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
PLATINUM SOFTWARE SERVICES LTD.
Statement of financial position
as at 31 March 2024
Tangible assets
601,804
601,804
Cash at bank and in hand
38,975
6,198
Creditors: amounts falling due within one year
(520,093)
(512,937)
Net current liabilities
(476,118)
(501,739)
Net assets
125,686
100,065
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
PLATINUM SOFTWARE SERVICES LTD.
Notes to the Accounts
for the year ended 31 March 2024
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.
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:
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
At 31 March 2024
-
355
355
At 31 March 2024
601,804
-
601,804
At 31 March 2023
601,804
-
601,804
Amounts falling due within one year
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
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).