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Registered number: 08266688
Platboom Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Sharpe Medical Accounting Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08266688
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 45,990 52,008
45,990 52,008
CURRENT ASSETS
Debtors 6 16,500 17,500
Cash at bank and in hand 22,968 42,076
39,468 59,576
Creditors: Amounts Falling Due Within One Year 7 (35,019 ) (56,486 )
NET CURRENT ASSETS (LIABILITIES) 4,449 3,090
TOTAL ASSETS LESS CURRENT LIABILITIES 50,439 55,098
Creditors: Amounts Falling Due After More Than One Year 8 (28,294 ) (34,028 )
NET ASSETS 22,145 21,070
CAPITAL AND RESERVES
Called up share capital 10 100 100
Capital redemption reserve (8,000 ) (8,000 )
Profit and Loss Account 30,045 28,970
SHAREHOLDERS' FUNDS 22,145 21,070
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Page 2
For the year ending 31 March 2026 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Jeremy Gadd
Director
29/04/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Platboom Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08266688 . The registered office is Yew Tree Cottage, Whitelye, Catbrook, Chepstow, Gwent, NP16 6NP.
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 recognised when a company gains entitlement to receive income from a third party.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. 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:
Motor Vehicles 20% Straight Line Method
Computer Equipment 20% Straight Line Method
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
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2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 4)
2 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2025 60,000
As at 31 March 2026 60,000
Amortisation
As at 1 April 2025 60,000
As at 31 March 2026 60,000
...CONTINUED
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Net Book Value
As at 31 March 2026 -
As at 1 April 2025 -
5. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 April 2025 56,035 2,072 58,107
As at 31 March 2026 56,035 2,072 58,107
Depreciation
As at 1 April 2025 4,670 1,429 6,099
Provided during the period 5,603 415 6,018
As at 31 March 2026 10,273 1,844 12,117
Net Book Value
As at 31 March 2026 45,762 228 45,990
As at 1 April 2025 51,365 643 52,008
6. Debtors
2026 2025
£ £
Due within one year
Prepayments and accrued income 16,500 17,500
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 8,507 8,507
Bank loans and overdrafts 1,998 10,211
Corporation tax 14,625 29,046
Other taxes and social security 6,335 108
Accruals and deferred income 3,518 8,332
Director's loan account 36 282
35,019 56,486
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8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 28,294 34,028
9. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 8,507 8,507
Later than one year and not later than five years 28,294 34,028
36,801 42,535
36,801 42,535
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
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