Company Registration No. 11078031 (England and Wales)
PLATINUM TEAM LTD
Unaudited accounts
for the year ended 30 November 2023
PLATINUM TEAM LTD
Company Information
for the year ended 30 November 2023
Director
Stefan Eusebiu Burghelea
Company Number
11078031 (England and Wales)
Registered Office
261 SOUTH STREET
ROMFORD
RM1 2BE
United Kingdom
PLATINUM TEAM LTD
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
423
772
Creditors: amounts falling due within one year
(6,723)
(5,179)
Net current assets
58,858
68,580
Total assets less current liabilities
71,863
68,580
Creditors: amounts falling due after more than one year
(15,000)
(21,000)
Called up share capital
1
1
Profit and loss account
56,862
47,579
Shareholders' funds
56,863
47,580
For the year ending 30 November 2023 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 director acknowledges his 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.
The financial statements were approved by the Board and authorised for issue on 26 February 2024 and were signed on its behalf by
Stefan Eusebiu Burghelea
Director
Company Registration No. 11078031
PLATINUM TEAM LTD
Notes to the Accounts
for the year ended 30 November 2023
PLATINUM TEAM LTD is a private company, limited by shares, registered in England and Wales, registration number 11078031. The registered office is 261 SOUTH STREET, ROMFORD, RM1 2BE, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
At 30 November 2023
15,300
At 30 November 2023
13,005
Amounts falling due within one year
Other debtors
65,158
72,987
PLATINUM TEAM LTD
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
6,723
5,179
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 2 (2022: 1).