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| Statement of Financial Position | 1 |
| Notes to the Financial Statements | 2—6 |
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Intangible Assets | 4 |
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| Tangible Assets | 5 |
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| Investments | 6 |
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| CURRENT ASSETS | |||||
| Stocks | 7 |
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| Debtors | 8 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 9 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 10 |
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| Income Statement |
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| SHAREHOLDERS' FUNDS | 1,002,252 | 1,095,479 | |||
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| Leasehold |
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| Plant & Machinery |
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| Motor Vehicles |
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| Fixtures & Fittings |
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| Computer Equipment |
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| Development Costs | |||
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| Cost | |||
| As at 1 September 2023 |
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| Additions |
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| As at 31 August 2024 |
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| Amortisation | |||
| As at 1 September 2023 |
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| Provided during the period |
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| As at 31 August 2024 |
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| Net Book Value | |||
| As at 31 August 2024 |
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| As at 1 September 2023 |
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| Land & Property | |||||
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| Leasehold | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total | |
| £ | £ | £ | £ | £ | |
| Cost | |||||
| As at 1 September 2023 |
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| Disposals |
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| As at 31 August 2024 |
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| Depreciation | |||||
| As at 1 September 2023 |
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| Provided during the period |
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| Disposals |
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| As at 31 August 2024 |
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| Net Book Value | |||||
| As at 31 August 2024 |
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| As at 1 September 2023 |
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| Listed | |
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| £ | |
| Cost | |
| As at 1 September 2023 |
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| Revaluations |
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| As at 31 August 2024 |
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| Provision | |
| As at 1 September 2023 |
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| As at 31 August 2024 |
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| Net Book Value | |
| As at 31 August 2024 |
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| As at 1 September 2023 |
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| 2024 | 2023 | ||
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| £ | £ | ||
| Finished goods |
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| 2024 | 2023 | ||
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| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| Prepayments and accrued income |
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| Other debtors |
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| Amounts owed by associates |
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| 2024 | 2023 | ||
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| £ | £ | ||
| Trade creditors |
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| Corporation tax |
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| Other taxes and social security |
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| VAT |
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| Other creditors |
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| Accruals and deferred income |
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| 2024 | 2023 | ||
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| £ | £ | ||
| Not later than one year |
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| Later than one year and not later than five years |
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| Later than five years |
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Other information
The Purchase Direct Limited bank overdraft facility is personally guaranteed by R Ashley, the director of the company.
Financial Performance Solutions Ltd
A company in which R Ashley is a shareholder
Included in associated companies is an amount of £71,683 (2023 £15,787) due from Financial Performance Solutions Ltd.
Outsourced Waste Limited
A company in which R Ashley is a shareholder and director
Included in associated companies is an amount of £197,369 (2023-£154,466) due from Outsourced Waste Limited. Purchase Direct Limited charged sales of £2,234,090 (2023 £1,561,040 Outsourced Waste Limited during the year.
Outsourced Telecom Limited
A company in which F Ashley (wife of R Ashley) is a shareholder and director.
Included in associated companies is a balance of £136,498 due from (2023 - £118,156) Outsourced Telecom Limited. Outsourced Telecom Limited charged telephone costs of £28,782 (2023- £33,738) to Purchase Direct Limited during the year. Sales of £554,920 ( 2023- £454,264) were charged from Purchase Direct Limited to Outsourced Telecom Limited. Commision of £nil (2023 £128,604)and manageemnt fees of £41,300 (2023 £nil) was paid by Purchase Direct Ltd to Outsourced Telecom Ltd.
YF& I Ltd
A company in which R Ashley is a shareholder and director
Included in associated companies is an amount of £196,653 (2023 - £238,527) due from YF& I Ltd.