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COMPANY REGISTRATION NUMBER: 08588362
Platinum Race Technologies Limited
Unaudited Financial Statements
30 September 2024
Platinum Race Technologies Limited
Financial Statements
Year ended 30 September 2024
Contents
Pages
Officers and professional advisers
1
Chartered accountants report to the director on the preparation of the unaudited statutory financial statements
2
Statement of financial position and the notes to the financial statements
3
Platinum Race Technologies Limited
Officers and Professional Advisers
Director
Mr M S Jones
Registered office
Ryton Cottage
Ryton
Shifnal
Shropshire
TF11 9JL
Accountants
Muras Baker Jones Limited
Chartered Accountants
Regent House
Bath Avenue
Wolverhampton
West Midlands
WV1 4EG
Platinum Race Technologies Limited
Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Platinum Race Technologies Limited
Year ended 30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Platinum Race Technologies Limited for the year ended 30 September 2024, which comprise the statement of financial position and the notes to the financial statements from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the director of Platinum Race Technologies Limited. Our work has been undertaken solely to prepare for your approval the financial statements of Platinum Race Technologies Limited and state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Platinum Race Technologies Limited and its director for our work or for this report.
It is your duty to ensure that Platinum Race Technologies Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Platinum Race Technologies Limited. You consider that Platinum Race Technologies Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Platinum Race Technologies Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Muras Baker Jones Limited Chartered Accountants
Regent House Bath Avenue Wolverhampton West Midlands WV1 4EG
11 April 2025
Platinum Race Technologies Limited
Statement of Financial Position
30 September 2024
2024
2023
£
£
£
Creditors: amounts falling due within one year
58,815
58,815
--------
--------
Net current liabilities
58,815
58,815
--------
--------
Total assets less current liabilities
( 58,815)
( 58,815)
--------
--------
Capital and reserves
( 58,815)
( 58,815)
--------
--------
Notes to the financial statements
1. Transactions with directors
Included in creditors are directors balances of £45,208 (2023 £45,208) due to Mr M Jones.
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions.
These financial statements were approved by the board of directors and authorised for issue on 11 April 2025 , and are signed on behalf of the board by:
Mr M S Jones
Director
Company registration number: 08588362
The company is a private company limited by shares, registered in England and Wales.