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Company Registration No. 15359968 (England and Wales)
Platinum Property Investments And Management Ltd Unaudited accounts for the year ended 31 December 2024
Platinum Property Investments And Management Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Platinum Property Investments And Management Ltd Company Information for the year ended 31 December 2024
Director
William J Morgan
Company Number
15359968 (England and Wales)
Registered Office
Platinum Car Sales Ltd Unit 1b Cyfarthfa Industrial Estate Merthyr Tydfil Mid Glamorgan CF47 8PE Wales
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Platinum Property Investments And Management Ltd Statement of financial position as at 31 December 2024
2024
Notes
£
Fixed assets
Tangible assets
4
(122,654)
Investment property
5
2,237,547
2,114,893
Current assets
Cash at bank and in hand
1,175
Net current assets
1,175
Total assets less current liabilities
2,116,068
Creditors: amounts falling due after more than one year
6
(2,134,140)
Net liabilities
(18,072)
Capital and reserves
Profit and loss account
(18,072)
Shareholders' funds
(18,072)
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 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 5 November 2025 and were signed on its behalf by
William J Morgan Director Company Registration No. 15359968
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Platinum Property Investments And Management Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Platinum Property Investments And Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 15359968. The registered office is Platinum Car Sales Ltd, Unit 1b, Cyfarthfa Industrial Estate, Merthyr Tydfil, Mid Glamorgan, CF47 8PE, Wales.
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 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost .
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 January 2024
-
-
-
Additions
(136,603)
13,949
(122,654)
At 31 December 2024
(136,603)
13,949
(122,654)
Depreciation
At 31 December 2024
-
-
-
Net book value
At 31 December 2024
(136,603)
13,949
(122,654)
5
Investment property
2024
£
Additions
2,237,547
At 31 December 2024
2,237,547
6
Creditors: amounts falling due after more than one year
2024
£
Bank loans
387,136
Loans from directors
1,747,004
2,134,140
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Platinum Property Investments And Management Ltd Notes to the Accounts for the year ended 31 December 2024
7
Average number of employees
During the year the average number of employees was 0.
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