Company Registration Number 11680951 (England and Wales)
PLATINUM CARS LONDON LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
Star House
Star Hill
Rochester
Kent
ME1 1UX
PLATINUM CARS LONDON LIMITED
CONTENTS
Page
Company Information
1
Statement of financial position and notes to the financial statements
2 - 3
PLATINUM CARS LONDON LIMITED
COMPANY INFORMATION
- 1 -
Director
Mr S K Barber
Company number
11680951
Registered office
The Maidstone Studios
Vinters Business Park
New Cut Road
Maidstone
Kent
ME14 5NZ
Accountants
TC Group
Star House
Star Hill
Rochester
Kent
ME1 1UX
PLATINUM CARS LONDON LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024
31 March 2024
- 2 -
2024
2023
£
£
£
£
Fixed assets
248,472
278,425
Current assets
5,405
19,194
Creditors: amounts falling due within one year
(156,350)
(145,112)
Net current liabilities
(150,945)
(125,918)
Total assets less current liabilities
97,527
152,507
Creditors: amounts falling due after more than one year
(218,377)
(260,887)
Net liabilities
(120,850)
(108,380)
Capital and reserves
(120,850)
(108,380)
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees

During the year, the following transactions took place with the director:

 

Advances to the director of £14,040 (2023 - £2,040)

Repayments to the director of £29,088 (2023 - £12,330)

 

As at 31 March 2024 £1,576 (2023 - £13,472 was due to) was due from the director.

 

The loans were interest free and are repayable on demand.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
1
1

Platinum Cars London Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Maidstone Studios, Vinters Business Park, New Cut Road, Maidstone, Kent, ME14 5NZ.

For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

PLATINUM CARS LONDON LIMITED
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024
31 March 2024
- 3 -

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 23 January 2025 and are signed on its behalf by:
Mr S K Barber
Director
Company registration number 11680951 (England and Wales)
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