Company registration number: 04774025
Annual report and unaudited financial statements
for the year ended 30 September 2025
for
PURCELLS ACCOUNTAX LIMITED
Pages for filing with the Registrar
Company registration number: 04774025
PURCELLS ACCOUNTAX LIMITED
Balance sheet
as at 30 September 2025
30 Sep 25 30 Sep 24
Note £ £ £ £
Fixed assets
Intangible assets 4 32,400 37,587
Tangible assets 5 1,043 1,391
33,443 38,978
Current assets
Stocks 13,350 -
Debtors 6 6,027 1,330
Cash at bank and in hand 25,657 33,842
45,034 35,172
Creditors: amounts falling due within one
year 		7 (71,753) (72,683)
Net current liabilities (26,719) (37,511)
Total assets less current liabilities 6,724 1,467
NET ASSETS 6,724 1,467
Capital and reserves
Called up share capital 100 100
Profit and loss account 6,624 1,367
TOTAL EQUITY 6,724 1,467
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 September 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 04774025
PURCELLS ACCOUNTAX LIMITED
Balance sheet - continued
as at 30 September 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
M Zaroovabeli, Director
28 May 2026
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PURCELLS ACCOUNTAX LIMITED
Notes to the financial statements
for the year ended 30 September 2025
1 Company information
PURCELLS ACCOUNTAX LIMITED is a private company registered in England and Wales. Its registered number is 04774025. The company is limited by shares. Its registered office is 4 Quex Road, London, London, NW6 4PJ.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 10% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 25% reducing balance
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PURCELLS ACCOUNTAX LIMITED
Notes to the financial statements - continued
for the year ended 30 September 2025
2 Accounting policies - continued
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first -in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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 balance sheet date.
3 Average number of employees
During the year the average number of employees was 1 (2024 - 1).
4 Intangible assets
Goodwill
£
Cost
At 1 October 2024 63,200
At 30 September 2025 63,200
Amortisation
At 1 October 2024 25,613
Charge for year 5,187
At 30 September 2025 30,800
Net book value
At 30 September 2025 32,400
At 30 September 2024 37,587
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PURCELLS ACCOUNTAX LIMITED
Notes to the financial statements - continued
for the year ended 30 September 2025
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 October 2024 3,938
At 30 September 2025 3,938
Depreciation
At 1 October 2024 2,547
Charge for year 348
At 30 September 2025 2,895
Net book value
At 30 September 2025 1,043
At 30 September 2024 1,391
6 Debtors
30 Sep 25 30 Sep 24
£ £
Trade debtors 6,027 1,330
7 Creditors: amounts falling due within one year
30 Sep 25 30 Sep 24
£ £
Other creditors 70,173 70,989
Taxation 1,315 1,319
Social security and other tax - 110
Accruals and deferred income 265 265
71,753 72,683
Other creditors includes Shareholders Loans of £36,000 (2024- £36,000)
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