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Company Registration No. 12934783 (England and Wales)
PURPLE ALLEY LTD Annual Report and Unaudited Accounts for the year ended 31 October 2025
PURPLE ALLEY LTD Annual Report and Unaudited Accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PURPLE ALLEY LTD Company Information for the year ended 31 October 2025
Directors
Ramzan Ali BHATTI Atif RAMZAN
Company Number
12934783 (England and Wales)
Registered Office
14 BRANDON AVENUE WOODLEY READING BERKSHIRE RG5 4PU ENGLAND
Accountants
Asmat & Co 84 High Street Slough Berkshire SL1 1EL
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PURPLE ALLEY LTD Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
-
12,000
Current assets
Inventories
15,000
15,144
Debtors
5
-
117
Cash at bank and in hand
401
4,424
15,401
19,685
Creditors: amounts falling due within one year
6
(1,481)
(1,336)
Net current assets
13,920
18,349
Total assets less current liabilities
13,920
30,349
Creditors: amounts falling due after more than one year
7
(64,237)
(60,526)
Net liabilities
(50,317)
(30,177)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(50,417)
(30,277)
Shareholders' funds
(50,317)
(30,177)
For the year ending 31 October 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 21 July 2026 and were signed on its behalf by
Atif RAMZAN Director Company Registration No. 12934783
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PURPLE ALLEY LTD Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
PURPLE ALLEY LTD is a private company, limited by shares, registered in England and Wales, registration number 12934783. The registered office is 14 BRANDON AVENUE, WOODLEY, READING, BERKSHIRE, RG5 4PU, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
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.
Going concern
Mr. Atif Ramzan and Mr. Ramzan Ali Bhatti directors of the company advanced loan of £60,526 to the company from their private funds. The advanced is unsecured and is subordinated in favor of the third-party creditors. They have confirmed in a letter of support that the funds will not be withdrawn from the company for at least 12 months from the date of approval of financial statements and therefore it is on this basis that the financial statements can be prepared on a going concern basis.
Presentation currency
The accounts are presented in £ sterling.
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PURPLE ALLEY LTD Notes to the Accounts for the year ended 31 October 2025
4
Intangible fixed assets
Goodwill
£
Cost
At 1 November 2024
12,000
Disposals
(12,000)
At 31 October 2025
-
Amortisation
At 1 November 2024
-
At 31 October 2025
-
Net book value
At 31 October 2025
-
At 31 October 2024
12,000
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
-
117
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
1,259
-
Other creditors
222
1,336
1,481
1,336
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
64,237
60,526
8
Average number of employees
During the year the average number of employees was 5 (2024: 5).
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