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REGISTERED NUMBER: SC618504 (Scotland)




















Platform Property Investments Limited

Unaudited Financial Statements

for the Year Ended 31 January 2023






Platform Property Investments Limited (Registered number: SC618504)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Platform Property Investments Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: R J R Wright
Mrs N Wright



REGISTERED OFFICE: 9 Ainslie Place
Edinburgh
EH3 6AT



REGISTERED NUMBER: SC618504 (Scotland)



ACCOUNTANTS: Whitelaw Wells
9 Ainslie Place
Edinburgh
Midlothian
EH3 6AT



BANKERS: Barclays Bank UK Plc
Edinburgh branch
Leicester
Leicestershire
LE87 2BB

Platform Property Investments Limited (Registered number: SC618504)

Balance Sheet
31 January 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 49,937 2,757
Cash at bank 3,135 57,294
53,072 60,051
CREDITORS
Amounts falling due within one year 5 8,427 7,407
NET CURRENT ASSETS 44,645 52,644
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,645

52,644

CREDITORS
Amounts falling due after more than
one year

6

20,800

27,200
NET ASSETS 23,845 25,444

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 23,835 25,434
23,845 25,444

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Platform Property Investments Limited (Registered number: SC618504)

Balance Sheet - continued
31 January 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2023 and were signed on its behalf by:





R J R Wright - Director


Platform Property Investments Limited (Registered number: SC618504)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Platform Property Investments Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents net invoiced provision of shop and office refurbishing, excluding value added tax.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

All loans with related parties are all repayable on demand.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,315 1,315
Other debtors 48,622 1,442
49,937 2,757

Platform Property Investments Limited (Registered number: SC618504)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

Included in other debtors is a loan of £47,000 owed from a related party company.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 6,400 4,800
Trade creditors 1,093 1,603
Other creditors 934 1,004
8,427 7,407

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 20,800 27,200

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 1,600