Company Registration No. 04523978 (England and Wales)
The Platonic Fireplace Company Limited
Unaudited accounts
for the year ended 31 May 2023
The Platonic Fireplace Company Limited
Unaudited accounts
Contents
The Platonic Fireplace Company Limited
Company Information
for the year ended 31 May 2023
Directors
G Spriggs
H W C Harrison
Company Number
04523978 (England and Wales)
Registered Office
THE PLATONIC FIREPLACE COMPANY PHOENIX W
EEL PIE ISLAND
TWICKENHAM
TW1 3DY
ENGLAND
Accountants
Wellden Turnbull Limited
Albany House
Claremont Lane
Esher
Surrey
KT10 9FQ
The Platonic Fireplace Company Limited
Statement of financial position
as at 31 May 2023
Tangible assets
4,783
5,695
Cash at bank and in hand
71,400
108,724
Creditors: amounts falling due within one year
(34,314)
(41,124)
Net current assets
52,710
86,299
Called up share capital
1
1
Profit and loss account
57,492
91,993
Shareholders' funds
57,493
91,994
For the year ending 31 May 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 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 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 of Directors and authorised for issue on 19 April 2024 and were signed on its behalf by
H W C Harrison
Director
Company Registration No. 04523978
The Platonic Fireplace Company Limited
Notes to the Accounts
for the year ended 31 May 2023
The Platonic Fireplace Company Limited is a private company, limited by shares, registered in England and Wales, registration number 04523978. The registered office is THE PLATONIC FIREPLACE COMPANY PHOENIX W, EEL PIE ISLAND, TWICKENHAM, TW1 3DY, ENGLAND.
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:
Plant & machinery
40% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
10% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2022
22,744
9,543
51,168
2,740
86,195
At 31 May 2023
22,744
9,543
51,168
2,740
86,195
At 1 June 2022
22,740
9,543
46,336
1,881
80,500
Charge for the year
1
-
825
86
912
At 31 May 2023
22,741
9,543
47,161
1,967
81,412
At 31 May 2023
3
-
4,007
773
4,783
At 31 May 2022
4
-
4,832
859
5,695
The Platonic Fireplace Company Limited
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,436
4,131
Taxes and social security
932
-
Other creditors
1,980
3,995
Loans from directors
28,916
25,877
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).