PLATINUM VEHICLE RENTALS LTD

Company Registration Number:
13469891 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

PLATINUM VEHICLE RENTALS LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

PLATINUM VEHICLE RENTALS LTD

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Called up share capital not paid: 100 100
Fixed assets
Tangible assets: 3 578,392 683,800
Investments: 4 880,975 216,438
Total fixed assets: 1,459,367 900,238
Current assets
Stocks: 1,286,400 236,543
Debtors:   32,893 67,673
Cash at bank and in hand: 72,893 39,287
Investments:   238,775
Total current assets: 1,630,961 343,503
Creditors: amounts falling due within one year:   (44,837) (33,102)
Net current assets (liabilities): 1,586,124 310,401
Total assets less current liabilities: 3,045,591 1,210,739
Creditors: amounts falling due after more than one year:   (65,029) (11,356)
Provision for liabilities: (1,000,000)
Total net assets (liabilities): 1,980,562 1,199,383
Capital and reserves
Called up share capital: 10,000 100
Share premium account: 550,000 550,000
Revaluation reserve:5433,0950
Other reserves: 320,000
Profit and loss account: 667,467 649,283
Shareholders funds: 1,980,562 1,199,383

The notes form part of these financial statements

PLATINUM VEHICLE RENTALS LTD

Balance sheet statements

For the year ending 30 June 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 October 2023
and signed on behalf of the board by:

Name: C McDONAGH
Status: Director

The notes form part of these financial statements

PLATINUM VEHICLE RENTALS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

PLATINUM VEHICLE RENTALS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 13 8

PLATINUM VEHICLE RENTALS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible Assets

Total
Cost £
At 01 July 2022 683,800
Transfers (105,408)
At 30 June 2023 578,392
Net book value
At 30 June 2023 578,392
At 30 June 2022 683,800

PLATINUM VEHICLE RENTALS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Fixed investments

Fixed Investments currently stand at £1,459,267.

PLATINUM VEHICLE RENTALS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Revaluation reserve

2023
£
Balance at 01 July 2022 0
Surplus or deficit after revaluation 433,095
Balance at 30 June 2023 433,095