PLATINUM CIS LTD

	Page
Company Information	1
Director's Report	2—3
Accountant's Report	4
Profit and Loss Account	5
Balance Sheet	6—7
Statement of Changes in Equity	8
Notes to the Financial Statements	9—12

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PLATINUM CIS LTD

Company No. 6566351

Director's Report For The Year Ended 31 March 2025

Director's Report

The director presents her report and the financial statements for the year ended 31 March 2025.

Principal Activity

The company's principal activity continues to be that of payroll in the construction industry and accountancy services.

Dividends

The director recommended an interim dividend of £10,500 .

Directors

The director who held office during the year was as follows:

Mrs Deborah Heslington

Statement of Director's Responsibilities

The director is responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year.

Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing the financial statements the director is required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. She is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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PLATINUM CIS LTD

Director's Report (continued)

For The Year Ended 31 March 2025

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website.

Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

On behalf of the board

Mrs Deborah Heslington

Director

02/05/2025

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PLATINUM CIS LTD

Accountant's Report

For The Year Ended 31 March 2025

Accountant's Report

In order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.

This report is made to the director in accordance with the terms of our engagement.

Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.

You have acknowledged on the balance sheet as at year ended 31 March 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006.

You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. 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 financial statements.

C McCullough

02/05/2025

Platinum CIS Ltd

Apartment 1

The Firs, High Street

Whitchurch

Bucks

HP22 4JU

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PLATINUM CIS LTD

Profit and Loss Account

For The Year Ended 31 March 2025

Profit and Loss Account

		2025	2024
	Notes	£	£
TURNOVER		50,964	49,058

GROSS PROFIT		50,964	49,058

Administrative expenses		(58,068 )	(42,314 )

OPERATING (LOSS)/PROFIT	3	(7,104 )	6,744
Other interest receivable and similar income		33	41
Interest payable and similar charges	7	(2,202 )	(138 )

(LOSS)/PROFIT BEFORE TAXATION		(9,273 )	6,647
Tax on (Loss)/profit	8	-	(1,074 )

(LOSS)/PROFIT AFTER TAXATION BEING (LOSS)/PROFIT FOR THE FINANCIAL YEAR		(9,273 )	5,573

The notes on pages 9 to 12 form part of these financial statements.

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PLATINUM CIS LTD

Balance Sheet

As At 31 March 2025

Balance Sheet

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	9		33,847		2,053

			33,847		2,053
CURRENT ASSETS
Debtors		1,699		4,764
Cash at bank and in hand		825		3,656

		2,524		8,420
Creditors: Amounts Falling Due Within One Year		(37,216 )		(8,847 )

NET CURRENT ASSETS (LIABILITIES)			(34,692 )		(427 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(845 )		1,626

Creditors: Amounts Falling Due After More Than One Year	10		(17,302 )		-

NET (LIABILITIES)/ASSETS			(18,147 )		1,626

CAPITAL AND RESERVES
Called up share capital	11		102		102
Profit and Loss Account			(18,249 )		1,524

SHAREHOLDERS' FUNDS			(18,147)		1,626

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PLATINUM CIS LTD

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mrs Deborah Heslington

Director

02/05/2025

The notes on pages 9 to 12 form part of these financial statements.

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PLATINUM CIS LTD

Statement of Changes in Equity

For The Year Ended 31 March 2025

Statement of Changes in Equity

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 April 2023	102	7,601	7,703
Profit for the year and total comprehensive income	-	5,573	5,573

Dividends paid	-	(11,650)	(11,650)

As at 31 March 2024 and 1 April 2024	102	1,524	1,626


Loss for the year and total comprehensive income	-	(9,273 )	(9,273)

Dividends paid	-	(10,500)	(10,500)

As at 31 March 2025	102	(18,249 )	(18,147)

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PLATINUM CIS LTD

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

PLATINUM CIS LTD is a private company, limited by shares,

incorporated in England & Wales, registered number 6566351 .

The registered office is

Apartment 1, The Firs, High Street, Whitchurch, Bucks, HP22 4JU.

2. Accounting Policies

2.1. 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.

2.2. 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.

2.3. 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:

Leasehold	5 Years
Plant & Machinery	4 Years
Motor Vehicles	4 Years
Fixtures & Fittings	4 Years
Computer Equipment	2 Years

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PLATINUM CIS LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.5. Pensions

The company operates a defined pension contribution scheme.

Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Operating (Loss)/profit

The operating (loss)/profit is stated after charging:

	2025	2024
	£	£
Bad debts	-	1,352
Depreciation of tangible fixed assets	7,107	1,514

4. Staff Costs

Staff costs, including directors' remuneration, were as follows:

	2025	2024
	£	£
Wages and salaries	3,215	1,376
Social security costs	128	-
Other pension costs	-	160

	3,343	1,536

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PLATINUM CIS LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	2	1

	2	1

6. Director's remuneration

	2025	2024
	£	£
Emoluments	2,500	-
Company contributions to money purchase pension schemes	-	160

	2,500	160

8. Tax on Profit

	Tax Rate		2025	2024
	2025	2024	£	£
Current tax
UK Corporation Tax	25.0%	19.0%	-	1,074


Total tax charge for the period			-	1,074


			2025	2024
			£	£
Profit before tax			(9,273)	6,647

Breakdown of tax charge is:
Tax on profit at 25% (UK standard rate)			-	1,074
Total tax charge for the period			-	1,074

9. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	-	580	1,615	2,025	4,220
Additions	38,900	-	-	-	38,900

As at 31 March 2025	38,900	580	1,615	2,025	43,120

...CONTINUED

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PLATINUM CIS LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024	-	507	764	896	2,167
Provided during the period	5,835	73	69	1,129	7,106

As at 31 March 2025	5,835	580	833	2,025	9,273

Net Book Value
As at 31 March 2025	33,065	-	782	-	33,847

As at 1 April 2024	-	73	851	1,129	2,053

10. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	17,302	-

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	102	102

12. Ultimate Controlling Party

The company's ultimate controlling party is the director by virtue of her ownership of 100% of the issued share capital in the company.

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Director	Mrs Deborah Heslington

Company Number	6566351

Registered Office	Apartment 1, The Firs
	High Street
	Whitchurch
	Bucks
	HP22 4JU

Accountants	Platinum CIS Ltd
	Apartment 1
	The Firs, High Street
	Whitchurch
	Bucks
	HP22 4JU