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REGISTERED NUMBER: 03237337 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

PURPLE MONSTER TRAINING LIMITED

PURPLE MONSTER TRAINING LIMITED (REGISTERED NUMBER: 03237337)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PURPLE MONSTER TRAINING LIMITED

COMPANY INFORMATION
for the year ended 31 December 2024







DIRECTORS: Mr R Fritz
Mr A M Heap
Mrs A A Patchett





REGISTERED OFFICE: 3 Pegasus House
Pegasus Court
Olympus Avenue
Warwick
CV34 6LW





REGISTERED NUMBER: 03237337 (England and Wales)





ACCOUNTANTS: Pentlands Accountants and advisors Ltd
Chartered Certified Accountants
and Registered Auditors
3 & 4 Pegasus House
Pegasus Court
Olympus Avenue
Warwick
Warwickshire
CV34 6LW

PURPLE MONSTER TRAINING LIMITED (REGISTERED NUMBER: 03237337)

BALANCE SHEET
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 602 891
Tangible assets 5 107,663 118,771
Investments 6 5,000 5,000
113,265 124,662

CURRENT ASSETS
Debtors 7 182,838 497,228
Cash at bank 415,911 330,837
598,749 828,065
CREDITORS
Amounts falling due within one year 8 96,342 415,431
NET CURRENT ASSETS 502,407 412,634
TOTAL ASSETS LESS CURRENT
LIABILITIES

615,672

537,296

CREDITORS
Amounts falling due after more than one
year

9

(30,449

)

-

PROVISIONS FOR LIABILITIES (24,612 ) (25,169 )
NET ASSETS 560,611 512,127

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 559,611 511,127
SHAREHOLDERS' FUNDS 560,611 512,127

PURPLE MONSTER TRAINING LIMITED (REGISTERED NUMBER: 03237337)

BALANCE SHEET - continued
31 December 2024


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.

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 19 June 2025 and were signed on its behalf by:




Mr A M Heap - Director



Mr R Fritz - Director


PURPLE MONSTER TRAINING LIMITED (REGISTERED NUMBER: 03237337)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2024


1. STATUTORY INFORMATION

Purple Monster Training 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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Studio Leasehold Improvements - Over the term of the lease
Website - 20% on cost
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 25% on cost

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.

PURPLE MONSTER TRAINING LIMITED (REGISTERED NUMBER: 03237337)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 11 (2023 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 January 2024
and 31 December 2024 2,890
AMORTISATION
At 1 January 2024 1,999
Amortisation for year 289
At 31 December 2024 2,288
NET BOOK VALUE
At 31 December 2024 602
At 31 December 2023 891

PURPLE MONSTER TRAINING LIMITED (REGISTERED NUMBER: 03237337)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2024


5. TANGIBLE FIXED ASSETS
Studio
Leasehold Plant and
Improvements Website machinery
£    £    £   
COST
At 1 January 2024 61,004 20,524 1,585
Additions - - -
Disposals - - (1,585 )
At 31 December 2024 61,004 20,524 -
DEPRECIATION
At 1 January 2024 34,165 19,924 1,265
Charge for year 12,867 300 64
Eliminated on disposal - - (1,329 )
At 31 December 2024 47,032 20,224 -
NET BOOK VALUE
At 31 December 2024 13,972 300 -
At 31 December 2023 26,839 600 320

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024 23,070 37,006 110,195 253,384
Additions 875 39,000 12,243 52,118
Disposals - (37,006 ) - (38,591 )
At 31 December 2024 23,945 39,000 122,438 266,911
DEPRECIATION
At 1 January 2024 10,389 18,059 50,811 134,613
Charge for year 2,711 3,808 27,431 47,181
Eliminated on disposal - (21,217 ) - (22,546 )
At 31 December 2024 13,100 650 78,242 159,248
NET BOOK VALUE
At 31 December 2024 10,845 38,350 44,196 107,663
At 31 December 2023 12,681 18,947 59,384 118,771

PURPLE MONSTER TRAINING LIMITED (REGISTERED NUMBER: 03237337)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2024


5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 39,000
At 31 December 2024 39,000
DEPRECIATION
Charge for year 650
At 31 December 2024 650
NET BOOK VALUE
At 31 December 2024 38,350

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2024
and 31 December 2024 5,000
NET BOOK VALUE
At 31 December 2024 5,000
At 31 December 2023 5,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 92,843 426,749
Other debtors 89,995 70,479
182,838 497,228

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 10) 5,597 19,150
Trade creditors 3,617 2,408
Taxation and social security 31,186 16,970
Other creditors 55,942 376,903
96,342 415,431

PURPLE MONSTER TRAINING LIMITED (REGISTERED NUMBER: 03237337)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2024


9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts (see note 10) 30,449 -

10. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 5,597 19,150
Between one and five years 30,449 -
36,046 19,150

Non-cancellable operating leases
2024 2023
£    £   
Within one year 21,420 21,420
Between one and five years - 21,420
21,420 42,840

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
Mr A M Heap
Balance outstanding at start of year 5,281 2,320
Amounts advanced 4,500 8,243
Amounts repaid (6,229 ) (5,282 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,552 5,281

12. ULTIMATE CONTROLLING PARTY

The Company is controlled by the Directors.