Platio Limited Accounts






Platio Limited

	Company No. 09931628
		Information for Filing with The Registrar
		31 December 2025

The Directors present their report and the accounts for the year ended 31 December 2025.

Principal activities
The principal activity of the company during the year under review was to provide payment services to merchant. The company is authorised by the FCA under PSR 2009.




Directors

The Directors who served at any time during the year were as follows:

V. Bunin
S. Rimsa








































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

V. Bunin
Director
15 September 2026

at	31 December 2025
Company No.		09931628	Notes	2025	2024
				£	£






Current assets



	Cash at bank and in hand			166,923	1,931,185
				166,923	1,931,185
Creditors: Amount falling due within one year			4	(5,488)	(41,562)
Net current assets				161,435	1,889,623
Total assets less current liabilities				161,435	1,889,623




Net assets				161,435	1,889,623

Capital and reserves
	Called up share capital			270,000	270,000

	Revaluation reserve		6	44,695	44,695

	Profit and loss account		6	(153,260)	1,574,928

Total equity				161,435	1,889,623



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 December 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 15 September 2026 and signed on its behalf by:
V. Bunin
Director
15 September 2026

for the year ended 31 December 2025

General information

Platio Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 09931628

Its registered office is:

Pluto House, 6 Vale Avenue

Tunbridge Wells

TN1 1DJ

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The company ceased to provide payment services during 2025 and closed its merchant settlement accounts. Following the cessation of payment services the company’s cost base has reduced substantially: its only employee left in September 2025 and the regulatory, compliance and bank-charge costs associated with the payment services activity have ceased.
The director has considered the company’s expected cash requirements for the period of at least twelve months from the date of approval of these financial statements, on the basis that the company’s IT services activity will generate modest revenue during 2026 and that running costs will be limited to software, professional fees and the director’s remuneration. The director and controlling shareholder, V. Bunin, has confirmed that he will not seek repayment of any amounts owed to him and will provide such financial support as the company requires to meet its liabilities as they fall due for at least twelve months from the date of approval. On that basis the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would be required if the company were unable to continue as a going concern.

Accounting policies

Turnover

Turnover represents the fees and commission earned by the company for services rendered during the year, net of value added tax, measured at the fair value of the consideration received or receivable.
Payment services: the company acted as an intermediary between merchants and acquiring payment service providers. Funds received on behalf of merchants and paid on to them are not the company’s income or expense; they are recognised as merchant funds held and as a corresponding liability (merchant funds payable) until settled. The company’s turnover from this activity is the commission it retains from those flows, recognised when the underlying transactions are settled. In 2024 the fees charged to merchants were reported gross, with the charges levied by acquiring payment service providers shown as cost of sales; in 2025 settlements were received net of those charges and turnover is stated net.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	1	2

4	Creditors:
		amounts falling due within one year
			2025	2024
			£	£






		Taxes and social security	-	27,228

		Other creditors	1,488	8,691
		Accruals and deferred income	4,000	5,643
			5,488	41,562

Share Capital

27 class A shares, 10,000 GBP each

6	Reserves
			Revaluation Reserve	Total other reserves
			£	£
		At 1 January 2024	45,033	45,033
		Movement on revaluation reserve	(338)	(338)


		At 31 December 2024 and 1 January 2025	44,695	44,695



		At 31 December 2025	44,695	44,695

		Revaluation reserve - reflects the revaluation of property other than investment properties.


		Profit and loss account - includes all current and prior period retained profits and losses.