PLATINUM BUSINESS MANAGEMENT LIMITED - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 04477723 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 AUGUST 2017

FOR

PLATINUM BUSINESS MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr S Hales

SECRETARY:

Mrs K Hales

REGISTERED OFFICE:

4 Butteridge Rise

Saunders Lane

Romsey

Hamshire

SO51 0GH

REGISTERED NUMBER:

04477723 (England and Wales)

ACCOUNTANTS:

JSA Services Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

CURRENT ASSETS

Debtors

5

16,440

11,484

Cash at bank

38,976

22,413

55,416

33,897

CREDITORS

Amounts falling due within one year

6

(30,975

)

(26,972

)

NET CURRENT ASSETS

24,441

6,925

TOTAL ASSETS LESS CURRENT LIABILITIES

24,441

6,925

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

24,341

6,825

SHAREHOLDERS' FUNDS

24,441

6,925

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 23 April 2018 and were signed by:

Mr S Hales - Director

1.	STATUTORY INFORMATION

PLATINUM BUSINESS MANAGEMENT LIMITED is a private company, limited by shares , registered in

England and Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

15,840

11,322

Other debtors

-

162

Prepayments and accrued income

600

-

16,440

11,484

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Corporation Tax

22,672

21,060

PAYE/NI

232

236

VAT

6,108

5,112

Credit card

138

-

Directors' current accounts

1,825

564

30,975

26,972

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 September 2016

6,825

Profit for the year

93,116

Dividends

(75,600

)

At 31 August 2017

24,341

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2017 and

31 August 2016:

2017

2016

£

£

Mr S Hales

Balance outstanding at start of year

(564

)

(3,697

)

Amounts advanced

11,605

16,174

Amounts repaid

(12,866

)

(13,041

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,825

)

(564

)

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr S Hales.