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Company Registration No. 07086500 (England and Wales)
Platinum Strategies Limited Unaudited accounts for the year ended 31 December 2024
Platinum Strategies Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Platinum Strategies Limited Company Information for the year ended 31 December 2024
Director
Lynda Croome
Company Number
07086500 (England and Wales)
Registered Office
Unit 29 Loughborough Technology Centre Loughborough LE11 3GE United Kingdom
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Platinum Strategies Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
19,907 
29,710 
Current assets
Debtors
5
767 
767 
Cash at bank and in hand
16,866 
2,134 
17,633 
2,901 
Creditors: amounts falling due within one year
6
(11,889)
(7,727)
Net current assets/(liabilities)
5,744 
(4,826)
Total assets less current liabilities
25,651 
24,884 
Creditors: amounts falling due after more than one year
7
(15,264)
(23,027)
Provisions for liabilities
Deferred tax
(3,373)
(409)
Net assets
7,014 
1,448 
Capital and reserves
Called up share capital
99 
99 
Profit and loss account
6,915 
1,349 
Shareholders' funds
7,014 
1,448 
For the year ending 31 December 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 her 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 31 July 2025 and were signed on its behalf by
Lynda Croome Director Company Registration No. 07086500
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Platinum Strategies Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Platinum Strategies Limited is a private company, limited by shares, registered in England and Wales, registration number 07086500. The registered office is Unit 29, Loughborough Technology Centre, Loughborough, LE11 3GE, United Kingdom.
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
These financial statements for the year ended 31 December 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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% straightline
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
38,000 
1,146 
3,688 
42,834 
At 31 December 2024
38,000 
1,146 
3,688 
42,834 
Depreciation
At 1 January 2024
9,500 
874 
2,750 
13,124 
Charge for the year
9,500 
68 
235 
9,803 
At 31 December 2024
19,000 
942 
2,985 
22,927 
Net book value
At 31 December 2024
19,000 
204 
703 
19,907 
At 31 December 2023
28,500 
272 
938 
29,710 
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Platinum Strategies Limited Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
767 
767 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
7,715 
7,187 
Taxes and social security
3,890 
- 
Loans from directors
84 
- 
Accruals
200 
540 
11,889 
7,727 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
15,264 
23,027 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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