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Company Registration No. 06421424 (England and Wales)
PLATINUM SOFTWARE SERVICES LTD. Unaudited accounts for the year ended 31 March 2024
PLATINUM SOFTWARE SERVICES LTD. Unaudited accounts Contents
Page
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PLATINUM SOFTWARE SERVICES LTD. Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
601,804 
601,804 
Current assets
Debtors
5,000 
5,000 
Cash at bank and in hand
38,975 
6,198 
43,975 
11,198 
Creditors: amounts falling due within one year
(520,093)
(512,937)
Net current liabilities
(476,118)
(501,739)
Net assets
125,686 
100,065 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
125,586 
99,965 
Shareholders' funds
125,686 
100,065 
For the year ending 31 March 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 2 October 2024 and were signed on its behalf by
Mr Mohammad Afsar Imam Director Company Registration No. 06421424
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PLATINUM SOFTWARE SERVICES LTD. Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
PLATINUM SOFTWARE SERVICES LTD. is a private company, limited by shares, registered in England and Wales, registration number 06421424. The registered office is 6 Crawford Close, Earley, Reading, RG6 7PE, 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:
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
601,804 
355 
602,159 
At 31 March 2024
601,804 
355 
602,159 
Depreciation
At 1 April 2023
- 
355 
355 
At 31 March 2024
- 
355 
355 
Net book value
At 31 March 2024
601,804 
- 
601,804 
At 31 March 2023
601,804 
- 
601,804 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
5,000 
5,000 
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PLATINUM SOFTWARE SERVICES LTD. Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
240 
- 
Taxes and social security
5,088 
13 
Other creditors
514,505 
512,664 
Accruals
260 
260 
520,093 
512,937 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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