REGISTERED NUMBER: 05510411 (England and Wales)

Financial Statements

for the Year Ended 31 March 2026

for

Puretech Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C Du Plessis

N P Webb

S Queen

REGISTERED OFFICE:

The Round

Thornbury Hill

Alveston

Bristol

BS35 3LG

REGISTERED NUMBER:

05510411 (England and Wales)

SENIOR STATUTORY AUDITOR:

Andrew Davis FCA

AUDITORS:

Mander Duffill

Chartered Accountants & Statutory Auditor

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

FIXED ASSETS

Tangible assets

4

93,974

40,555

CURRENT ASSETS

Stocks

16,046

-

Debtors

5

194,871

242,055

Cash at bank

406,093

227,698

617,010

469,753

CREDITORS

Amounts falling due within one year

6

478,992

461,802

NET CURRENT ASSETS

138,018

7,951

TOTAL ASSETS LESS CURRENT LIABILITIES

231,992

48,506

CREDITORS

Amounts falling due after more than one year

7

(38,036

)

(19,022

)

PROVISIONS FOR LIABILITIES

(14,811

)

-

NET ASSETS

179,145

29,484

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

179,045

29,384

179,145

29,484

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 August 2026 and were signed on its behalf by:

S Queen - Director

N P Webb - Director

1.	STATUTORY INFORMATION

Puretech Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Furniture, fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Furniture,

fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

6,175

35,000

12,885

54,060

Additions

-

69,534

1,056

70,590

At 31 March 2026

6,175

104,534

13,941

124,650

DEPRECIATION

At 1 April 2025

3,896

4,375

5,234

13,505

Charge for year

569

14,900

1,702

17,171

At 31 March 2026

4,465

19,275

6,936

30,676

NET BOOK VALUE

At 31 March 2026

1,710

85,259

7,005

93,974

At 31 March 2025

2,279

30,625

7,651

40,555

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2025

35,000

Additions

69,534

At 31 March 2026

104,534

DEPRECIATION

At 1 April 2025

4,375

Charge for year

14,900

At 31 March 2026

19,275

NET BOOK VALUE

At 31 March 2026

85,259

At 31 March 2025

30,625

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

125,161

194,233

Prepayments

66,908

44,317

Other debtors

2,802

3,505

194,871

242,055

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

1,769

10,462

Hire purchase contracts

17,789

4,747

Trade creditors

62,703

106,657

Corporation tax

47,593

40,002

Social security and other taxes

49,132

52,025

Deferred income

224,302

236,083

Accruals

65,695

9,125

Other creditors

10,009

2,701

478,992

461,802

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans - 1-2 years

-

1,769

Hire purchase contracts

38,036

17,253

38,036

19,022

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andrew Davis FCA (Senior Statutory Auditor)

for and on behalf of Mander Duffill

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Included within other debtors is a loan to a related party of £nil (2025: £3,505).

10.	ULTIMATE CONTROLLING PARTY

The holding company is Deneb Investments UK Limited, a company registered in the UK.

The holding company of Deneb Investments UK Ltd is Deneb Investments Ltd, a company registered in South Africa.

The ultimate controlling party is Hosken Consolidated Limited, a company registered in South Africa.