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Company Registration No. 06000996 (England and Wales)
Purple Sea Limited Unaudited accounts for the year ended 31 December 2024
Purple Sea Limited Unaudited accounts Contents
Page
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Purple Sea Limited Company Information for the year ended 31 December 2024
Director
E.Ostfeld
Company Number
06000996 (England and Wales)
Registered Office
103 High Street Waltham Cross Hertfordshire EN8 7AN
Accountants
Brindley Goldstein Ltd 103 High Street Waltham Cross EN8 7AN
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Purple Sea Limited for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Purple Sea Limited for the year ended 31 December 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Purple Sea Limited, as a body, in accordance with the terms of our engagement letter dated 3 August 2016. Our work has been undertaken solely to prepare for your approval the accounts of Purple Sea Limited and state those matters that we have agreed to state to the Board of Directors of Purple Sea Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Purple Sea Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Purple Sea Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Purple Sea Limited. You consider that Purple Sea Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Purple Sea Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Brindley Goldstein Ltd Chartered Accountants 103 High Street Waltham Cross EN8 7AN 3 March 2025
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Purple Sea Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
36,147 
46,727 
Current assets
Debtors
1,991,052 
2,487,277 
Cash at bank and in hand
974,175 
103,907 
2,965,227 
2,591,184 
Creditors: amounts falling due within one year
(138,695)
(110,448)
Net current assets
2,826,532 
2,480,736 
Net assets
2,862,679 
2,527,463 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
2,862,579 
2,527,363 
Shareholders' funds
2,862,679 
2,527,463 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 3 March 2025 and were signed on its behalf by
E.Ostfeld Director Company Registration No. 06000996
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Purple Sea Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Purple Sea Limited is a private company, limited by shares, registered in England and Wales, registration number 06000996. The registered office is 103 High Street, Waltham Cross, Hertfordshire, EN8 7AN.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
20% Straight Line
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 January 2024
52,898 
At 31 December 2024
52,898 
Depreciation
At 1 January 2024
6,171 
Charge for the year
10,580 
At 31 December 2024
16,751 
Net book value
At 31 December 2024
36,147 
At 31 December 2023
46,727 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
180,000 
Other debtors
1,991,052 
2,307,277 
1,991,052 
2,487,277 
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Purple Sea Limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
12,014 
12,579 
Taxes and social security
123,616 
96,002 
Accruals
3,065 
1,867 
138,695 
110,448 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Transactions with related parties
The company was under the control of Mr E.Ostfeld throughout the current year. Mr E.Ostfeld is personaly interested in 100% of the company's share capital. Mr E.Ostfeld received a dividend from the company during the year of £25,000 ( 2023 £27,000 ).
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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