Company Registration No. 07256688 (England and Wales)
Purechem Limited
Unaudited accounts
for the year ended 31 May 2024
Purechem Limited
Unaudited accounts
Contents
Purechem Limited
Company Information
for the year ended 31 May 2024
Directors
Mark Dobby
Wendy Dobby
Company Number
07256688 (England and Wales)
Registered Office
4 Red House Gardens
Moor Road
Bishop Monkton
North Yorkshire
HG3 3QF
Accountants
Business Works UK Ltd
4 Lidgett Lane
Garforth
Leeds
West Yorkshire
LS25 1EQ
Purechem Limited
Statement of financial position
as at 31 May 2024
Tangible assets
50,934
25,999
Cash at bank and in hand
1,274,747
1,016,490
Creditors: amounts falling due within one year
(405,024)
(476,244)
Net current assets
1,273,320
1,166,890
Total assets less current liabilities
1,324,254
1,192,889
Creditors: amounts falling due after more than one year
(48,627)
(31,677)
Net assets
1,275,627
1,161,212
Called up share capital
10
10
Profit and loss account
1,275,617
1,161,202
Shareholders' funds
1,275,627
1,161,212
For the year ending 31 May 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 2 January 2025 and were signed on its behalf by
Mark Dobby
Director
Company Registration No. 07256688
Purechem Limited
Notes to the Accounts
for the year ended 31 May 2024
Purechem Limited is a private company, limited by shares, registered in England and Wales, registration number 07256688. The registered office is 4 Red House Gardens, Moor Road, Bishop Monkton, North Yorkshire, HG3 3QF.
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:
Motor vehicles
25% Reducing balance
Fixtures & fittings
25% Reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2023
51,400
7,179
58,579
Disposals
(51,400)
-
(51,400)
At 31 May 2024
63,598
7,179
70,777
At 1 June 2023
29,716
2,864
32,580
Charge for the year
15,900
1,079
16,979
On disposals
(29,716)
-
(29,716)
At 31 May 2024
15,900
3,943
19,843
At 31 May 2024
47,698
3,236
50,934
At 31 May 2023
21,684
4,315
25,999
Purechem Limited
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
313,416
537,207
Amounts due from group undertakings etc.
80,000
80,000
Deferred tax asset
2,433
3,172
Accrued income and prepayments
4,548
3,065
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
7,285
6,529
Trade creditors
225,331
316,642
Taxes and social security
128,861
90,278
Loans from directors
938
8,085
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
48,627
31,677
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).