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
TRUE PURPOSE LTD
Company Information
for the year ended 28 February 2025
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
TRUE PURPOSE LTD
Statement of financial position
as at 28 February 2025
Cash at bank and in hand
44,673
35,916
Creditors: amounts falling due within one year
(9,690)
(17,859)
Net current assets
30,937
37,682
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
TRUE PURPOSE LTD
Notes to the Accounts
for the year ended 28 February 2025
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 28 February 2025
765
7,189
7,954
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
At 28 February 2025
302
(1)
301
At 29 February 2024
270
1,547
1,817
Amounts falling due within one year
Other debtors
(4,046)
7,025
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
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).