Registered number
10428395
PURE ACCOUNTING LIMITED
Filleted Accounts
30 November 2024
PURE ACCOUNTING LIMITED
Registered number: 10428395
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 32,511 40,638
32,511 40,638
Current assets
Work in progress 3,450 10,250
Cash at bank and in hand 20,471 27,291
23,921 37,541
Creditors: amounts falling due within one year 4 (41,776) (53,652)
Net current liabilities (17,855) (16,111)
Total assets less current liabilities 14,656 24,527
Creditors: amounts falling due after more than one year 5 (14,247) (23,249)
Net assets 409 1,278
Capital and reserves
Called up share capital 100 100
Share premium - -
Revaluation reserve - -
Profit and loss account 309 1,178
Shareholder's funds 409 1,278
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Sinan Yilmaz
Director
Approved by the board on 27 August 2025
PURE ACCOUNTING LIMITED
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Work in progress
Work in progress are the amount of unfinished services which are deferred until the work completion. The recognition of costs and revenue is oten based on the percentage of completion method whre progress is measured to allocate costs and profits to the period.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 5 5
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 December 2023 - 25,815 35,990 61,805
Additions - - - -
Surplus on revaluation - - - -
Disposals - - - -
At 30 November 2024 - 25,815 35,990 61,805
Depreciation
At 1 December 2023 - 11,414 9,753 21,167
Charge for the year - 2,880 5,247 8,127
Surplus on revaluation - - - -
On disposals - - - -
At 30 November 2024 - 14,294 15,000 29,294
Net book value
At 30 November 2024 - 11,521 20,990 32,511
At 30 November 2023 - 14,401 26,237 40,638
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 7,719 6,809
Trade creditors - 1,000
Taxation and social security costs 15,307 16,095
Director's accounts 18,750 29,748
41,776 53,652
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 14,247 23,249
14,247 23,249
6 Controlling party
Sinan Yilmaz
7 Other information
PURE ACCOUNTING LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
355 High Road
Wood Green
London
United Kingdom
PURE ACCOUNTING LIMITED 10428395 false 2023-12-01 2024-11-30 2024-11-30 VT Final Accounts July 2024 Sinan Yilmaz No description of principal activity 10428395 2022-12-01 2023-11-30 10428395 core:WithinOneYear 2023-11-30 10428395 core:AfterOneYear 2023-11-30 10428395 core:ShareCapital 2023-11-30 10428395 core:SharePremium 2023-11-30 10428395 core:OtherReservesSubtotal 2023-11-30 10428395 core:RetainedEarningsAccumulatedLosses 2023-11-30 10428395 2023-12-01 2024-11-30 10428395 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 10428395 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 10428395 bus:Director40 2023-12-01 2024-11-30 10428395 2 2023-12-01 2024-11-30 10428395 core:LandBuildings 2023-12-01 2024-11-30 10428395 core:PlantMachinery 2023-12-01 2024-11-30 10428395 core:Vehicles 2023-12-01 2024-11-30 10428395 countries:England 2023-12-01 2024-11-30 10428395 bus:FRS102 2023-12-01 2024-11-30 10428395 bus:FilletedAccounts 2023-12-01 2024-11-30 10428395 2024-11-30 10428395 core:WithinOneYear 2024-11-30 10428395 core:AfterOneYear 2024-11-30 10428395 core:ShareCapital 2024-11-30 10428395 core:SharePremium 2024-11-30 10428395 core:OtherReservesSubtotal 2024-11-30 10428395 core:RetainedEarningsAccumulatedLosses 2024-11-30 10428395 core:LandBuildings 2024-11-30 10428395 core:PlantMachinery 2024-11-30 10428395 core:Vehicles 2024-11-30 10428395 2023-11-30 10428395 core:LandBuildings 2023-11-30 10428395 core:PlantMachinery 2023-11-30 10428395 core:Vehicles 2023-11-30 iso4217:GBP xbrli:pure