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Registered number: 13049120

Platinum Grade Limited

UNAUDITED ACCOUNTS
FOR THE 369 DAY PERIOD ENDED 30 NOVEMBER 2021

Prepared By:
Lever Bros & Co
Chartered Accountants
The Station Masters' House
168 Thorbury Road
Isleworth
TW7 4QE

Platinum Grade Limited

ACCOUNTS
FOR THE 369 DAY PERIOD ENDED 30 NOVEMBER 2021
DIRECTORS
J Warriner
R J Heavens
REGISTERED OFFICE
The Station Masters House
168 Thornbury Road
Isleworth
TW7 4QE
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 13049120
ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
The Station Masters' House
168 Thorbury Road
Isleworth
TW7 4QE

Platinum Grade Limited

ACCOUNTS
FOR THE369 DAY PERIODENDED30 NOVEMBER 2021
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Platinum Grade Limited

BALANCE SHEET AT 30 November 2021
2021
Notes£
FIXED ASSETS
Tangible assets31,725
CURRENT ASSETS
Stock3,750
Debtors518,097
Cash at bank and in hand4,594
26,441
CREDITORS: Amounts falling due within one year614,814
NET CURRENT ASSETS11,627
TOTAL ASSETS LESS CURRENT LIABILITIES13,352
CAPITAL AND RESERVES
Called up share capital72
Profit and loss account13,350
SHAREHOLDERS' FUNDS13,352
For the year ending 30 November 2021 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 26 August 2022 and signed on their behalf by
.............................
J Warriner
Director

Platinum Grade Limited

NOTES TO THE ACCOUNTS
FOR THE 369 DAY PERIOD ENDED 30 NOVEMBER 2021
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Statutory Information
Platinum Grade Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 13049120 and registered office address is The Station Masters House, 168 Thornbury Road, Isleworth, England, TW7 4QE.
1e. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments.

Platinum Grade Limited

2. EMPLOYEES
2021
No.No.
Average number of employees-
3. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
Additions2,3002,300
At 30 November 20212,3002,300
Depreciation
For the 369 day period575575
At 30 November 2021575575
Net Book Amounts
At 30 November 20211,7251,725
4. STOCK 2021
£
Stock comprises:
Stock250
Work in progress3,500
3,750
5. DEBTORS 2021
£
Amounts falling due within one year
Trade debtors18,097
18,097

Platinum Grade Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021
£
Taxation and social security3,196
Directors current account4,568
Trade creditors6,300
Accruals750
14,814
7. SHARE CAPITAL 2021
£
Allotted, issued and fully paid:
2 Ordinary shares of £1 each2
2
New shares issued during period:
2 Ordinary shares of £1 each2
2