Platinum One Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 05917708

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		10,583		16,068

			10,583		16,068
CURRENT ASSETS
Debtors	6	193		5,091
Cash at bank and in hand		12		18

		205		5,109
Creditors: Amounts Falling Due Within One Year	7	(132,365 )		(97,083 )

NET CURRENT ASSETS (LIABILITIES)			(132,160 )		(91,974 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(121,577 )		(75,906 )

Creditors: Amounts Falling Due After More Than One Year	8		-		(7,275 )

NET LIABILITIES			(121,577 )		(83,181 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(121,677 )		(83,281 )

SHAREHOLDERS' FUNDS			(121,577)		(83,181)

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Platinum One Limited

Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 2026 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 Jagtar Cheema

Director

12 August 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Platinum One Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05917708 . The registered office is Suite 102 Horizon House, Sittingbourne Road, Maidstone, ME14 3EN.

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. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, the director has pledged their continued financial support.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. Goodwill has been amortised in full.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance
Computer Equipment	25% reducing balance

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2025: 6)

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Platinum One Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 March 2025	32,500

As at 28 February 2026	32,500

Amortisation
As at 1 March 2025	32,500

As at 28 February 2026	32,500

Net Book Value
As at 28 February 2026	-

As at 1 March 2025	-

5. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 March 2025	48,575	4,681	30,865	84,121
Disposals	(14,450 )	-	-	(14,450 )

As at 28 February 2026	34,125	4,681	30,865	69,671

Depreciation
As at 1 March 2025	35,348	4,634	28,071	68,053
Provided during the period	2,962	12	698	3,672
Disposals	(12,637 )	-	-	(12,637 )

As at 28 February 2026	25,673	4,646	28,769	59,088

Net Book Value
As at 28 February 2026	8,452	35	2,096	10,583

As at 1 March 2025	13,227	47	2,794	16,068

6. Debtors

	2026	2025
	£	£
Due within one year
Prepayments and accrued income	193	179
Other taxes and social security	-	4,912

	193	5,091

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Platinum One Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	274	-
Bank loans and overdrafts	27,719	30,047
Other taxes and social security	200	-
Credit Card	217	36
Pension liability	(9 )	68
Director's loan account	103,964	66,932

	132,365	97,083

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	-	7,275

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

10. Directors Advances, Credits and Guarantees

Included within Creditors are the following loans due to directors:

	As at 1 March 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 28 February 2026
	£	£	£	£	£
Mr Jagtar Cheema	66,932	256	37,288	-	103,964

The above loan is unsecured, interest free, repayable on demand and ranks equally with other unsecured creditors of the company.

11. Ultimate Controlling Party

The company's ultimate controlling party is Mr J Cheema by virtue of his ownership of 100% of the issued share capital in the company.

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