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REGISTERED NUMBER: 05485704 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

PURECHANNELS LIMITED

PURECHANNELS LIMITED (REGISTERED NUMBER: 05485704)






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

Chartered Accountants' Report 7

PURECHANNELS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: G Robertson
D J Bach





REGISTERED OFFICE: 20 Havelock Road
Hastings
East Sussex
TN34 1BP





REGISTERED NUMBER: 05485704 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP

PURECHANNELS LIMITED (REGISTERED NUMBER: 05485704)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
as restated
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 14,984 13,214

CURRENT ASSETS
Debtors 5 489,310 339,781
Cash at bank 78,932 272,679
568,242 612,460
CREDITORS
Amounts falling due within one year 6 199,371 328,892
NET CURRENT ASSETS 368,871 283,568
TOTAL ASSETS LESS CURRENT LIABILITIES 383,855 296,782

CREDITORS
Amounts falling due after more than one year 7 (23,932 ) (25,491 )

PROVISIONS FOR LIABILITIES (3,746 ) (3,304 )
NET ASSETS 356,177 267,987

CAPITAL AND RESERVES
Called up share capital 25 25
Capital redemption reserve 75 75
Retained earnings 356,077 267,887
356,177 267,987

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.

PURECHANNELS LIMITED (REGISTERED NUMBER: 05485704)

BALANCE SHEET - continued
31 DECEMBER 2024


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 11 July 2025 and were signed on its behalf by:




G Robertson - Director



D J Bach - Director


PURECHANNELS LIMITED (REGISTERED NUMBER: 05485704)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Purechannels 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.

The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting.

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.
Fixtures and fittings - 15% on reducing balance

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.

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 12 (2023 - 12 ) .

PURECHANNELS LIMITED (REGISTERED NUMBER: 05485704)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2024 18,685
Additions 4,415
At 31 December 2024 23,100
DEPRECIATION
At 1 January 2024 5,471
Charge for year 2,645
At 31 December 2024 8,116
NET BOOK VALUE
At 31 December 2024 14,984
At 31 December 2023 13,214

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
as restated
£    £   
Trade debtors 192,154 107,252
Other debtors 76,720 12,300
Directors' loan accounts 78,900 79,400
Tax 21,938 21,938
VAT - 920
Prepayments and accrued income 2,798 1,171
Deferred expenditure 116,800 116,800
489,310 339,781

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
as restated
£    £   
Bank loans and overdrafts 5,921 9,877
Trade creditors 55,025 164,223
Tax 12,133 64,350
Social security and other taxes 34,166 28,898
VAT 19,681 -
Other creditors 964 961
Deferred income 63,658 37,306
Accrued expenses 7,823 23,277
199,371 328,892

PURECHANNELS LIMITED (REGISTERED NUMBER: 05485704)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
as restated
£    £   
Bank loans - 1-2 years 6,071 10,127
Bank loans - 2-5 years 17,861 15,364
23,932 25,491

8. 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:

31.12.24 31.12.23
as restated
£    £   
G Robertson
Balance outstanding at start of year 79,400 -
Amounts advanced - 79,400
Amounts repaid (500 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 78,900 79,400

There are no terms attached to this loan. £20,000 was repaid on 17 March 2025.

9. RELATED PARTY DISCLOSURES

At the year end TOBO Limited, a company in which G Robertson is also a director, owed the company £300 in relation to an expense paid on the company's behalf. There are no terms attached to this loan.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
PURECHANNELS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Purechannels Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Purechannels Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Purechannels Limited and state those matters that we have agreed to state to the Board of Directors of Purechannels Limited, as a body, in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Purechannels Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Purechannels Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Purechannels Limited. You consider that Purechannels Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Purechannels Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP


11 July 2025