13049120falsedevelopment of building projects2022-12-012023-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/pt:PlantMachinery2022-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-11-30http://www.companieshouse.gov.uk/cd:Director12022-12-012023-11-30http://www.companieshouse.gov.uk/pt:PlantMachinery2023-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-12-012023-11-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-12-012023-11-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-12-012023-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-11-30http://www.companieshouse.gov.uk/2022-12-012023-11-30http://www.companieshouse.gov.uk/2022-11-30http://www.companieshouse.gov.uk/cd:FRS1022022-12-012023-11-30http://www.companieshouse.gov.uk/2023-11-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-12-012023-11-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-12-012023-11-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 13049120

Platinum Grade Limited

UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU

Platinum Grade Limited

ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
DIRECTORS
J Warriner
REGISTERED OFFICE
First Floor 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 13049120
ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU

Platinum Grade Limited

ACCOUNTS
FOR THEYEARENDED30 NOVEMBER 2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Platinum Grade Limited

BALANCE SHEET AT 30 November 2023
20232022
Notes££
FIXED ASSETS
Tangible assets327,60822,993
CURRENT ASSETS
Stock411,4004,010
Debtors5104,55381,078
Cash at bank and in hand3,0297,491
118,98292,579
CREDITORS: Amounts falling due within one year6135,61373,135
NET CURRENT (LIABILITIES) / ASSETS(16,631)19,444
TOTAL ASSETS LESS CURRENT LIABILITIES10,97742,437
CREDITORS: Amounts falling due after more than one year78,75512,594
NET ASSETS2,22229,843
CAPITAL AND RESERVES
Called up share capital822
Profit and loss account2,22029,841
SHAREHOLDERS' FUNDS2,22229,843
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 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 29 November 2024 and signed on their behalf by
.............................
J Warriner
Director

Platinum Grade Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 15-25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax.
1f. Statutory Information
Platinum Grade Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 13049120 and registered office address is First Floor 690 Great West Road, Osterley Village, Isleworth, England, TW7 4PU.

Platinum Grade Limited

1g. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments.
1h.
2. EMPLOYEES
20232022
No.No.
Average number of employees3-
3. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
At 1 December 202227,82927,829
Additions8,7268,726
At 30 November 202336,55536,555
Depreciation
At 1 December 20224,8364,836
For the year4,1114,111
At 30 November 20238,9478,947
Net Book Amounts
At 30 November 202327,60827,608
At 30 November 202222,99322,993
4. STOCK 20232022
££
Stock comprises:
Stock11,4004,010
11,4004,010

Platinum Grade Limited

5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors90,85981,078
Other debtors9,010-
Directors current account4,684-
104,55381,078
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Taxation and social security95,08537,617
Directors current account-4,074
Loans14,861-
Hire purchase3,8973,954
Trade creditors15,21211,634
Other creditors4,87515,106
Pension schemes146-
Accruals1,537750
135,61373,135
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Hire purchase >1yr8,75512,594
8,75512,594
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
2 Ordinary shares of £1.00 each22
22