Purple Plumbing & Gas Limited 08960701 true 2024-03-01 2025-02-28 2025-02-28 The principal activity of the company is Plumbing, heat and air-conditioning installation Digita Accounts Production Advanced 6.30.9574.0 true Mr Clifford Perry Rotstein 08960701 2024-03-01 2025-02-28 08960701 2025-02-28 08960701 bus:OrdinaryShareClass1 2025-02-28 08960701 core:RetainedEarningsAccumulatedLosses 2025-02-28 08960701 core:ShareCapital 2025-02-28 08960701 core:FinanceLeases core:CurrentFinancialInstruments 2025-02-28 08960701 core:FinanceLeases core:Non-currentFinancialInstruments 2025-02-28 08960701 core:CurrentFinancialInstruments 2025-02-28 08960701 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 08960701 core:Non-currentFinancialInstruments core:AfterOneYear 2025-02-28 08960701 core:FurnitureFittingsToolsEquipment 2025-02-28 08960701 core:MotorVehicles 2025-02-28 08960701 bus:FRS102 2024-03-01 2025-02-28 08960701 bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 08960701 bus:FullAccounts 2024-03-01 2025-02-28 08960701 bus:RegisteredOffice 2024-03-01 2025-02-28 08960701 bus:Director1 2024-03-01 2025-02-28 08960701 bus:OrdinaryShareClass1 2024-03-01 2025-02-28 08960701 bus:EntityNoLongerTradingButTradedInPast 2024-03-01 2025-02-28 08960701 bus:Consolidated 2024-03-01 2025-02-28 08960701 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 08960701 core:MotorVehicles 2024-03-01 2025-02-28 08960701 countries:EnglandWales 2024-03-01 2025-02-28 08960701 2024-02-29 08960701 core:FurnitureFittingsToolsEquipment 2024-02-29 08960701 core:MotorVehicles 2024-02-29 08960701 2023-03-01 2024-02-29 08960701 2024-02-29 08960701 bus:OrdinaryShareClass1 2024-02-29 08960701 core:RetainedEarningsAccumulatedLosses 2024-02-29 08960701 core:ShareCapital 2024-02-29 08960701 core:FinanceLeases core:CurrentFinancialInstruments 2024-02-29 08960701 core:FinanceLeases core:Non-currentFinancialInstruments 2024-02-29 08960701 core:CurrentFinancialInstruments 2024-02-29 08960701 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 08960701 core:Non-currentFinancialInstruments core:AfterOneYear 2024-02-29 08960701 core:FurnitureFittingsToolsEquipment 2024-02-29 08960701 core:MotorVehicles 2024-02-29 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 08960701

Purple Plumbing & Gas Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 28 February 2025

Purple Plumbing & Gas Limited

Profit and Loss Account for the Year Ended 28 February 2025

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Purple Plumbing & Gas Limited

(Registration number: 08960701)
Balance Sheet as at 28 February 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 3 | 4,443 | 4,443
Current assets |  |  |
Cash at bank and in hand |  | 291 | 291
Creditors: Amounts falling due within one year | 5 | (9,572) | (9,572)
Net current liabilities |  | (9,281) | (9,281)
Total assets less current liabilities |  | (4,838) | (4,838)
Creditors: Amounts falling due after more than one year | 5 | (6,647) | (6,647)
Net liabilities |  | (11,485) | (11,485)
Capital and reserves |  |  |
Called up share capital | 6 | 2 | 2
Retained earnings |  | (11,487) | (11,487)
Shareholders' deficit |  | (11,485) | (11,485)

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 1 September 2025

Purple Plumbing & Gas Limited

(Registration number: 08960701)
Balance Sheet as at 28 February 2025

......................................... Mr Clifford Perry Rotstein Director

Purple Plumbing & Gas Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
42-46 Station Road
Edgware
Middlesex
HA8 7AB
England

These financial statements were authorised for issue by the director on 1 September 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Motor vehicles | 25% Reducing Balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Purple Plumbing & Gas Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Purple Plumbing & Gas Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

3 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 March 2024 | 340 | 24,061 | 24,401
At 28 February 2025 | 340 | 24,061 | 24,401
Depreciation
At 1 March 2024 | 339 | 19,619 | 19,958
At 28 February 2025 | 339 | 19,619 | 19,958
Carrying amount
At 28 February 2025 | 1 | 4,442 | 4,443
At 29 February 2024 | 1 | 4,442 | 4,443

4 | Cash and cash equivalents

| 2025 £ | 2024 £
Cash at bank | 291 | 291
Bank overdrafts | (26) | (26)
Cash and cash equivalents in statement of cash flows | 265 | 265

5 | Creditors

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 7 | 297 | 297
Social security and other taxes |  | 312 | 312
Accruals |  | 2,520 | 2,520
Corporation tax payable |  | 6,443 | 6,443
|  | 9,572 | 9,572
Due after one year |  |  |
Loans and borrowings | 7 | 6,647 | 6,647

Purple Plumbing & Gas Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

6 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Share Capital of £1 each | 2 | 2 | 2 | 2

7 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Finance lease liabilities | 6,647 | 6,647

Current loans and borrowings

| 2025 £ | 2024 £
Bank overdrafts | 26 | 26
Finance lease liabilities | 271 | 271
| 297 | 297

8 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2024 - 0).