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REGISTERED NUMBER: 10655573 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

PURPLE COIN LIMITED

PURPLE COIN LIMITED (REGISTERED NUMBER: 10655573)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

PURPLE COIN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: J Jenkins
M D Hemme





REGISTERED OFFICE: 21 Stafford Road
Croydon
Surrey
CR0 4NG





REGISTERED NUMBER: 10655573 (England and Wales)





ACCOUNTANTS: MDH
Chartered Certified Accountants
21 Stafford Road
Croydon
Surrey
CR0 4NG

PURPLE COIN LIMITED (REGISTERED NUMBER: 10655573)

BALANCE SHEET
31 MARCH 2025

31/3/25 31/3/24
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 999,000 874,500

CURRENT ASSETS
Debtors 5 75 -
Cash at bank 4,340 3,694
4,415 3,694
CREDITORS
Amounts falling due within one year 6 9,566 6,185
NET CURRENT LIABILITIES (5,151 ) (2,491 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

993,849

872,009

CREDITORS
Amounts falling due after more than one
year

7

(734,278

)

(638,346

)

PROVISIONS FOR LIABILITIES 8 (49,955 ) (43,590 )
NET ASSETS 209,616 190,073

CAPITAL AND RESERVES
Called up share capital 9 4 4
Retained earnings 209,612 190,069
SHAREHOLDERS' FUNDS 209,616 190,073

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

PURPLE COIN LIMITED (REGISTERED NUMBER: 10655573)

BALANCE SHEET - continued
31 MARCH 2025


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 12 June 2025 and were signed on its behalf by:





J Jenkins - Director


PURPLE COIN LIMITED (REGISTERED NUMBER: 10655573)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Purple Coin 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
For the directors to carry out an annual review of market values. The values adopted will be the average Zoopla price guide unless we have a recent RICS accredited surveyor's valuation undertaken.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

PURPLE COIN LIMITED (REGISTERED NUMBER: 10655573)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 874,500
Additions 92,940
Revaluations 31,560
At 31 March 2025 999,000
NET BOOK VALUE
At 31 March 2025 999,000
At 31 March 2024 874,500

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2019 12,227
Valuation in 2021 8,035
Valuation in 2023 169,015
Valuation in 2024 40,146
Valuation in 2025 31,560
Cost 738,017
999,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Trade debtors 75 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Bank loans and overdrafts 1,495 -
Trade creditors - 15
Other creditors 8,071 6,170
9,566 6,185

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/25 31/3/24
£    £   
Bank loans 586,358 474,713
Other creditors 147,920 163,633
734,278 638,346

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 586,358 474,713

PURPLE COIN LIMITED (REGISTERED NUMBER: 10655573)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

8. PROVISIONS FOR LIABILITIES
31/3/25 31/3/24
£    £   
Deferred tax 49,955 43,590

Deferred
tax
£   
Balance at 1 April 2024 43,590
Provided during year 6,365
Balance at 31 March 2025 49,955

9. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31/3/25 31/3/24
value: £    £   
4 Share capital 1 1 4 4

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31/3/25 31/3/24
£    £   
J Jenkins
Balance outstanding at start of year (4,768 ) (3,011 )
Amounts repaid (1,323 ) (1,757 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (6,091 ) (4,768 )

11. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party. Control is jointly held by the directors.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
PURPLE COIN 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 Purple Coin Limited for the year ended 31 March 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Purple Coin 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 Purple Coin Limited and state those matters that we have agreed to state to the Board of Directors of Purple Coin Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Purple Coin 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 Purple Coin Limited. You consider that Purple Coin 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 Purple Coin 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.






MDH
Chartered Certified Accountants
21 Stafford Road
Croydon
Surrey
CR0 4NG


12 June 2025