Company Registration No. 07592349 (England and Wales)
Pure Blue Vision Limited
Unaudited accounts
for the year ended 31 March 2017
Pure Blue Vision Limited
Unaudited accounts
Contents
Pure Blue Vision Limited
Company Information
for the year ended 31 March 2017
Company Number
07592349 (England and Wales)
Registered Office
Lumley House
Hough Green
Chester
CH4 8JG
England
Accountants
SJM Accounting Services
51 Wilmslow Road
Cheadle
Stockport
Cheshire
SK8 1HG
Pure Blue Vision Limited
Statement of financial position
as at
31 March 2017
Cash at bank and in hand
56,291
31,816
Creditors: amounts falling due within one year
(23,853)
(133)
Net current assets
37,888
35,014
Total assets less current liabilities
37,888
35,265
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
37,788
35,115
Shareholders' funds
37,888
35,215
For the year ending 31 March 2017 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 22 May 2017.
MSC Fuller
Director
Company Registration No. 07592349
Pure Blue Vision Limited
Notes to the Accounts
for the year ended 31 March 2017
Pure Blue Vision Limited is a private company, limited by shares, registered in England and Wales, registration number 07592349. The registered office and principal place of business is Lumley House, Hough Green, Chester, CH4 8JG, England.
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.
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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 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:
Computer equipment
33% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the beenefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Pure Blue Vision Limited
Notes to the Accounts
for the year ended 31 March 2017
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
Trade debtors
5,450
3,331
6
Creditors: amounts falling due within one year
2017
2016
Corporation tax
6,202
(6,658)
Other taxes and social security costs
3,612
2,213
Loans from directors
13,409
3,948
7
Share capital
2017
2016
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 1 (2016: 1).