PURPLE OAK LIMITED

Company Registration Number:
03562421 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

PURPLE OAK LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

PURPLE OAK LIMITED

Company Information

for the Period Ended 30 April 2024




Director: A. Joe
Secretary: S. White
Registered office: 14
Stewart Road
Harpenden
Hertfordshire
AL5 4QB
Company Registration Number: 03562421 (England and Wales)

PURPLE OAK LIMITED

Directors' Report Period Ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal Activities

The company’s principal activity during the period was consulting services.

Company policy on the employment of disabled persons

The company policy is to employ disabled people wherever practical.

Directors

The directors shown below have held office during the whole of the period from 01 May 2023 to 30 April 2024
A. Joe

Secretary
S. White

This report was approved by the board of directors on 26 January 2025
And Signed On Behalf Of The Board By:

Name: A. Joe
Status: Director

PURPLE OAK LIMITED

Profit and Loss Account

for the Period Ended 30 April 2024


Notes

2024
£

2023
£
Turnover 0 0
Cost of sales ( 0 ) ( 0 )
Gross Profit or (Loss) 0 0
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 9,000 ) ( 9,000 )
Other operating income 0 0
Operating Profit or (Loss) ( 9,000 ) ( 9,000 )
Interest Receivable and Similar Income 16,701 7,939
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 7,701 ( 1,061 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period 7,701 ( 1,061 )

The notes form part of these financial statements

PURPLE OAK LIMITED

Balance sheet

As at 30 April 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Cash at bank and in hand: 584,737 572,536
Total current assets: 584,737 572,536
Creditors: amounts falling due within one year: 4 ( 10,250 ) ( 4,750 )
Net current assets (liabilities): 574,487 567,786
Total assets less current liabilities: 574,487 567,786
Total net assets (liabilities): 574,487 567,786

The notes form part of these financial statements

PURPLE OAK LIMITED

Balance sheet continued

As at 30 April 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 574,486 567,785
Shareholders funds: 574,487 567,786

For the year ending 30 April 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 26 January 2025
And Signed On Behalf Of The Board By:

Name: A. Joe
Status: Director

The notes form part of these financial statements

PURPLE OAK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Freehold buildings - 2% on cost or revalued amounts, Plant and Machinery - 15% on cost, Fixtures and fittings - 10% on cost, Motor vehicles - 25% on cost.

    Intangible fixed assets amortisation policy

    Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

    Valuation information and policy

    Stocks and work -in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

    Other accounting policies

    Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability. Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease. Research and Development Expenditure on research and development is written off in the year in which it is incurred. Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. Deferred taxation is calculated at the rates of tax that are expected to apply in the periods when the timing differences will reverse and has not been discounted.

PURPLE OAK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

PURPLE OAK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 3. Off balance sheet disclosure

    No

PURPLE OAK LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4.Creditors: amounts falling due within one year note


2024
£

2023
£
Other creditors 10,250 4,750
Total 10,250 4,750

Creditors include £10,250 (2023: £4,750) falling due within one year.