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Company Registration No. 12447948 (England and Wales)
TRUE PURPOSE LTD Unaudited accounts for the year ended 28 February 2025
TRUE PURPOSE LTD Unaudited accounts Contents
Page
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TRUE PURPOSE LTD Company Information for the year ended 28 February 2025
Director
NIVEN, Louise
Company Number
12447948 (England and Wales)
Registered Office
Old Engine House Cooks Pond Road Liphook GU30 7JY ENGLAND
Accountants
Lateral Accounting Ltd 2 Chestnut Road Kingston Upon Thames KT2 5AP
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TRUE PURPOSE LTD Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
301 
1,817 
Current assets
Debtors
(4,046)
19,625 
Cash at bank and in hand
44,673 
35,916 
40,627 
55,541 
Creditors: amounts falling due within one year
(9,690)
(17,859)
Net current assets
30,937 
37,682 
Net assets
31,238 
39,499 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
31,237 
39,498 
Shareholders' funds
31,238 
39,499 
For the year ending 28 February 2025 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 her 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 31 March 2025 and were signed on its behalf by
NIVEN, Louise Director Company Registration No. 12447948
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TRUE PURPOSE LTD Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
TRUE PURPOSE LTD is a private company, limited by shares, registered in England and Wales, registration number 12447948. The registered office is Old Engine House, Cooks Pond Road, Liphook, GU30 7JY, ENGLAND.
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:
Computer equipment
335 straight line method
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2024
542 
7,189 
7,731 
Additions
223 
- 
223 
At 28 February 2025
765 
7,189 
7,954 
Depreciation
At 1 March 2024
272 
5,642 
5,914 
Charge for the year
191 
1,548 
1,739 
At 28 February 2025
463 
7,190 
7,653 
Net book value
At 28 February 2025
302 
(1)
301 
At 29 February 2024
270 
1,547 
1,817 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
12,600 
Other debtors
(4,046)
7,025 
(4,046)
19,625 
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TRUE PURPOSE LTD Notes to the Accounts for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
6,911 
15,374 
Other creditors
2,151 
1,873 
Accruals
628 
612 
9,690 
17,859 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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