Company Registration No. 14694385 (England and Wales)
Purple Rock Trading Ltd
Unaudited accounts
for the year ended 28 February 2025
Purple Rock Trading Ltd
Unaudited accounts
Contents
Purple Rock Trading Ltd
Company Information
for the year ended 28 February 2025
Director
Mohammed Ayaz Shezaad Karim
Company Number
14694385 (England and Wales)
Registered Office
3 Fenton Close
Oadby
LE2 5WU
England
Accountants
YP Finance
Hawthorne House
17A Hawthorne Drive
Leicester
Leicestershire
LE5 6DL
Purple Rock Trading Ltd
Statement of financial position
as at 28 February 2025
Cash at bank and in hand
1,783
51
Creditors: amounts falling due within one year
(35,827)
(12,558)
Net current liabilities
(14,395)
(2,600)
Net liabilities
(14,395)
(2,600)
Called up share capital
1
1
Profit and loss account
(14,396)
(2,601)
Shareholders' funds
(14,395)
(2,600)
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 November 2025 and were signed on its behalf by
Mohammed Ayaz Shezaad Karim
Director
Company Registration No. 14694385
Purple Rock Trading Ltd
Notes to the Accounts
for the year ended 28 February 2025
Purple Rock Trading Ltd is a private company, limited by shares, registered in England and Wales, registration number 14694385. The registered office is 3 Fenton Close, Oadby, LE2 5WU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in ÃÂã sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Amounts falling due within one year
Purple Rock Trading Ltd
Notes to the Accounts
for the year ended 28 February 2025
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
15,991
-
Trade creditors
9,127
5,562
Loans from directors
4,962
5,537
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).