THE PURPLE PANTRY LTD

Company Registration Number:
14067238 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

THE PURPLE PANTRY LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

THE PURPLE PANTRY LTD

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 3,333 6,667
Tangible assets: 4 9,356 11,907
Total fixed assets: 12,689 18,574
Current assets
Stocks: 9,792 8,000
Debtors:   5,391 3,369
Cash at bank and in hand: 929 302
Total current assets: 16,112 11,671
Creditors: amounts falling due within one year:   (150,790) (90,356)
Net current assets (liabilities): (134,678) (78,685)
Total assets less current liabilities: (121,989) (60,111)
Total net assets (liabilities): (121,989) (60,111)
Capital and reserves
Called up share capital: 10 10
Profit and loss account: (121,999) (60,121)
Shareholders funds: (121,989) (60,111)

The notes form part of these financial statements

THE PURPLE PANTRY LTD

Balance sheet statements

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 February 2025
and signed on behalf of the board by:

Name: Dr C E Dunnett
Status: Director

The notes form part of these financial statements

THE PURPLE PANTRY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

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

Turnover policy

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 and depreciation policy

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

Intangible fixed assets and amortisation policy

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of three years.

Other accounting policies

Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. 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.

THE PURPLE PANTRY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 7 7

THE PURPLE PANTRY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Intangible Assets

Total
Cost £
At 01 May 2023 10,000
At 30 April 2024 10,000
Amortisation
At 01 May 2023 3,333
Charge for year 3,334
At 30 April 2024 6,667
Net book value
At 30 April 2024 3,333
At 30 April 2023 6,667

THE PURPLE PANTRY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible Assets

Total
Cost £
At 01 May 2023 16,815
Additions 3,609
At 30 April 2024 20,424
Depreciation
At 01 May 2023 4,908
Charge for year 6,160
At 30 April 2024 11,068
Net book value
At 30 April 2024 9,356
At 30 April 2023 11,907

THE PURPLE PANTRY LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Related party transactions

During the year the company was controlled by the director.