REGISTERED NUMBER: 07094866 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2020

for

PuraLyfe Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N Morton

REGISTERED OFFICE:

Ground Floor

Rear Barn

The Brookdale Centre

Knutsford

Cheshire

WA16 0SR

REGISTERED NUMBER:

07094866 (England and Wales)

ACCOUNTANTS:

EBA Chartered Accountants

Ground Floor

Rear Barn

The Brookdale Centre

Knutsford

Cheshire

WA16 0SR

FIXED ASSETS

Tangible assets

4

4,993

6,335

CURRENT ASSETS

Debtors

5

3,829

12,068

Cash at bank

10,738

267

14,567

12,335

CREDITORS

Amounts falling due within one year

6

6,854

3,889

NET CURRENT ASSETS

7,713

8,446

TOTAL ASSETS LESS CURRENT LIABILITIES

12,706

14,781

CREDITORS

Amounts falling due after more than one year

7

(11,714

)

-

PROVISIONS FOR LIABILITIES

(305

)

(407

)

NET ASSETS

687

14,374

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

587

14,274

687

14,374

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2020 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.

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 24 June 2021 and were signed by:

N Morton - Director

1.	STATUTORY INFORMATION

PuraLyfe Limited 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.

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.

Land and buildings

-

10% on cost

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 October 2019

and 30 September 2020

8,039

22,056

30,095

DEPRECIATION

At 1 October 2019

3,853

19,907

23,760

Charge for year

804

538

1,342

At 30 September 2020

4,657

20,445

25,102

NET BOOK VALUE

At 30 September 2020

3,382

1,611

4,993

At 30 September 2019

4,186

2,149

6,335

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.20

30.9.19

£

£

Trade debtors

3,809

-

Amounts owed by group undertakings

-

12,048

Other debtors

20

20

3,829

12,068

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.20

30.9.19

£

£

Bank loans and overdrafts

786

570

Taxation and social security

2,803

2,234

Other creditors

3,265

1,085

6,854

3,889

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.20

30.9.19

£

£

Bank loans

11,714

-

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by N Morton by virtue of his 100% shareholding.