30 September 2024 false No description of principal activity Taxfiler 2024.6 07020841business:PrivateLimitedCompanyLtd2024-09-302025-09-28 070208412024-09-29 070208412024-09-302025-09-28 07020841business:AuditExempt-NoAccountantsReport2024-09-302025-09-28 07020841business:FilletedAccounts2024-09-302025-09-28 070208412025-09-28 07020841business:Director12024-09-302025-09-28 07020841business:Director22024-09-302025-09-28 07020841business:RegisteredOffice2024-09-302025-09-28 070208412024-09-29 07020841core:WithinOneYear2025-09-28 07020841core:WithinOneYear2024-09-29 07020841core:ShareCapitalcore:PreviouslyStatedAmount2025-09-28 07020841core:ShareCapitalcore:PreviouslyStatedAmount2024-09-29 07020841core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-09-28 07020841core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-29 07020841core:PreviouslyStatedAmount2025-09-28 07020841core:PreviouslyStatedAmount2024-09-29 07020841business:SmallEntities2024-09-302025-09-28 07020841countries:EnglandWales2024-09-302025-09-28 07020841core:PlantMachinery2024-09-302025-09-28 07020841core:FurnitureFittings2024-09-302025-09-28 07020841core:LandBuildings2024-09-29 07020841core:PlantMachinery2024-09-29 07020841core:FurnitureFittings2024-09-29 07020841core:LandBuildings2024-09-302025-09-28 07020841core:LandBuildings2025-09-28 07020841core:PlantMachinery2025-09-28 07020841core:FurnitureFittings2025-09-28 070208412023-10-012024-09-29 iso4217:GBP xbrli:pure
Company Registration No. 07020841 (England and Wales)
Platinum Fidelity Limited Unaudited accounts for the period from 30 September 2024 to 28 September 2025
Platinum Fidelity Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Platinum Fidelity Limited Company Information for the period from 30 September 2024 to 28 September 2025
Directors
Spencer James Swadling Nicola Marie Swadling
Company Number
07020841 (England and Wales)
Registered Office
119 PRIMLEY PARK PAIGNTON DEVON TQ3 3JX
- 3 -
Platinum Fidelity Limited Statement of financial position as at 28 September 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
121,866 
25,425 
Current assets
Debtors
5
114,863 
52,849 
Cash at bank and in hand
138,766 
245,267 
253,629 
298,116 
Creditors: amounts falling due within one year
6
(74,196)
(81,741)
Net current assets
179,433 
216,375 
Net assets
301,299 
241,800 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
301,297 
241,798 
Shareholders' funds
301,299 
241,800 
For the period ending 28 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 July 2026 and were signed on its behalf by
Spencer James Swadling Director Company Registration No. 07020841
- 4 -
Platinum Fidelity Limited Notes to the Accounts for the period from 30 September 2024 to 28 September 2025
1
Statutory information
Platinum Fidelity Limited is a private company, limited by shares, registered in England and Wales, registration number 07020841. The registered office is 119 PRIMLEY PARK, PAIGNTON, DEVON, TQ3 3JX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 30 September 2024
- 
40,073 
397 
40,470 
Additions
91,984 
17,569 
- 
109,553 
At 28 September 2025
91,984 
57,642 
397 
150,023 
Depreciation
At 30 September 2024
- 
14,731 
314 
15,045 
Charge for the period
4,599 
8,496 
17 
13,112 
At 28 September 2025
4,599 
23,227 
331 
28,157 
Net book value
At 28 September 2025
87,385 
34,415 
66 
121,866 
At 29 September 2024
- 
25,342 
83 
25,425 
- 5 -
Platinum Fidelity Limited Notes to the Accounts for the period from 30 September 2024 to 28 September 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
29,130 
- 
Trade debtors
60,029 
52,849 
Other debtors
25,704 
- 
114,863 
52,849 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
- 
17,726 
Trade creditors
3,369 
- 
Taxes and social security
38,454 
41,232 
Loans from directors
29,373 
21,783 
Accruals
3,000 
1,000 
74,196 
81,741 
7
Average number of employees
During the period the average number of employees was 2 (2024: 2).
- 6 -