Third Platform Technologies Ltd

Registered number

SC629618

Filleted Accounts

31 May 2026

Third Platform Technologies Ltd
Registered number:		SC629618
Balance Sheet
as at 31 May 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		23,619			18,816

Current assets
Debtors	4	714			1,753
Cash at bank and in hand		1,495			757
		2,209			2,510

Creditors: amounts falling due within one year	5	(37,657)			(21,858)

Net current liabilities			(35,448)			(19,348)

Total assets less current liabilities			(11,829)			(532)

Creditors: amounts falling due after more than one year	6		(19,583)			(24,583)



Net liabilities			(31,412)			(25,115)

Capital and reserves
Called up share capital			100			100
Profit and loss account			(31,512)			(25,215)

Shareholders' funds			(31,412)			(25,115)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Clare Hutchinson
Director
Approved by the board on 16 July 2026

Third Platform Technologies Ltd
Notes to the Accounts
for the year ended 31 May 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Going Concern
	The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Software / Application Development Cost			25% Straight Line Method
	Computer equipment			25% Straight Line Method
	Fixtures & fittings			25% Straight Line Method

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					2		2

3	Tangible fixed assets
		Software / Application Development Cost		Computer Equipment		Fixtures & Fittings		Total
£			£		£		£
	Cost
	At 1 June 2025	22,615		385		245		23,245
	Additions	12,557		-		-		12,557
	At 31 May 2026	35,172		385		245		35,802

	Depreciation
	At 1 June 2025	4,085		196		148		4,429
	Charge for the year	7,646		47		61		7,754
	At 31 May 2026	11,731		243		209		12,183

	Net book value
	At 31 May 2026	23,441		142		36		23,619
	At 31 May 2025	18,530		189		97		18,816

4	Debtors					2026		2025
£							£

	Amounts owed by group undertakings					400		400
	Other debtors					314		314
	VAT					-		400
	CT Refund					-		639
						714		1,753

5	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank overdrafts					9,703		-
	Directors loan account					24,484		21,858
	Taxation and social security costs					3,470		-
						37,657		21,858

6	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					19,583		24,583

7	Other information

	Third Platform Technologies Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:

	C/O Melbarry Accountants
	30/5 Hardengreen Industrial Estate
	Dalkeith, Midlothian
	Scotland
	EH22 3NX