Purple Placements Limited - Abbreviated accounts 16.1

Purple Placements Limited - Abbreviated accounts 16.1

PURPLE PLACEMENTS LIMITED - Company Information

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REGISTERED NUMBER: 09691765 (England and Wales)












ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 17 JULY 2015 TO 31 JULY 2016

FOR

PURPLE PLACEMENTS LIMITED

PURPLE PLACEMENTS LIMITED (REGISTERED NUMBER: 09691765)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the period 17 July 2015 to 31 July 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

PURPLE PLACEMENTS LIMITED

COMPANY INFORMATION
for the period 17 July 2015 to 31 July 2016







DIRECTORS: Ms D K Tovey
Ms J L Clayton





REGISTERED OFFICE: Griffins Court
24-32 London Road
NEWBURY
Berkshire
RG14 1JX





REGISTERED NUMBER: 09691765 (England and Wales)





ACCOUNTANTS: Griffins
Chartered Accountants
Griffins Court
24-32 London Road
NEWBURY
Berkshire
RG14 1JX
Page 1
PURPLE PLACEMENTS LIMITED (REGISTERED NUMBER: 09691765)

ABBREVIATED BALANCE SHEET
31 July 2016

Notes £    £   
FIXED ASSETS
Intangible assets 2 18,500
Tangible assets 3 1,055
19,555

CURRENT ASSETS
Debtors 16,298
Cash at bank 2,364
18,662
CREDITORS
Amounts falling due within one year 36,302
NET CURRENT LIABILITIES (17,640 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,915

PROVISIONS FOR LIABILITIES 211
NET ASSETS 1,704

CAPITAL AND RESERVES
Called up share capital 4 100
Profit and loss account 1,604
SHAREHOLDERS' FUNDS 1,704

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these abbreviated accounts

Page 2 continued...
PURPLE PLACEMENTS LIMITED (REGISTERED NUMBER: 09691765)

ABBREVIATED BALANCE SHEET - continued
31 July 2016


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 14 October 2016 and were signed on its behalf by:




Ms J L Clayton - Director



Ms D K Tovey - Director


The notes form part of these abbreviated accounts

Page 3
PURPLE PLACEMENTS LIMITED (REGISTERED NUMBER: 09691765)

NOTES TO THE ABBREVIATED ACCOUNTS
for the period 17 July 2015 to 31 July 2016

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial
Reporting Standard for Smaller Entities (effective January 2015).

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 33% on cost and 25% on reducing balance

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

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.

Operating lease
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the
lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
Additions 20,000
At 31 July 2016 20,000
AMORTISATION
Amortisation for period 1,500
At 31 July 2016 1,500
NET BOOK VALUE

At 31 July 2016 18,500

Page 4 continued...
PURPLE PLACEMENTS LIMITED (REGISTERED NUMBER: 09691765)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the period 17 July 2015 to 31 July 2016

3. TANGIBLE FIXED ASSETS
Total
£   
COST
Additions 1,369
At 31 July 2016 1,369
DEPRECIATION
Charge for period 314
At 31 July 2016 314
NET BOOK VALUE
At 31 July 2016 1,055

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary 1 100

Page 5