IRIS Accounts Production v24.3.2.46 03382117 Board of Directors 1.7.23 30.6.24 30.6.24 true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh033821172023-06-30033821172024-06-30033821172023-07-012024-06-30033821172022-06-30033821172022-07-012023-06-30033821172023-06-3003382117ns15:EnglandWales2023-07-012024-06-3003382117ns14:PoundSterling2023-07-012024-06-3003382117ns10:Director12023-07-012024-06-3003382117ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3003382117ns10:SmallEntities2023-07-012024-06-3003382117ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3003382117ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3003382117ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3003382117ns10:FullAccounts2023-07-012024-06-3003382117ns10:Director22023-07-012024-06-3003382117ns10:CompanySecretary12023-07-012024-06-3003382117ns10:RegisteredOffice2023-07-012024-06-3003382117ns5:CurrentFinancialInstruments2024-06-3003382117ns5:CurrentFinancialInstruments2023-06-3003382117ns5:Non-currentFinancialInstruments2024-06-3003382117ns5:Non-currentFinancialInstruments2023-06-3003382117ns5:ShareCapital2024-06-3003382117ns5:ShareCapital2023-06-3003382117ns5:RetainedEarningsAccumulatedLosses2024-06-3003382117ns5:RetainedEarningsAccumulatedLosses2023-06-3003382117ns5:PlantMachinery2023-07-012024-06-3003382117ns5:PlantMachinery2023-06-3003382117ns5:PlantMachinery2024-06-3003382117ns5:PlantMachinery2023-06-3003382117ns5:AdditionsToInvestments2024-06-3003382117ns5:CostValuation2024-06-3003382117ns5:Subsidiary12023-07-012024-06-3003382117ns5:Subsidiary112023-07-012024-06-3003382117ns5:Subsidiary12024-06-3003382117ns5:Subsidiary12023-06-3003382117ns5:Subsidiary12023-06-3003382117ns5:Subsidiary12022-07-012023-06-3003382117ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-06-3003382117ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3003382117ns5:Non-currentFinancialInstruments2023-07-012024-06-3003382117ns5:WithinOneYear2024-06-3003382117ns5:WithinOneYear2023-06-3003382117ns5:BetweenOneFiveYears2024-06-3003382117ns5:BetweenOneFiveYears2023-06-3003382117ns5:AllPeriods2024-06-3003382117ns5:AllPeriods2023-06-3003382117ns5:DeferredTaxation2023-06-3003382117ns5:DeferredTaxation2023-07-012024-06-3003382117ns5:DeferredTaxation2024-06-30
REGISTERED NUMBER: 03382117 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

THE PURPLE GROUP LIMITED

THE PURPLE GROUP LIMITED (REGISTERED NUMBER: 03382117)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE PURPLE GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mr D Latter
Mr S Atterwell





SECRETARY: Mr D Latter





REGISTERED OFFICE: The Granary
Kingston House Estate
Kingston Bagpuize
Abingdon
Oxfordshire
OX13 5AX





REGISTERED NUMBER: 03382117 (England and Wales)





ACCOUNTANTS: Gibson Whitter
Chartered Accountants
and Chartered Tax Advisers
Larch House
Parklands Business Park
Denmead
Hampshire
PO7 6XP

THE PURPLE GROUP LIMITED (REGISTERED NUMBER: 03382117)

BALANCE SHEET
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,570 48,546
Investments 5 1 -
18,571 48,546

CURRENT ASSETS
Debtors 6 212,286 206,763
Cash at bank and in hand 20,680 161,727
232,966 368,490
CREDITORS
Amounts falling due within one year 7 138,595 291,985
NET CURRENT ASSETS 94,371 76,505
TOTAL ASSETS LESS CURRENT
LIABILITIES

112,942

125,051

CREDITORS
Amounts falling due after more than one
year

8

(9,608

)

(19,884

)

PROVISIONS FOR LIABILITIES 10 (4,642 ) (10,141 )
NET ASSETS 98,692 95,026

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 98,592 94,926
SHAREHOLDERS' FUNDS 98,692 95,026

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

THE PURPLE GROUP LIMITED (REGISTERED NUMBER: 03382117)

BALANCE SHEET - continued
30 JUNE 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 21 January 2025 and were signed on its behalf by:





Mr D Latter - Director


THE PURPLE GROUP LIMITED (REGISTERED NUMBER: 03382117)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

The Purple Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

THE PURPLE GROUP LIMITED (REGISTERED NUMBER: 03382117)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 437,844
Additions 1,607
Disposals (22,550 )
At 30 June 2024 416,901
DEPRECIATION
At 1 July 2023 389,298
Charge for year 25,123
Eliminated on disposal (16,090 )
At 30 June 2024 398,331
NET BOOK VALUE
At 30 June 2024 18,570
At 30 June 2023 48,546

5. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
Additions 1
At 30 June 2024 1
NET BOOK VALUE
At 30 June 2024 1

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Rippl Group Limited
Registered office: The Granary, Kingston House Estate, Kingston Bagpuize, Oxfordshire, England, OX13 5AX
Nature of business: Event consultancy
%
Class of shares: holding
Ordinary shares 100.00
30.6.24 31.12.22
£    £   
Aggregate capital and reserves 8,274 21,631
Profit for the period/year 14,643 20,222

THE PURPLE GROUP LIMITED (REGISTERED NUMBER: 03382117)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 109,148 156,709
Other debtors 103,138 50,054
212,286 206,763

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 10,276 10,021
Trade creditors 73,873 143,854
Taxation and social security 41,916 50,752
Other creditors 12,530 87,358
138,595 291,985

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 9,608 19,884

Bank loans above represents a Bounce Back loan.

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.6.24 30.6.23
£    £   
Within one year 17,589 -
Between one and five years 34,503 -
52,092 -

10. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax 4,642 10,141

Deferred
tax
£   
Balance at 1 July 2023 10,141
Utilised during year (5,499 )
Balance at 30 June 2024 4,642

THE PURPLE GROUP LIMITED (REGISTERED NUMBER: 03382117)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
Mr N D Latter
Balance outstanding at start of year - 66,500
Amounts advanced - 79,472
Amounts repaid - (145,972 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

12. RELATED PARTY DISCLOSURES

The aggregate amount the company was owed by the directors at the balance sheet date is £Nil (30.6.23: £66,500).

13. ULTIMATE CONTROLLING PARTY

The company is under control of Purple Transform Limited.