REGISTERED NUMBER: 06352067 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

PURE OFFICES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

N J Turner

K Whell

R A Pellatt

A Bishop

REGISTERED OFFICE:

The Blade

Abbey Square

Reading

RG1 3BE

REGISTERED NUMBER:

06352067 (England and Wales)

INDEPENDENT AUDITORS:

Cooper Parry Group Limited

Statutory Auditor

First Floor, Davidson House

Forbury Square

Reading

Berkshire

RG1 3EU

CURRENT ASSETS

Debtors

4

3,851,682

2,703,809

Cash in hand

501,008

245,494

4,352,690

2,949,303

CREDITORS

Amounts falling due within one year

5

576,917

379,495

NET CURRENT ASSETS

3,775,773

2,569,808

TOTAL ASSETS LESS CURRENT LIABILITIES

3,775,773

2,569,808

CAPITAL AND RESERVES

Called up share capital

6

2

2

Retained earnings

3,775,771

2,569,806

SHAREHOLDERS' FUNDS

3,775,773

2,569,808

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 and authorised for issue by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

A Bishop - Director

1.	GENERAL INFORMATION

Pure Offices 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.

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

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.

Going Concern

The going concern basis of accounting has been applied. This is considered appropriate by the directors following an assessment of the Company's ability to continue as a going concern.

The directors have reviewed the short and long term expected cash requirements for the business, cash resources, secure income streams and the costs of ongoing operation and committed expenditure.

The directors are satisfied that the company has adequate resources to continue in operation existence, for the period of at least 12 months from the date that these Financial Statements were approved. Furthermore, the directors are not aware of any material uncertainties that may cast significant doubt upon the Company's ability to continue as a going concern.

Turnover

Turnover derives from the provision of managed offices wholly undertaken in the UK. Turnover represents the total invoice value, exclusive of Value Added Tax.Turnover is recognised as services are provided.

Financial instruments

The Company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include other debtors, cash and bank balances and amounts owed by group undertakings are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the financial asset is measured at the present value of the future receipts discounted at a market rate of interest.

Basic financial liabilities

Basic financial liabilities, including other creditors and amounts owed to group undertakings are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash and cash equivalents are basic financial instruments and include cash in hand and deposits held at call with banks.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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 statement of financial position date.

Retirement benefits

The Company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the Company. The annual contributions payable are charged to the Income Statement.

Finance costs

Finance cost are charged to the Statement of Comprehensive Income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Employee benefits

The cost of short-term employee benefits are recognised as a liability and an expense.

The cost of any unused holiday entitlement is recognised in the period in which the employees services are received.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 66 (2023 - 64 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by related parties

2,167,195

1,384,507

Other debtors

1,684,487

1,319,302

3,851,682

2,703,809

Amounts owed by related parties are unsecured, interest free and are repayable on demand.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

26,957

715

Amounts owed to related parties

35,419

18,689

Taxation and social security

391,795

331,357

Other creditors

122,746

28,734

576,917

379,495

Amounts owed to related parties are unsecured, interest free and are repayable on demand.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

2

Ordinary

£1

2

2

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Martin Thomas FCCA (Senior Statutory Auditor)

for and on behalf of Cooper Parry Group Limited

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group or those carried out under normal market conditions.

9.	ULTIMATE PARENT UNDERTAKING AND CONTROLLING PARTY

The immediate parent company is NW UK F3 Bidco Limited and the ultimate parent company is NW Regional Holdco Limited.

NW Regional Holdco Limited, the controlling party, is a Jersey registered company. The registered office address is 44 Esplanade, St. Helier, JE4 9WG, Jersey.