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REGISTERED NUMBER: 05629834 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Pure Plastics Limited

Pure Plastics Limited (Registered number: 05629834)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Pure Plastics Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: B Akroyd
J Akroyd





SECRETARY: Mrs A F Akroyd





REGISTERED OFFICE: Rings End, The Batch
Lower Bristol Road
Clutton
Bristol
BS39 5PA





REGISTERED NUMBER: 05629834 (England and Wales)





ACCOUNTANTS: King Watkins Ltd
The Island House
Midsomer Norton
Radstock
Somerset
BA3 2DZ

Pure Plastics Limited (Registered number: 05629834)

Abridged Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 36,766 64,092

CURRENT ASSETS
Stocks 15,588 15,153
Debtors 54,319 48,601
Investments 279,495 262,368
Cash at bank 380,041 368,189
729,443 694,311
CREDITORS
Amounts falling due within one year 163,647 153,515
NET CURRENT ASSETS 565,796 540,796
TOTAL ASSETS LESS CURRENT LIABILITIES 602,562 604,888

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 602,462 604,788
SHAREHOLDERS' FUNDS 602,562 604,888

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 March 2025 and were signed on its behalf by:





B Akroyd - Director


Pure Plastics Limited (Registered number: 05629834)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Pure Plastics Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

Pure Plastics Limited (Registered number: 05629834)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 137,846
Additions 1,782
Disposals (32,824 )
At 31 December 2024 106,804
DEPRECIATION
At 1 January 2024 73,754
Charge for year 4,490
Eliminated on disposal (8,206 )
At 31 December 2024 70,038
NET BOOK VALUE
At 31 December 2024 36,766
At 31 December 2023 64,092

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the 31 December 2024 the company owed the directors £69,590 (2023: £49,382).

6. ULTIMATE CONTROLLING PARTY

The controlling party is B Akroyd.