Abbreviated Company Accounts - PLATINUM FORCE LIMITED

Abbreviated Company Accounts - PLATINUM FORCE LIMITED


Registered Number 04227394

PLATINUM FORCE LIMITED

Abbreviated Accounts

30 December 2014

PLATINUM FORCE LIMITED Registered Number 04227394

Abbreviated Balance Sheet as at 30 December 2014

Notes 2014 2013
£ £
Called up share capital not paid 2,583 3,229
Current assets
Debtors - 1,500
Cash at bank and in hand 10,101 31
10,101 1,531
Creditors: amounts falling due within one year (14,728) (34,405)
Net current assets (liabilities) (4,627) (32,874)
Total assets less current liabilities (2,044) (29,645)
Total net assets (liabilities) (2,044) (29,645)
Capital and reserves
Called up share capital 100 100
Profit and loss account (2,144) (29,745)
Shareholders' funds (2,044) (29,645)
  • For the year ending 30 December 2014 the company was entitled to exemption 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 Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 24 December 2015

And signed on their behalf by:
M Arshad, Director

PLATINUM FORCE LIMITED Registered Number 04227394

Notes to the Abbreviated Accounts for the period ended 30 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant & Machinery depreciated at 20% reducing balance