Platinum Audio Visual Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08850323 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 17 January 2014 to 31 January 2015

for

Platinum Audio Visual Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

B Cribb

REGISTERED OFFICE:

Ground Floor

73 Liverpool Road

Crosby

Merseyside

L23 5SE

REGISTERED NUMBER:

08850323 (England and Wales)

ACCOUNTANTS:

Cobhams Limited

Ground Floor

73 Liverpool Road

Crosby

Merseyside

L23 5SE

FIXED ASSETS

Intangible assets

2

20,000

CURRENT ASSETS

Cash at bank

5,379

CREDITORS

Amounts falling due within one year

25,272

NET CURRENT LIABILITIES

(19,893

)

TOTAL ASSETS LESS CURRENT LIABILITIES

107

CAPITAL AND RESERVES

Called up share capital

3

10

Profit and loss account

97

SHAREHOLDERS' FUNDS

107

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 5 October 2015 and were signed by:

B Cribb - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Deferred tax

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

25,000

At 31 January 2015

25,000

AMORTISATION

Amortisation for period

5,000

At 31 January 2015

5,000

NET BOOK VALUE

At 31 January 2015

20,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

10

Ordinary 'A'

£1

10

The following shares were issued during the period for cash at par :

10 Ordinary 'A' shares of £1