL LTD Company Information for the period from 27 February 2023 to 31 March 2024
Director
Jarrod John Ayling
Company Number
14690533 (England and Wales)
Registered Office
34 WAVENEY AVENUE LONDON SE15 3UE ENGLAND
Accountants
Relax Tax Limited 5 Central Parade Station Road Sidcup Kent DA15 7DH
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PURPLE JAY HERNE HILL LTD Statement of financial position as at 31 March 2024
2024 
Notes
£ 
Fixed assets
Intangible assets
176,000 
Tangible assets
1,859,228 
2,035,228 
Current assets
Cash at bank and in hand
60,734 
Creditors: amounts falling due within one year
(110,511)
Net current liabilities
(49,777)
Total assets less current liabilities
1,985,451 
Creditors: amounts falling due after more than one year
(1,977,081)
Provisions for liabilities
Deferred tax
(6,184)
Net assets
2,186 
Capital and reserves
Called up share capital
100 
Profit and loss account
2,086 
Shareholders' funds
2,186 
For the period 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 13 November 2024 and were signed on its behalf by
Jarrod John Ayling Director Company Registration No. 14690533
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PURPLE JAY HERNE HILL LTD Notes to the Accounts for the period from 27 February 2023 to 31 March 2024
1
Statutory information
PURPLE JAY HERNE HILL LTD is a private company, limited by shares, registered in England and Wales, registration number 14690533. The registered office is 34 WAVENEY AVENUE, LONDON, SE15 3UE, 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 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:
Fixtures & fittings
25 % reducing balance
Computer equipment
25 % reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Intangible asset is amortised over its useful economic life of five years.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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PURPLE JAY HERNE HILL LTD Notes to the Accounts for the period from 27 February 2023 to 31 March 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 27 February 2023
- 
Additions
220,000 
At 31 March 2024
220,000 
Amortisation
At 27 February 2023
- 
Charge for the period
44,000 
At 31 March 2024
44,000 
Net book value
At 31 March 2024
176,000 
5
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 27 February 2023
- 
- 
- 
- 
Additions
1,834,493 
30,000 
2,980 
1,867,473 
At 31 March 2024
1,834,493 
30,000 
2,980 
1,867,473 
Depreciation
Charge for the period
- 
7,500 
745 
8,245 
At 31 March 2024
- 
7,500 
745 
8,245 
Net book value
At 31 March 2024
1,834,493 
22,500 
2,235 
1,859,228 
6
Creditors: amounts falling due within one year
2024 
£ 
Bank loans and overdrafts
48,117 
Trade creditors
4,114 
Taxes and social security
17,083 
Other creditors
28,247 
Loans from directors
900 
Accruals
12,050 
110,511 
7
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
1,436,081 
Amounts owed to group undertakings and other participating interests
541,000 
1,977,081 
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PURPLE JAY HERNE HILL LTD Notes to the Accounts for the period from 27 February 2023 to 31 March 2024
8
Average number of employees
During the period the average number of employees was 15.
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