Company Registration No. 08009089 (England and Wales)
Purecycle Limited
Unaudited accounts
for the year ended 31 March 2025
Purecycle Limited
Unaudited accounts
Contents
Purecycle Limited
Company Information
for the year ended 31 March 2025
Directors
L Oldershaw
S Dayani
Company Number
08009089 (England and Wales)
Registered Office
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
United Kingdom
Accountants
S A Acc'y Ltd
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
Purecycle Limited
Statement of financial position
as at 31 March 2025
Creditors: amounts falling due within one year
(324,064)
(323,505)
Net current liabilities
(263,898)
(262,725)
Total assets less current liabilities
(263,517)
(262,217)
Creditors: amounts falling due after more than one year
(149,845)
(149,845)
Provisions for liabilities
Net liabilities
(413,403)
(412,159)
Called up share capital
1
1
Profit and loss account
(413,404)
(412,160)
Shareholders' funds
(413,403)
(412,159)
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by
L Oldershaw
Director
Company Registration No. 08009089
Purecycle Limited
Notes to the Accounts
for the year ended 31 March 2025
Purecycle Limited is a private company, limited by shares, registered in England and Wales, registration number 08009089. The registered office is The Corner House, 4 Beaumont Road, Church Stretton, Shropshire, SY6 6BN, United Kingdom.
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 £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% per annum - reducing balance
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
31,889
31,889
Amounts due from group undertakings etc.
19,007
19,621
Purecycle Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
60,595
59,736
Amounts owed to group undertakings and other participating interests
178,000
178,000
Taxes and social security
17,706
17,946
Loans from directors
67,409
67,409
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
149,845
149,845
8
Transactions with related parties
Loans were made in the year to Pure Cycle (Engineering) Ltd of £nil (2024: £nil). Balance owing at the year end £19007 (2024: £19621).
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).