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
PLATINUM BUILD SOUTH WEST LTD
Company Information
for the year ended 31 January 2024
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
PLATINUM BUILD SOUTH WEST LTD
Statement of financial position
as at 31 January 2024
Tangible assets
25,900
32,380
Cash at bank and in hand
(6,397)
21,566
Creditors: amounts falling due within one year
(60,853)
(96,759)
Net current liabilities
(23,160)
(7,949)
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
PLATINUM BUILD SOUTH WEST LTD
Notes to the Accounts
for the year ended 31 January 2024
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.
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:
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
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
At 31 January 2024
25,657
243
25,900
At 31 January 2023
32,071
309
32,380
Amounts falling due within one year
Trade debtors
(10,542)
25,065
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
Taxes and social security
532
532
Loans from directors
13,018
46,315
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Average number of employees
During the year the average number of employees was 1 (2023: 1).