Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Purple Apple Management Limited
Contents
|
|||
|
|||
|
The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 5 ) have been prepared.
Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Purple Apple Management Limited
for the Year Ended 30 November 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Purple Apple Management Limited for the year ended 30 November 2016 set out on pages from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Purple Apple Management Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Purple Apple Management Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation . To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Purple Apple Management Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Purple Apple Management Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Purple Apple Management Limited. You consider that Purple Apple Management Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Purple Apple Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
......................................
Andrew Keates & Associates Limited
Accountants & Tax Advisors
Clock Tower House
Trueman Street
Liverpool
Merseyside
L3 2BA
18 July 2017
Purple Apple Management Limited
(Registration number: 07129564)
Abbreviated Balance Sheet at 30 November 2016
Note |
2016
|
2015
|
|||||||
Fixed assets |
|||||||||
Tangible fixed assets |
|
|
|||||||
Current assets |
|||||||||
Stocks |
|
|
|||||||
Debtors |
|
|
|||||||
Cash at bank and in hand |
|
|
|||||||
|
|
||||||||
Creditors: Amounts falling due within one year |
( |
( |
|||||||
Net current assets |
|
|
|||||||
Total assets less current liabilities |
|
|
|||||||
Creditors: Amounts falling due after more than one year |
- |
( |
|||||||
Net assets |
|
|
|||||||
Capital and reserves |
|||||||||
Called up share capital |
|
|
|||||||
Profit and loss account |
|
|
|||||||
Shareholders' funds |
|
|
Approved by the director on
.........................................
Mr M Ryder
Director
2
Purple Apple Management Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2016
......... continued
Accounting policies |
Basis of preparation
Turnover
Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value over their expected useful economic life
Asset class |
Amortisation method and rate |
Goodwill |
|
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Motor vehicles |
|
Office equipment |
|
Fixtures & fittings |
|
Work in progress
Hire purchase and leasing
Purple Apple Management Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2016
......... continued
Fixed assets |
Intangible assets
|
Tangible assets
|
Total
|
|||||||
Cost |
|||||||||
At 1 December 2015 |
258,036 |
126,791 |
384,827 |
||||||
Additions |
- |
70,562 |
70,562 |
||||||
At 30 November 2016 |
258,036 |
197,353 |
455,389 |
||||||
Depreciation |
|||||||||
At 1 December 2015 |
258,036 |
72,085 |
330,121 |
||||||
Charge for the year |
- |
34,529 |
34,529 |
||||||
At 30 November 2016 |
258,036 |
106,614 |
364,650 |
||||||
Net book value |
|||||||||
At 30 November 2016 |
- |
|
|
||||||
At 30 November 2015 |
- |
|
|
Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
|||||||||||
No. |
£ |
No. |
£ |
|||||||||
|
|
|
|
|
||||||||
Purple Apple Management Limited
Notes to the Abbreviated Accounts for the Year Ended 30 November 2016
......... continued
Related party transactions |
Director's advances and credits |
2016 |
2016 |
2015 |
2015 |
|
Mr M Ryder |
||||
|
|
- |
(110,392) |
- |