REGISTERED NUMBER: 15752311 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2026

for

Purple Rain Properties Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C M Cotterill

REGISTERED OFFICE:

123 Maidstone Road

Rochester

United Kingdom

Kent

ME1 1RR

REGISTERED NUMBER:

15752311 (England and Wales)

ACCOUNTANTS:

Burnbecks Limited

Chartered Certified Accountants

71-75 Shelton Street

London

WC2H 9JQ

FIXED ASSETS

Tangible assets

4

252,896

255,214

CURRENT ASSETS

Cash at bank

2,520

2,066

CREDITORS

Amounts falling due within one year

116,724

107,755

NET CURRENT LIABILITIES

(114,204

)

(105,689

)

TOTAL ASSETS LESS CURRENT LIABILITIES

138,692

149,525

CREDITORS

Amounts falling due after more than one year

5

169,414

169,435

NET LIABILITIES

(30,722

)

(19,910

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(30,723

)

(19,911

)

SHAREHOLDERS' FUNDS

(30,722

)

(19,910

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 October 2026 and were signed by:

C M Cotterill - Director

1.	STATUTORY INFORMATION

Purple Rain Properties Ltd 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.

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.

At the balance sheet date the company's liabilities exceeded assets by £30,722. Working capital is provided by a loan from the director of £85,578 and as repayment of this loan will not be made until cash flow permits, the director has prepared these accounts on a going concern basis.

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.

Freehold property

-

not provided

Furniture & fittings

-

15% on cost

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 June 2025

256,032

Disposals

(1,500

)

At 31 May 2026

254,532

DEPRECIATION

At 1 June 2025

818

Charge for year

818

At 31 May 2026

1,636

NET BOOK VALUE

At 31 May 2026

252,896

At 31 May 2025

255,214

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

31.5.26

31.5.25

£

£

Repayable by instalments

Bank loan > 5 years

169,414

169,435

6.	SECURED DEBTS

The following secured debts are included within creditors:

31.5.26

31.5.25

£

£

Bank loans

169,414

169,435

The property is secured by a debenture dated 11th December 2024 in favour of the lender.