REGISTERED NUMBER: 15923760 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 29 AUGUST 2024 TO 31 AUGUST 2025

FOR

THE PLATFORMS ASSOCIATION

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

7,370

CURRENT ASSETS

Debtors

5

87,779

Cash at bank

171,847

259,626

CREDITORS

Amounts falling due within one year

6

200,665

NET CURRENT ASSETS

58,961

TOTAL ASSETS LESS CURRENT LIABILITIES

66,331

PROVISIONS FOR LIABILITIES

1,843

NET ASSETS

64,488

RESERVES

Income and expenditure account

64,488

64,488

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2026 and were signed on its behalf by:

Mr K R Phillips - Director

1.	STATUTORY INFORMATION

The Platforms Association is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

15923760

Registered office:

Spitfire House

19 Falcon Court

Preston Farm Industrial Estate

Stockton-on-Tees

TS18 3TU

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 15 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

7,980

At 31 August 2025

7,980

DEPRECIATION

Charge for period

610

At 31 August 2025

610

NET BOOK VALUE

At 31 August 2025

7,370

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

30,000

Other debtors

57,779

87,779

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

7,226

Taxation and social security

23,028

Other creditors

170,411

200,665

7.	LEASING AGREEMENTS

Liabilities in connection with operating leases at the balance sheet date amounted to £42,900.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Advances to directors in the period totalled £4,237. At the balance sheet date £4,237 remained outstanding. The loan is interest free and repayable on demand.

9.	LIMITED BY GUARANTEE

The Company is limited by guarantee as defined in the Companies Act. The liability of the members is limited.

Every member undertakes to contribute to the assets of the Association, in the event of the same being wound up while they are a member or within one year after they cease to be a member, for the payment of the debts and liabilities of the Association contracted before they cease to be a member and of the costs, charges and expenses of winding up, such amount as may be required not exceeding £1.00.