Registered number: 13049120 | ||||||||
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 | ||||||||
REGISTERED OFFICE | ||||||||
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 Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
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 | ||||||||||
2021 | ||||||||||
Notes | £ | |||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
26,441 | ||||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | ||||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | 13,350 | |||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
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 | ||||||||
Plant and Machinery | reducing 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 | ||||
Machinery | Total | |||
£ | £ | |||
Cost | ||||
Additions | 2,300 | 2,300 | ||
At 30 November 2021 | 2,300 | 2,300 | ||
Depreciation | ||||
For the 369 day period | 575 | 575 | ||
At 30 November 2021 | 575 | 575 | ||
Net Book Amounts | ||||
At 30 November 2021 | 1,725 | |||
4. STOCK | 2021 | |||
£ | ||||
Stock comprises: | ||||
Stock | ||||
Work in progress | ||||
5. DEBTORS | 2021 | |||||||
£ | ||||||||
Amounts falling due within one year | ||||||||
Trade debtors | 18,097 | |||||||
18,097 | ||||||||
Platinum Grade Limited | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2021 | ||||||||
£ | ||||||||
Taxation and social security | 3,196 | |||||||
Directors current account | 4,568 | |||||||
Trade creditors | 6,300 | |||||||
Accruals | 750 | |||||||
14,814 | ||||||||
7. SHARE CAPITAL | 2021 | |||||||
£ | ||||||||
Allotted, issued and fully paid: | ||||||||
2 | ||||||||
2 | ||||||||
New shares issued during period: | ||||||||
2 | 2 | |||||||
2 | ||||||||