Platinum Audio Visual Limited - Abbreviated accounts 16.1

Platinum Audio Visual Limited - Abbreviated accounts 16.1

PLATINUM AUDIO VISUAL LIMITED - Company Information

Print Friendly Version

08850323 1.2.15 31.1.16 31.1.16 Company accounts Private Limited Company FY true false true false false true false Ordinary 'A' 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure088503232015-01-31088503232016-01-31088503232015-02-012016-01-31088503232014-01-16088503232014-01-172015-01-31088503232015-01-3108850323ns12:England2015-02-012016-01-3108850323ns14:PoundSterling2015-02-012016-01-3108850323ns7:Director12015-02-012016-01-3108850323ns7:OrdinaryShareClass12015-02-012016-01-3108850323ns7:RegisteredOffice2015-02-012016-01-3108850323ns7:EntityAccountantsOrAuditors2015-02-012016-01-3108850323ns7:OrdinaryShareClass12016-01-3108850323ns7:OrdinaryShareClass12015-01-31
REGISTERED NUMBER: 08850323 (England and Wales)















Abbreviated Accounts for the Year Ended 31 January 2016

for

Platinum Audio Visual Limited

Platinum Audio Visual Limited (Registered number: 08850323)






Contents of the Abbreviated Accounts
for the Year Ended 31 January 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Platinum Audio Visual Limited

Company Information
for the Year Ended 31 January 2016







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
Page 1
Platinum Audio Visual Limited (Registered number: 08850323)

Abbreviated Balance Sheet
31 January 2016

31.1.16 31.1.15
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 15,000 20,000

CURRENT ASSETS
Stocks 12,000 -
Debtors 30 -
Cash at bank 69 5,379
12,099 5,379
CREDITORS
Amounts falling due within one year 27,053 25,272
NET CURRENT LIABILITIES (14,954 ) (19,893 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
46
107

CAPITAL AND RESERVES
Called up share capital 3 10 10
Profit and loss account 36 97
SHAREHOLDERS' FUNDS 46 107

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 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 28 October 2016 and were signed by:





B Cribb - Director


The notes form part of these abbreviated accounts

Page 2
Platinum Audio Visual Limited (Registered number: 08850323)

Notes to the Abbreviated Accounts
for the Year Ended 31 January 2016

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 January 2015).

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving
items.

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
At 1 February 2015
and 31 January 2016 25,000
AMORTISATION
At 1 February 2015 5,000
Amortisation for year 5,000
At 31 January 2016 10,000
NET BOOK VALUE

At 31 January 2016 15,000
At 31 January 2015 20,000

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.16 31.1.15
value: £    £   
10 Ordinary 'A' £1 10 10

Page 3