REGISTERED NUMBER: SC349183 (Scotland)

Platform Interior Solutions Limited

Unaudited Financial Statements

for the Year Ended 31 October 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R J R Wright

SECRETARY:

R J R Wright

REGISTERED OFFICE:

9 Ainslie Place

Edinburgh

EH3 6AT

REGISTERED NUMBER:

SC349183 (Scotland)

ACCOUNTANTS:

Whitelaw Wells

9 Ainslie Place

Edinburgh

Midlothian

EH3 6AT

BANKERS:

Barclays Bank UK Plc

Edinburgh branch

Leicester

Leicestershire

LE87 2BB

FIXED ASSETS

Tangible assets

4

296,214

238,904

Investments

5

11,250

-

307,464

238,904

CURRENT ASSETS

Debtors

6

810,534

434,591

Cash at bank

227,312

792,031

1,037,846

1,226,622

CREDITORS

Amounts falling due within one year

7

877,005

750,570

NET CURRENT ASSETS

160,841

476,052

TOTAL ASSETS LESS CURRENT LIABILITIES

468,305

714,956

CREDITORS

Amounts falling due after more than one year

8

(221,722

)

(194,346

)

PROVISIONS FOR LIABILITIES

-

(46,932

)

NET ASSETS

246,583

473,678

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

246,573

473,668

SHAREHOLDERS' FUNDS

246,583

473,678

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 July 2026 and were signed by:

R J R Wright - Director

1.	STATUTORY INFORMATION

Platform Interior Solutions Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover and revenue recognition

Turnover represents net invoiced provision of shop and office refurbishing, excluding value added tax.

Revenue is recognised in line with performance, to the extent that a right to consideration arises. Included in current assets, as "other debtors", are amounts which total £623,087 (2024 - £239,434) in respect of income that has been recognised but not billed by the end of the period. Provision is made against unbilled amounts where the right to receive payment is contingent and dependent on factors outside the control of the company.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 25% on cost, 20% on cost and 10% on cost

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

All loans with related parties are all repayable on demand.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Government grants

Government grants in relation to tangible fixed asset are credited to the profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.

Provisions

Provisions are recognised where the company has a present obligation as a result of a past event, it is probable the company will be required to settle the obligations, and a reliable estimate can be made of the obligations. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2024 - 34 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

626,882

Additions

202,370

Disposals

(108,076

)

At 31 October 2025

721,176

DEPRECIATION

At 1 November 2024

387,978

Charge for year

102,613

Eliminated on disposal

(65,629

)

At 31 October 2025

424,962

NET BOOK VALUE

At 31 October 2025

296,214

At 31 October 2024

238,904

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 November 2024

231,288

Additions

185,586

Reclassification/transfer

(12,020

)

At 31 October 2025

404,854

DEPRECIATION

At 1 November 2024

105,242

Charge for year

66,894

Reclassification/transfer

(12,020

)

At 31 October 2025

160,116

NET BOOK VALUE

At 31 October 2025

244,738

At 31 October 2024

126,046

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2025

2024

£

£

Racehorse

11,250

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

38,782

52,258

Other debtors

771,752

382,333

810,534

434,591

Other debtors includes a loan of £5,000 (2024 - £80,000) owed from Platform Investment Solutions Limited which is a related company.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

70,018

70,018

Hire purchase contracts (see note 9)

70,930

42,603

Trade creditors

458,473

353,452

Taxation and social security

219,628

203,373

Other creditors

57,956

81,124

877,005

750,570

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

35,045

105,027

Hire purchase contracts (see note 9)

186,677

89,319

221,722

194,346

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2025

2024

£

£

Net obligations repayable:

Within one year

70,930

42,603

Between one and five years

186,677

89,319

257,607

131,922

10.	SECURED DEBTS

Barclays Security Trustee Limited hold a floating charge over the assets of the company.

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

2025

2024

£

£

R J R Wright

Balance outstanding at start of year

40,789

38,246

Amounts advanced

34,119

21,977

Amounts repaid

(26,143

)

(19,434

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

48,765

40,789

The balance on the director's current account is repayable on demand, unsecured and interest has been charged at 2.25% until 5 April 2025 and then at 3.75% thereafter. The director will repay the balance in full before 31 July 2026.