Company Registration No. 8771685 (England and Wales)
Purecomm (UK) Limited
Unaudited accounts
for the year ended 31 March 2017
Purecomm (UK) Limited
Unaudited accounts
Contents
Purecomm (UK) Limited
Company Information
for the year ended 31 March 2017
Directors
Charles Richard Bodycote
John Mark Cooper
Shek Yau John Lau
Mark Wilson Parker
David Manston
Secretary
Charles Richard Bodycote
Company Number
8771685 (England and Wales)
Registered Office
Stirling House
Denny End Road
Waterbeach
Cambridge
CB25 9PB
Accountants
JSVM Limited
Certified Public Accountants
23a Dawkins Road
Poole
Dorset
BH15 4JY
Purecomm (UK) Limited
Statement of financial position
as at
31 March 2017
Intangible assets
501
757
Investments
365,654
365,654
Cash at bank and in hand
879
4,854
Creditors: amounts falling due within one year
(39,830)
(14,336)
Net current assets
367,086
366,761
Net assets
733,241
733,770
Called up share capital
460
423
Share premium
1,128,306
1,107,331
Profit and loss account
(395,525)
(373,984)
Shareholders' funds
733,241
733,770
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 directors acknowledge their 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. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 22 December 2017.
Charles Richard Bodycote
Director
Company Registration No. 8771685
Purecomm (UK) Limited
Notes to the Accounts
for the year ended 31 March 2017
Purecomm (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 8771685. The registered office is Stirling House, Denny End Road, Waterbeach, Cambridge, CB25 9PB.
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.
The accounts are presented in £ sterling.
Turnover represents the vat-exclusive value of services provided to customers.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
2 Years Straight Line
Intangible fixed assets are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Amortisation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Trade Marks 5 years Straight Line
Domain Names 5 years Straight Line
Research and product development
Expenditure on research and product development is written off in the year in which it is incurred.
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Purecomm (UK) Limited
Notes to the Accounts
for the year ended 31 March 2017
Shares in Group undertakings are stated at cost less any provision for impairment.
These Financial Statements present the results of the Company only, and not the consolidated results of the Group.
4
Intangible fixed assets
Other
5
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
6
Investments
Other investments
Valuation at 1 April 2016
365,654
Valuation at 31 March 2017
365,654
Purecomm (UK) Limited
Notes to the Accounts
for the year ended 31 March 2017
Amounts due from group undertakings etc.
394,922
376,112
Accrued income and prepayments
8,871
-
8
Creditors: amounts falling due within one year
2017
2016
Trade creditors
17,820
2,339
Other creditors
22,010
11,997
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Share capital
2017
2016
Allotted, called up and fully paid:
460,175 Ordinary shares of £0.001 each
460.17
423.18
Shares issued during the period:
36,995 Ordinary shares of £0.001 each
36.99
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Average number of employees
During the year the average number of employees was 5 (2016: 5).