REGISTERED NUMBER: 07801142 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 August 2024

for

Ancient Purity Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

T Stavely

REGISTERED OFFICE:

The Dovecote Witham Road

Little Braxted

Witham

CM8 3EU

REGISTERED NUMBER:

07801142 (England and Wales)

ACCOUNTANTS:

Sygma Chartered Accountants

1 Sopwith Crescent

Wickford

Essex

SS11 8YU

FIXED ASSETS

Intangible assets

4

27,534

-

Tangible assets

5

62,609

58,811

90,143

58,811

CURRENT ASSETS

Stocks

184,023

195,803

Debtors

6

21,024

44,534

Cash at bank and in hand

16,367

105,592

221,414

345,929

CREDITORS

Amounts falling due within one year

7

72,679

179,269

NET CURRENT ASSETS

148,735

166,660

TOTAL ASSETS LESS CURRENT LIABILITIES

238,878

225,471

CREDITORS

Amounts falling due after more than one year

8

(26,897

)

(16,758

)

PROVISIONS FOR LIABILITIES

(14,327

)

(11,174

)

NET ASSETS

197,654

197,539

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

197,652

197,537

SHAREHOLDERS' FUNDS

197,654

197,539

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 23 May 2025 and were signed by:

T Stavely - Director

1.	STATUTORY INFORMATION

Ancient Purity 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance, 20% on reducing balance and 10% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

34,417

At 28 August 2024

34,417

AMORTISATION

Charge for year

6,883

At 28 August 2024

6,883

NET BOOK VALUE

At 28 August 2024

27,534

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 29 August 2023

94,390

Additions

29,147

At 28 August 2024

123,537

DEPRECIATION

At 29 August 2023

35,579

Charge for year

25,349

At 28 August 2024

60,928

NET BOOK VALUE

At 28 August 2024

62,609

At 28 August 2023

58,811

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.8.24

28.8.23

£

£

Trade debtors

8,139

11,790

Other debtors

12,885

32,744

21,024

44,534

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.8.24

28.8.23

£

£

Bank loans and overdrafts

5,675

-

Hire purchase contracts

10,764

9,376

Trade creditors

25,365

134,418

Taxation and social security

27,292

26,962

Other creditors

3,583

8,513

72,679

179,269

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.8.24

28.8.23

£

£

Hire purchase contracts

26,897

16,758