Acorah Software Products - Accounts Production 16.1.300 false true false 8 June 2022 30 June 2023 30 June 2023 14159016 Mr Darryl Leahy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14159016 2022-06-07 14159016 2023-06-30 14159016 2022-06-08 2023-06-30 14159016 frs-core:CurrentFinancialInstruments 2023-06-30 14159016 frs-core:MotorVehicles 2023-06-30 14159016 frs-core:MotorVehicles 2022-06-08 2023-06-30 14159016 frs-core:MotorVehicles 2022-06-07 14159016 frs-core:PlantMachinery 2023-06-30 14159016 frs-core:PlantMachinery 2022-06-08 2023-06-30 14159016 frs-core:PlantMachinery 2022-06-07 14159016 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 14159016 frs-bus:CompanyLimitedByGuarantee 2022-06-08 2023-06-30 14159016 frs-bus:FilletedAccounts 2022-06-08 2023-06-30 14159016 frs-bus:SmallEntities 2022-06-08 2023-06-30 14159016 frs-bus:AuditExempt-NoAccountantsReport 2022-06-08 2023-06-30 14159016 frs-bus:SmallCompaniesRegimeForAccounts 2022-06-08 2023-06-30 14159016 frs-bus:Director1 2022-06-08 2023-06-30 14159016 frs-countries:EnglandWales 2022-06-08 2023-06-30
Registered number: 14159016
Platinum Plumbing & Drainage Ltd
Unaudited Financial Statements
For the Period 8 June 2022 to 30 June 2023
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 14159016
30 June 2023
Notes £ £
FIXED ASSETS
Tangible Assets 3 10,200
10,200
CURRENT ASSETS
Debtors 4 348
348
NET CURRENT ASSETS (LIABILITIES) 348
TOTAL ASSETS LESS CURRENT LIABILITIES 10,548
NET ASSETS 10,548
Income Statement 10,548
MEMBERS' FUNDS 10,548
For the period ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr Darryl Leahy
Director
14/06/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15%
Motor Vehicles 15%
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: NIL
-
3. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 8 June 2022 - - -
Additions 4,000 8,000 12,000
As at 30 June 2023 4,000 8,000 12,000
Depreciation
As at 8 June 2022 - - -
Provided during the period 600 1,200 1,800
As at 30 June 2023 600 1,200 1,800
Net Book Value
As at 30 June 2023 3,400 6,800 10,200
As at 8 June 2022 - - -
Page 2
Page 3
4. Debtors
30 June 2023
£
Due within one year
Director's loan account 348
348
5. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
6. General Information
Platinum Plumbing & Drainage Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 14159016 . The registered office is 84 Elder Avenue, Wickford, Essex, SS12 0LT.
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