Platinum Motors Scotland Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: SC671444

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	33,420		33,420
Debtors	5	9,000		9,000
Cash at bank and in hand		12,374		12,374

		54,794		54,794
Creditors: Amounts Falling Due Within One Year	6	(45,820 )		(45,820 )

NET CURRENT ASSETS (LIABILITIES)			8,974		8,974

TOTAL ASSETS LESS CURRENT LIABILITIES			8,974		8,974

NET ASSETS			8,974		8,974

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			8,874		8,874

SHAREHOLDERS' FUNDS			8,974		8,974

For the year ending 31 August 2025 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 Patrick Sweeney

Director

31 August 2026

The notes on page 2 form part of these financial statements.

1. General Information

Platinum Motors Scotland Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC671444 . The registered office is C/O Henderson Kildavaig, 109/14 Swanston Road, Edinburgh, Midlothian, EH10 7DS .

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. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Stocks

	2025	2024
	£	£
Finished goods	33,420	33,420

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	9,000	9,000

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Amounts owed to group undertakings	39,187	39,187
Other creditors	4,551	4,551
Taxation and social security	2,082	2,082

	45,820	45,820

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100