Registration number: 10045481

Platinum Fish. Number 1 Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

Platinum Fish. Number 1 Limited

Company Information

Director

Ms AL Logan

Registered office

Suite A4, Skylon Court Coldnose Road Rotherwas Hereford HR2 6JS

Accountants

Boon and Worth Limited Suite A4, Skylon Court Coldnose Road Rotherwas Hereford HR2 6JS

Platinum Fish. Number 1 Limited

(Registration number: 10045481)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Investment property	4	223,170	110,000
Current assets
Debtors	5	630	3,399
Cash at bank and in hand		31,498	26,264
		32,128	29,663
Creditors: Amounts falling due within one year	6	(95,820)	(33,628)
Net current liabilities		(63,692)	(3,965)
Total assets less current liabilities		159,478	106,035
Creditors: Amounts falling due after more than one year	6	(137,695)	(81,465)
Provisions for liabilities		(7,904)	(7,904)
Net assets		13,879	16,666
Capital and reserves
Called up share capital	7	1	1
Retained earnings		13,878	16,665
Shareholders' funds		13,879	16,666

Platinum Fish. Number 1 Limited

(Registration number: 10045481)
Balance Sheet as at 31 August 2025

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have 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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 26 May 2026
 

......................................... Ms AL Logan Director

Platinum Fish. Number 1 Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Suite A4, Skylon Court
Coldnose Road
Rotherwas
Hereford
HR2 6JS
England

These financial statements were authorised for issue by the director on 26 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Investment property

Investment property is shown at the most recent valuation, which the director deem to be its fair value. Any agregate surplus or deficit arising from changes in fair value is recognised in profit and loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Platinum Fish. Number 1 Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4	Investment properties

	2025 £
At 1 September	110,000
Additions	113,170
At 31 August	223,170

5

Debtors

Platinum Fish. Number 1 Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Current	2025 £	2024 £
Trade debtors	630	-
Prepayments	-	3,399
	630	3,399

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Accruals and deferred income	2,761	2,761
Other creditors	93,059	30,867
	95,820	33,628

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	137,695	81,465

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary share of £1 each	1	1	1	1

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	137,695	81,465

Platinum Fish. Number 1 Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

9	Related party transactions

Transactions with the director

2025	At 1 September 2024 £	Repayments by director £	At 31 August 2025 £
Ms AL Logan
Director's loan account	(30,868)	(192)	(31,060)

2024	At 1 September 2023 £	Repayments by director £	At 31 August 2024 £
Ms AL Logan
Director's loan account	(30,748)	(120)	(30,868)