Purley Ltd

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—9

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Purley Ltd

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 09084908

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		286,792		300,340

			286,792		300,340
CURRENT ASSETS
Stocks	6	610		265
Debtors	7	218,554		357,616
Cash at bank and in hand		207,897		40,019

		427,061		397,900
Creditors: Amounts Falling Due Within One Year	8	(203,207 )		(139,377 )

NET CURRENT ASSETS (LIABILITIES)			223,854		258,523

TOTAL ASSETS LESS CURRENT LIABILITIES			510,646		558,863

Creditors: Amounts Falling Due After More Than One Year	9		(367,429 )		(435,869 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(6,924 )		(4,474 )

NET ASSETS			136,293		118,520

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			136,193		118,420

SHAREHOLDERS' FUNDS			136,293		118,520

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Purley Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Tushi Popat

Director

15 October 2025

The notes on pages 4 to 9 form part of these financial statements.

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Purley Ltd

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Purley Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09084908 . The registered office is 12 Hollies Way, Thurnby, Leicester, LE7 9RJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% Straight Line
Plant & Machinery	20% Reducing Balance
Motor Vehicles	20% Reducing Balance
Fixtures & Fittings	20% Reducing Balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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Purley Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.8. Debtors & Creditors

Short term debtors are measured at transaction price (which is usually the invoice price), less any

impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at

transaction price including any transaction costs and subsequently measured at amortised cost determined

using the effective interest method, less any impairment losses for bad and doubtful debts.

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 29 (2024: 29)

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Purley Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	234,930

As at 31 March 2025	234,930

Amortisation
As at 1 April 2024	234,930

As at 31 March 2025	234,930

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

Goodwill has been written off in equal annual instalments over its estimated economic life of 4 years.

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 April 2024	296,213	540	80,670	86,101	463,524
Additions	-	-	-	7,520	7,520

As at 31 March 2025	296,213	540	80,670	93,621	471,044

Depreciation
As at 1 April 2024	53,322	400	31,368	78,094	163,184
Provided during the period	5,925	108	9,861	5,174	21,068

As at 31 March 2025	59,247	508	41,229	83,268	184,252

Net Book Value
As at 31 March 2025	236,966	32	39,441	10,353	286,792

As at 1 April 2024	242,891	140	49,302	8,007	300,340

6. Stocks

	2025	2024
	£	£
Finished goods	610	265

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Purley Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	218,554	357,616

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	14,710	14,710
Trade creditors	3,199	-
Bank loans and overdrafts	43,105	8,810
Other creditors	111,904	90,816
Taxation and social security	30,289	25,041

	203,207	139,377

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	15,005	29,715
Bank loans	352,424	406,154

	367,429	435,869

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	14,710	14,710
Later than one year and not later than five years	15,005	29,715

	29,715	44,425

	29,715	44,425

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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Purley Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

12. Related Party Transactions

Directors Loan Account

Directors Loan Account - these loans are free of interest and repayable on demand.

The amount is included within other creditors.

Amount due to the related party: £0 (2024: £11,620)

Purley Green Ltd

A company in which the directors are also directors and shareholders.

Loan account - The loan is free of interest and repayable on demand.

The amount is included within other debtors.

Amount due from the related party: £156,195 (2024: £225,750)

Purley Orange Ltd

A company in which the directors are also directors and shareholders.

Loan account - The loan is free of interest and repayable on demand.

The amount is included within other debtors.

Amount due from the related party: £5,754 (2024: £5,720)

Purley Red Ltd

A company in which the directors are also directors and shareholders.

Loan account - The loan is free of interest and repayable on demand.

The amount is included within other debtors.

Amount due from the related party: £43,259 (2024: £14,145)

Purley Yellow Ltd

A company in which the directors are also directors and shareholders.

Loan account - The loan is free of interest and repayable on demand.

The amount is included within other debtors.

Amount due from the related party: £0 (2024: £97,140)

East Priors Ltd

A company in which the directors are also directors and shareholders.

Loan account - The loan is free of interest and repayable on demand.

The amount is included within other creditors.

Amount due to the related party: £50,000 (2024: £50,000)

Little Leprechauns Day Nurseries Ltd

...CONTINUED

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Purley Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

12. Related Party Transactions - continued

A company in which the directors are also directors and shareholders.

Loan account - The loan is free of interest and repayable on demand.

The amount is included within other creditors.

Amount due to the related party: £1,321 (2024: £20,000)

Purley Pink Ltd

A company in which the directors are also directors and shareholders.

Loan account - The loan is free of interest and repayable on demand.

The amount is included within other creditors.

Amount due to the related party: £6,427 (2024: £6,495)

13. Ultimate Controlling Party

The company's ultimate controlling party is Tushi Anant Popat by virtue of her ownership of 100% of the issued share capital in the company.

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Director	Mrs Tushi Popat

Company Number	09084908

Registered Office	12 Hollies Way
	Thurnby
	Leicester
	LE7 9RJ

Accountants	Xeinadin
	Chartered Accountants
	21-23 High View Close
	Hamilton Office Park
	Leicester
	LE4 9LJ

Bankers	Lloyds Bank Plc