REGISTERED NUMBER: 08956327 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Purple Patch Broking Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr N J Frazer

Mr N J Green

Mr C Bunting

REGISTERED OFFICE:

Penrho Hall Hafod Y Ddoll

Mostyn, Holywell,

Flintshire

Wales

CH8 9EJ

REGISTERED NUMBER:

08956327 (England and Wales)

ACCOUNTANTS:

TAG Accountants Group Limited

Unit 8, Pendeford Place

Pendeford Business Park

Wobaston Road

Wolverhampton

WV9 5HD

FIXED ASSETS

Tangible assets

4

2,330

3,106

Investments

5

16,534

40

18,864

3,146

CURRENT ASSETS

Debtors

6

64,368

132,927

Cash at bank

1,311,119

1,001,610

1,375,487

1,134,537

CREDITORS

Amounts falling due within one year

7

157,889

166,799

NET CURRENT ASSETS

1,217,598

967,738

TOTAL ASSETS LESS CURRENT LIABILITIES

1,236,462

970,884

CAPITAL AND RESERVES

Called up share capital

8

300

300

Retained earnings

1,236,162

970,584

SHAREHOLDERS' FUNDS

1,236,462

970,884

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 September 2025 and were signed on its behalf by:

Mr N J Frazer - Director

1.	STATUTORY INFORMATION

Purple Patch Broking Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

All monetary amounts are rounded to the nearest pound.

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.

Going concern

The financial statements have been prepared on a going concern basis.

Judgements and estimates

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

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.

Plant and machinery

-

25% on reducing balance

Office equipment

-

25% 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.

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.

Investments

Unlisted investments in UK private companies are measured at cost less impairment. Other unlisted investments are measured at fair value through profit and loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Office

machinery

equipment

Totals

£

£

£

COST

At 1 July 2024

and 30 June 2025

1,166

6,662

7,828

DEPRECIATION

At 1 July 2024

323

4,399

4,722

Charge for year

210

566

776

At 30 June 2025

533

4,965

5,498

NET BOOK VALUE

At 30 June 2025

633

1,697

2,330

At 30 June 2024

843

2,263

3,106

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 July 2024

40

Additions

20,000

Revaluations

(3,506

)

At 30 June 2025

16,534

NET BOOK VALUE

At 30 June 2025

16,534

At 30 June 2024

40

Cost or valuation at 30 June 2025 is represented by:

Other

investments

£

Valuation in 2025

(3,506

)

Cost

20,040

16,534

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

64,368

132,927

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

56

1,127

Tax

114,324

103,187

Social security and other taxes

(10

)

(10

)

VAT

42,147

61,186

Directors' current accounts

58

58

Directors' loan accounts

1

1

Accruals and deferred income

1,313

1,250

157,889

166,799

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary A

1.00

100

100

100

Ordinary B

1.00

100

100

100

Ordinary C

1.00

100

100

300

300

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr N J Frazer.

The ultimate controlling party is Purple Patch Performance Limited, its parent company, who owns 51% of the voting share capital.