1 March 2023 false No description of principal activity Taxfiler 2024.7.1 10611119business:PrivateLimitedCompanyLtd2023-03-012024-02-28 106111192023-02-28 106111192023-03-012024-02-28 10611119business:AuditExemptWithAccountantsReport2023-03-012024-02-28 10611119business:FilletedAccounts2023-03-012024-02-28 106111192024-02-28 10611119business:Director12023-03-012024-02-28 10611119business:RegisteredOffice2023-03-012024-02-28 106111192023-02-28 10611119core:WithinOneYear2024-02-28 10611119core:WithinOneYear2023-02-28 10611119core:AfterOneYear2024-02-28 10611119core:AfterOneYear2023-02-28 10611119core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 10611119core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 10611119core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 10611119core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 10611119core:PreviouslyStatedAmount2024-02-28 10611119core:PreviouslyStatedAmount2023-02-28 10611119business:SmallEntities2023-03-012024-02-28 10611119countries:EnglandWales2023-03-012024-02-28 10611119core:MotorVehicles2023-03-012024-02-28 10611119core:MotorVehicles2023-02-28 10611119core:MotorVehicles2024-02-28 106111192022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 10611119 (England and Wales)
PLATINUM CAR HIRE (LEEDS) LTD Unaudited accounts for the period from 1 March 2023 to 28 February 2024
PLATINUM CAR HIRE (LEEDS) LTD Unaudited accounts Contents
Page
- 2 -
PLATINUM CAR HIRE (LEEDS) LTD Company Information for the period from 1 March 2023 to 28 February 2024
Director
H AKthar
Company Number
10611119 (England and Wales)
Registered Office
2 MEANWOOD CLOSE LEEDS LS7 2JL ENGLAND
Accountants
HLA Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY
- 3 -
PLATINUM CAR HIRE (LEEDS) LTD Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
63,040 
- 
Current assets
Debtors
4,320 
100 
Cash at bank and in hand
34,631 
71,639 
38,951 
71,739 
Creditors: amounts falling due within one year
(53,098)
(20,367)
Net current (liabilities)/assets
(14,147)
51,372 
Total assets less current liabilities
48,893 
51,372 
Creditors: amounts falling due after more than one year
(51,250)
(51,250)
Net (liabilities)/assets
(2,357)
122 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(2,457)
22 
Shareholders' funds
(2,357)
122 
For the period ending 28 February 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 28 February 2025 and were signed on its behalf by
H AKthar Director Company Registration No. 10611119
- 4 -
PLATINUM CAR HIRE (LEEDS) LTD Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
PLATINUM CAR HIRE (LEEDS) LTD is a private company, limited by shares, registered in England and Wales, registration number 10611119. The registered office is 2 MEANWOOD CLOSE, LEEDS, LS7 2JL, 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 period, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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:
Motor vehicles
25% Reducing balance basis
- 5 -
PLATINUM CAR HIRE (LEEDS) LTD Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 March 2023
- 
Additions
78,800 
At 28 February 2024
78,800 
Depreciation
Charge for the period
15,760 
At 28 February 2024
15,760 
Net book value
At 28 February 2024
63,040 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
4,220 
- 
Other debtors
100 
100 
4,320 
100 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
2,498 
2,498 
Other creditors
48,300 
17,369 
Accruals
2,300 
500 
53,098 
20,367 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
51,250 
51,250 
8
Average number of employees
During the period the average number of employees was 1 (2023: 1).
- 6 -