PURE COMMERCIAL (RUABON) LIMITED
FORMERLY PURE RESIDENTIAL & COMMERCIAL (DENBIGH) LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
Company Registration No. 11173532 (England and Wales)
PURE COMMERCIAL (RUABON) LIMITED
FORMERLY PURE RESIDENTIAL & COMMERCIAL (DENBIGH) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 6
PURE COMMERCIAL (RUABON) LIMITED
FORMERLY PURE RESIDENTIAL & COMMERCIAL (DENBIGH) LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Stocks
1,622,158
1,622,158
Debtors
4
343,880
668,394
Cash at bank and in hand
541
1,365
1,966,579
2,291,917
Creditors: amounts falling due within one year
5
(1,814,824)
(2,127,687)
Net current assets
151,755
164,230
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
151,655
164,130
Total equity
151,755
164,230

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 28 July 2026 and are signed on its behalf by:
C D White
Director
Company registration number 11173532 (England and Wales)
PURE COMMERCIAL (RUABON) LIMITED
FORMERLY PURE RESIDENTIAL & COMMERCIAL (DENBIGH) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 2 -
1
Accounting policies
Company information

Pure Commercial (Ruabon) Limited is a private company limited by shares incorporated in England and Wales. The registered office is New Vision House, New Vision Business Park, Glascoed Road, St Asaph, Denbighshire, LL17 0LP.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.The principal accounting policies adopted are set out below.

1.2
Going concern

The directors have prepared cash flow forecasts which demonstrate that the company will continue to meet its liabilities as they fall due for at least 12 months from the date of approval of these financial statements.true

This is supported by continued funding from the company’s lenders, together with financial support from its parent undertaking, and the availability of development finance facilities which are used to fund ongoing development activities. The directors expect these facilities to be repaid through a combination of property sales and ongoing funding arrangements.

On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.

1.3
Revenue

Turnover is recognised at the fair value of the consideration received or receivable for goods provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue f or house sales is recognised at legal completion of house sales and represents the achieved sales values, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

PURE COMMERCIAL (RUABON) LIMITED
FORMERLY PURE RESIDENTIAL & COMMERCIAL (DENBIGH) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 3 -
1.4
Stocks

Stocks and work in progress are stated at the lower of cost and net realisable value; cost includes materials, labour and sub-contract work. The company's land stocks comprise two main categories:

Type 1: land where construction has commenced at the year end and which is generally short to medium term in its development horizon.

Type 2: land where no construction has taken place at the year end.

Net realisable value for land where construction has commenced at the year end (Type 1) is assessed by estimating selling prices and associated costs (including sales and marketing expenses), taking into account current market conditions at the Balance Sheet date.

Land where construction has not commenced at the year end (Type 2) has its net realisable value assessed based on the land's likely use, taking account of current estimated selling prices and associated costs, at that time, assuming an appropriate financial return to reflect current market conditions and the prevailing financial environment at the Balance Sheet date.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

PURE COMMERCIAL (RUABON) LIMITED
FORMERLY PURE RESIDENTIAL & COMMERCIAL (DENBIGH) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 4 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
PURE COMMERCIAL (RUABON) LIMITED
FORMERLY PURE RESIDENTIAL & COMMERCIAL (DENBIGH) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 5 -
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
-
0
360
Amounts owed by group undertakings
343,385
343,385
Other debtors
495
324,649
343,880
668,394
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
1,200
-
0
Amounts owed to group undertakings
1,806,748
2,082,081
Corporation tax
-
0
37,530
Other creditors
6,876
8,076
1,814,824
2,127,687
6
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 October 2025 and of its loss for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Senior Statutory Auditor:
Jean Ellis BA FCA CTA
Statutory Auditor:
DSG Audit
Date of audit report:
28 July 2026
7
Parent company

The immediate parent company is Pure Residential & Commercial Limited, a company registered in England and Wales, company number 03262438. The registered address is the same as for Pure Commercial (Ruabon) Limited.

PURE COMMERCIAL (RUABON) LIMITED
FORMERLY PURE RESIDENTIAL & COMMERCIAL (DENBIGH) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
7
Parent company
(Continued)
- 6 -

The ultimate parent company is K&C Group (NW) Limited, a company registered in England and Wales, company number 08787609. The registered address is the same as for Pure Commercial (Ruabon) Limited. K&C Group (NW) Limited is the largest group of companies into which the company's results are consolidated where the financial statements are available to the public. Copies of the consolidated financial statements of K&C Group (NW) Limited may be obtained from the Registrar of Companies at Crown Way, Cardiff, CF14 3UZ.

2025-10-31 2024-11-01 false false false 28 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mrs V R White Mr C D White V R White 11173532 2024-11-01 2025-10-31 11173532 2025-10-31 11173532 2024-10-31 11173532 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 11173532 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 11173532 core:CurrentFinancialInstruments 2025-10-31 11173532 core:CurrentFinancialInstruments 2024-10-31 11173532 core:ShareCapital 2025-10-31 11173532 core:ShareCapital 2024-10-31 11173532 core:RetainedEarningsAccumulatedLosses 2025-10-31 11173532 core:RetainedEarningsAccumulatedLosses 2024-10-31 11173532 bus:Director1 2024-11-01 2025-10-31 11173532 2023-11-01 2024-10-31 11173532 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 11173532 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 11173532 bus:FRS102 2024-11-01 2025-10-31 11173532 bus:Audited 2024-11-01 2025-10-31 11173532 bus:Director2 2024-11-01 2025-10-31 11173532 bus:CompanySecretary1 2024-11-01 2025-10-31 11173532 bus:FullAccounts 2024-11-01 2025-10-31 xbrli:pure xbrli:shares iso4217:GBP