For the year ended 28 February 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 06823313
PURE BROADBAND LIMITED
For the year ended 28 February 2016
1
Balance Sheet
2 to 3
Notes to the Abbreviated Financial Statements
Notes to the Abbreviated Financial Statements
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PURE BROADBAND LIMITED
For the year ended 28 February 2016
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
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Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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Rentals payable under operating leases are charged against income on a straight line basis over the
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lease term
.
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Proposed dividends are only included as liabilities in the financial statements when their payment has
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been approved by the shareholders prior to the balance sheet date
.
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Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
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Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
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Plant and Machinery
Fixtures and Fittings
2 of 3
Notes to the Abbreviated Financial Statements
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PURE BROADBAND LIMITED
For the year ended 28 February 2016
2
Intangible fixed assets
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81,405
81,405
8,141
Charge for year
8,141
73,264
180,326
55,665
235,991
61,185
58,998
Charge for year
120,183
115,808
119,141
Allotted called up and fully paid
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2016
2015
1
,
000
Ordinary shares of £
1
.
00
each
|
1,000
1,000
1,000
1,000
3 of 3