True Purpose Enterprises Limited
True Purpose Enterprises Limited
Registered number: 13378037
Unaudited Financial Statements
For the Period
5 May 2021
to
31 December 2021
Smooth Accounting
True Purpose Enterprises Limited
Unaudited Financial Statements
For the Period
5 May 2021
to
31 December 2021
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2 |
True Purpose Enterprises Limited
Balance Sheet
As at
31 December 2021
Balance Sheet
Registered number:
13378037
For the period ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
| 31 December 2021 | |||
|---|---|---|---|
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Debtors | 3 |
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| Creditors: Amounts Falling Due Within One Year | 4 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||
| Called up share capital | 5 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 227 | ||
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Director
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The notes on page 2 form part of these financial statements.
True Purpose Enterprises Limited
Notes to the Financial Statements
For the Period
5 May 2021
to
31 December 2021
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Financial Instruments
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 1
3.
Debtors
| 31 December 2021 | |
|---|---|
| £ | |
| Due within one year | |
| Amounts owed by group undertakings | 23,226 |
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4.
Creditors: Amounts Falling Due Within One Year
| 31 December 2021 | |
|---|---|
| £ | |
| Other creditors | 22,999 |
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6.
Related Party Transactions
True Purpose Enterprise Limited are the ultimate controlling party for The Point Brand Extension Company Limited by virtue of their ownership of 100% of the issued share capital in the company.
Included within other debtors is an amount owed by The Point Brand Extension Company of £23,226.
7.
General Information
True Purpose Enterprises Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
13378037
. The registered office is Salisbury House London Wall, London, EC2M 5PS.