Company Registration No. 07256688 (England and Wales)
Purechem Limited
Unaudited accounts
for the year ended 31 May 2023
Purechem Limited
Unaudited accounts
Contents
Purechem Limited
Company Information
for the year ended 31 May 2023
Directors
Mark Dobby
Wendy Dobby
Company Number
07256688 (England and Wales)
Registered Office
4 Red House Gardens
Moor Road
Bishop Monkton
North Yorkshire
HG3 3QF
Accountants
Business Works UK Ltd
4 Lidgett Lane
Garforth
Leeds
West Yorkshire
LS25 1EQ
Purechem Limited
Statement of financial position
as at 31 May 2023
Tangible assets
25,999
37,154
Investment property
-
188,696
Cash at bank and in hand
1,016,490
640,429
Creditors: amounts falling due within one year
(476,244)
(471,319)
Net current assets
1,166,890
678,984
Total assets less current liabilities
1,192,889
904,834
Creditors: amounts falling due after more than one year
(31,677)
(38,206)
Net assets
1,161,212
866,628
Called up share capital
10
10
Profit and loss account
1,161,202
866,618
Shareholders' funds
1,161,212
866,628
For the year ending 31 May 2023 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 25 October 2023 and were signed on its behalf by
Mark Dobby
Director
Company Registration No. 07256688
Purechem Limited
Notes to the Accounts
for the year ended 31 May 2023
Purechem Limited is a private company, limited by shares, registered in England and Wales, registration number 07256688. The registered office is 4 Red House Gardens, Moor Road, Bishop Monkton, North Yorkshire, HG3 3QF.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing balance
Purechem Limited
Notes to the Accounts
for the year ended 31 May 2023
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2022
51,400
30,897
82,297
Disposals
-
(28,304)
(28,304)
At 31 May 2023
51,400
7,179
58,579
At 1 June 2022
22,488
22,655
45,143
Charge for the year
7,228
1,438
8,666
On disposals
-
(21,229)
(21,229)
At 31 May 2023
29,716
2,864
32,580
At 31 May 2023
21,684
4,315
25,999
At 31 May 2022
28,912
8,242
37,154
Fair value at 1 June 2022
188,696
Amounts falling due within one year
Trade debtors
537,207
502,325
Amounts due from group undertakings etc.
80,000
-
Deferred tax asset
3,172
1,569
Accrued income and prepayments
3,065
2,780
7
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
6,529
5,244
Trade creditors
316,642
333,415
Taxes and social security
90,278
75,795
Loans from directors
8,085
(12,561)
Purechem Limited
Notes to the Accounts
for the year ended 31 May 2023
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
31,677
38,206
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).