REGISTERED NUMBER: 05564881 (England and Wales)

Unaudited Financial Statements for the Year Ended 29 March 2026

for

Platinum European Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K A Shield

SECRETARY:

Forbes Administration Services Limited

REGISTERED OFFICE:

26 Brinkman Road

Linton

Cambridgeshire

CB21 4XF

REGISTERED NUMBER:

05564881 (England and Wales)

ACCOUNTANTS:

Simpson Accountancy

Unit 6 Cherrytree Farm

Blackmore End Road

Sible Hedingham

Essex

C09 3LZ

FIXED ASSETS

Tangible assets

4

34,277

47,480

CURRENT ASSETS

Debtors

5

9,540

10,175

Cash at bank

1,658

1,802

11,198

11,977

CREDITORS

Amounts falling due within one year

6

36,406

25,501

NET CURRENT LIABILITIES

(25,208

)

(13,524

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9,069

33,956

CREDITORS

Amounts falling due after more than one year

7

(2,292

)

(20,242

)

PROVISIONS FOR LIABILITIES

8

(6,513

)

(9,021

)

NET ASSETS

264

4,693

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

9

262

4,691

SHAREHOLDERS' FUNDS

264

4,693

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 March 2026 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 1 September 2026 and were signed by:

K A Shield - Director

1.	STATUTORY INFORMATION

Platinum European Ltd is a private company, limited by shares , registered in England and Wales. 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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 30 March 2025

and 29 March 2026

100,401

DEPRECIATION

At 30 March 2025

52,921

Charge for year

13,203

At 29 March 2026

66,124

NET BOOK VALUE

At 29 March 2026

34,277

At 29 March 2025

47,480

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

2,710

3,765

Other debtors

6,830

6,410

9,540

10,175

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

4,082

5,600

Hire purchase contracts

13,750

13,750

Trade creditors

12,820

3,944

Taxation and social security

1,821

431

Other creditors

3,933

1,776

36,406

25,501

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

4,200

Hire purchase contracts

2,292

16,042

2,292

20,242

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

6,513

9,021

Deferred

tax

£

Balance at 30 March 2025

9,021

Utilised during year

(2,508

)

Balance at 29 March 2026

6,513

9.

RESERVES

Retained

earnings

£

At 30 March 2025

4,692

Deficit for the year

(2,930

)

Dividends

(1,500

)

At 29 March 2026

262

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 March 2026 and 29 March 2025:

2026

2025

£

£

K A Shield

Balance outstanding at start of year

411

-

Amounts advanced

-

411

Amounts repaid

(411

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

411

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is K A Shield.