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Company Registration No. 08009089 (England and Wales)
Purecycle Limited Unaudited accounts for the year ended 31 March 2024
Purecycle Limited Unaudited accounts Contents
Page
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Purecycle Limited Company Information for the year ended 31 March 2024
Directors
L Oldershaw S Dayani
Company Number
08009089 (England and Wales)
Registered Office
The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN United Kingdom
Accountants
S A Acc'y Ltd The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN
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Purecycle Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
508 
677 
Current assets
Debtors
60,780 
61,822 
Creditors: amounts falling due within one year
(323,505)
(323,112)
Net current liabilities
(262,725)
(261,290)
Total assets less current liabilities
(262,217)
(260,613)
Creditors: amounts falling due after more than one year
(149,845)
(149,845)
Provisions for liabilities
Deferred tax
(97)
(129)
Net liabilities
(412,159)
(410,587)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(412,160)
(410,588)
Shareholders' funds
(412,159)
(410,587)
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 directors acknowledge their 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 of Directors and authorised for issue on 27 November 2024 and were signed on its behalf by
L Oldershaw Director Company Registration No. 08009089
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Purecycle Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Purecycle Limited is a private company, limited by shares, registered in England and Wales, registration number 08009089. The registered office is The Corner House, 4 Beaumont Road, Church Stretton, Shropshire, SY6 6BN, United Kingdom.
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:
Computer equipment
25% per annum - reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
3,774 
At 31 March 2024
3,774 
Depreciation
At 1 April 2023
3,097 
Charge for the year
169 
At 31 March 2024
3,266 
Net book value
At 31 March 2024
508 
At 31 March 2023
677 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
31,889 
31,889 
Amounts due from group undertakings etc.
19,621 
20,663 
Other debtors
9,270 
9,270 
60,780 
61,822 
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Purecycle Limited Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
59,736 
58,958 
Amounts owed to group undertakings and other participating interests
178,000 
178,000 
Taxes and social security
17,946 
18,150 
Loans from directors
67,409 
67,409 
Accruals
414 
595 
323,505 
323,112 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
149,845 
149,845 
8
Transactions with related parties
Loans were made in the year to Pure Cycle (Engineering) Ltd of £nil (2023: £9549). Balance owing at the year end £19621 (2023: £20078).
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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