1 February 2023 false No description of principal activity Taxfiler 2024.5 12397429business:PrivateLimitedCompanyLtd2023-02-012024-01-31 123974292023-01-31 123974292023-02-012024-01-31 12397429business:AuditExemptWithAccountantsReport2023-02-012024-01-31 12397429business:FilletedAccounts2023-02-012024-01-31 123974292024-01-31 12397429business:Director12023-02-012024-01-31 12397429business:RegisteredOffice2023-02-012024-01-31 123974292023-01-31 12397429core:WithinOneYear2024-01-31 12397429core:WithinOneYear2023-01-31 12397429core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 12397429core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 12397429core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 12397429core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 12397429core:PreviouslyStatedAmount2024-01-31 12397429core:PreviouslyStatedAmount2023-01-31 12397429business:SmallEntities2023-02-012024-01-31 12397429countries:EnglandWales2023-02-012024-01-31 12397429core:MotorVehicles2023-02-012024-01-31 12397429core:ComputerEquipment2023-02-012024-01-31 12397429core:MotorVehicles2023-01-31 12397429core:ComputerEquipment2023-01-31 12397429core:MotorVehicles2024-01-31 12397429core:ComputerEquipment2024-01-31 123974292022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. 12397429 (England and Wales)
PLATINUM BUILD SOUTH WEST LTD Unaudited accounts for the year ended 31 January 2024
PLATINUM BUILD SOUTH WEST LTD Unaudited accounts Contents
Page
- 2 -
PLATINUM BUILD SOUTH WEST LTD Company Information for the year ended 31 January 2024
Director
R Chalker
Company Number
12397429 (England and Wales)
Registered Office
16 HIGH STREET SIXPENNY HANDLEY SALISBURY SP5 5NR ENGLAND
Accountants
N L Accounting (South West) Ltd Unit 7, Town Farm Workshops Sixpenny Handley Salisbury Wiltshire SP5 5PA
- 3 -
PLATINUM BUILD SOUTH WEST LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
25,900 
32,380 
Current assets
Inventories
49,500 
39,000 
Debtors
(5,410)
28,244 
Cash at bank and in hand
(6,397)
21,566 
37,693 
88,810 
Creditors: amounts falling due within one year
(60,853)
(96,759)
Net current liabilities
(23,160)
(7,949)
Net assets
2,740 
24,431 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
2,640 
24,331 
Shareholders' funds
2,740 
24,431 
For the year ending 31 January 2024 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 28 October 2024 and were signed on its behalf by
R Chalker Director Company Registration No. 12397429
- 4 -
PLATINUM BUILD SOUTH WEST LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
PLATINUM BUILD SOUTH WEST LTD is a private company, limited by shares, registered in England and Wales, registration number 12397429. The registered office is 16 HIGH STREET, SIXPENNY HANDLEY, SALISBURY, SP5 5NR, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
20% on cost
Computer equipment
20% on cost
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
48,735 
441 
49,176 
At 31 January 2024
48,735 
441 
49,176 
Depreciation
At 1 February 2023
16,664 
132 
16,796 
Charge for the year
6,414 
66 
6,480 
At 31 January 2024
23,078 
198 
23,276 
Net book value
At 31 January 2024
25,657 
243 
25,900 
At 31 January 2023
32,071 
309 
32,380 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
(10,542)
25,065 
Other debtors
5,132 
3,179 
(5,410)
28,244 
- 5 -
PLATINUM BUILD SOUTH WEST LTD Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
30,693 
40,708 
VAT
12,700 
1,923 
Trade creditors
459 
6,531 
Taxes and social security
532 
532 
Other creditors
2,701 
- 
Loans from directors
13,018 
46,315 
Accruals
750 
750 
60,853 
96,759 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -