Platinum Properties Holding Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10455473

Platinum Properties Holding Limited

Filleted Unaudited Financial Statements

30 November 2025

Platinum Properties Holding Limited

Statement of Financial Position

30 November 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	4	30,298	51,750

Current assets

Cash at bank and in hand	43	40

Creditors: amounts falling due within one year	5	22,547	17,138
		--------	--------
Net current liabilities		22,504	17,098
		--------	--------
Total assets less current liabilities		7,794	34,652

Creditors: amounts falling due after more than one year	6	40,638	54,426
		--------	--------
Net liabilities		( 32,844)	( 19,774)
		--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 32,944)	( 19,874)
	--------	--------
Shareholders deficit	( 32,844)	( 19,774)
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 November 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 financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 24 June 2026 , and are signed on behalf of the board by:

Mr Payne
Director

Company registration number: 10455473

Platinum Properties Holding Limited

Notes to the Financial Statements

Year ended 30 November 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Jubilee House, Townsend Lane, NW9 8TZ, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	25% straight line
Motor vehicles	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

4. Tangible assets

	Fixtures and fittings	Motor vehicles	Total
	£	£	£
Cost
At 1 December 2024 and 30 November 2025	1,431	84,372	85,803
	-------	--------	--------
Depreciation
At 1 December 2024	656	33,397	34,053
Charge for the year	358	21,094	21,452
	-------	--------	--------
At 30 November 2025	1,014	54,491	55,505
	-------	--------	--------
Carrying amount
At 30 November 2025	417	29,881	30,298
	-------	--------	--------
At 30 November 2024	775	50,975	51,750
	-------	--------	--------

5. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	4,094	999
Amounts owed to group undertakings and undertakings in which the company has a participating interest	250	–
Corporation tax	3,215	3,629
Other creditors	1,200	–
Other creditors	13,788	12,510
	--------	--------
	22,547	17,138
	--------	--------

6. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
HP Loan > 1 year	40,638	54,426
	--------	--------

7. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
Book My Table Ltd	(250)	–	( 250)	–
	----	----	----	----

By virtue of common directorship, Platinum Properties Holding Ltd is related party to Cadmen Stables holding Ltd,The Table Services,Book My Table and Licensed City Wine Ltd