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
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
PURPLE JAY HERNE HILL LTD
Statement of financial position
as at 31 March 2024
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
Called up share capital
100
Profit and loss account
2,086
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
PURPLE JAY HERNE HILL LTD
Notes to the Accounts
for the period from 27 February 2023 to 31 March 2024
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.
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.
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:
Fixtures & fittings
25 % reducing balance
Computer equipment
25 % reducing balance
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 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 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.
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.
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
Charge for the period
44,000
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
Charge for the period
-
7,500
745
8,245
At 31 March 2024
-
7,500
745
8,245
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
Taxes and social security
17,083
7
Creditors: amounts falling due after more than one year
2024
Amounts owed to group undertakings and other participating interests
541,000
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.