Caseware UK (AP4) 2023.0.135 2023.0.135 1provision of consultancy services2023-03-01true1falsefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06057866 2023-03-01 2024-02-29 06057866 2022-03-01 2023-02-28 06057866 2024-02-29 06057866 2023-02-28 06057866 c:Director2 2023-03-01 2024-02-29 06057866 d:OfficeEquipment 2023-03-01 2024-02-29 06057866 d:OfficeEquipment 2024-02-29 06057866 d:OfficeEquipment 2023-02-28 06057866 d:CurrentFinancialInstruments 2024-02-29 06057866 d:CurrentFinancialInstruments 2023-02-28 06057866 c:FRS102 2023-03-01 2024-02-29 06057866 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 06057866 c:FullAccounts 2023-03-01 2024-02-29 06057866 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 06057866 e:PoundSterling 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure

Registered number: 06057866










PURPLE HAWK LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

For the Year Ended 29 February 2024

 
PURPLE HAWK LIMITED
Registered number: 06057866

BALANCE SHEET
As at 29 February 2024

29 February
28 February
2024
2023
Note
£
£

  

Fixed assets
  

Current assets
  

Cash at bank and in hand
 5 
49
10

  
49
10

Creditors: amounts falling due within one year
 6 
(3,096)
(3,824)

Net current liabilities
  
 
 
(3,047)
 
 
(3,814)

Total assets less current liabilities
  
(3,047)
(3,814)

  

  

  

Net assets excluding pension asset
  
(3,047)
(3,814)

Net liabilities
  
(3,047)
(3,814)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(3,147)
(3,914)

  
(3,047)
(3,814)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 November 2024.


Page 1

 
PURPLE HAWK LIMITED
Registered number: 06057866
    
BALANCE SHEET (CONTINUED)
As at 29 February 2024



Mrs M Hewlett
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
PURPLE HAWK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 29 February 2024

1.


General information

The entity is a private limited company incorporated in England & Wales. The company's registered office is located at Unit B, Newton Lane, Romsey, SO51 8LE..

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
PURPLE HAWK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 29 February 2024

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
PURPLE HAWK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 29 February 2024

4.


Tangible fixed assets







Office equipment

£



Cost or valuation


At 1 March 2023
1,027



At 29 February 2024

1,027



Depreciation


At 1 March 2023
1,027



At 29 February 2024

1,027



Net book value



At 29 February 2024
-



At 28 February 2023
-


5.


Cash and cash equivalents

29 February
28 February
2024
2023
£
£

Cash at bank and in hand
49
10

49
10



6.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Trade creditors
595
595

Other creditors
2,231
2,959

Accruals and deferred income
270
270

3,096
3,824


Page 5

 
PURPLE HAWK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 29 February 2024

7.


Related party transactions

At year end Mrs M Hewlett was owed £2,231 (2023 £2,110) by the company. 


8.


Controlling party

The company was under the day to day control of Mrs M. Hewlett, the director, throughout the period who at year end owned the company's entire share capital.

Page 6