Platinum Pure Capital Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07028208 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2020

for

PLATINUM PURE CAPITAL LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

C Eliades

REGISTERED OFFICE:

236 Creighton Avenue

London

N2 9BD

REGISTERED NUMBER:

07028208 (England and Wales)

ACCOUNTANTS:

Pittalis Gilchrist LLP

Chartered Certified Accountants

Global House

303 Ballards Lane

London

N12 8NP

FIXED ASSETS

Tangible assets

4

65,259

75,051

CURRENT ASSETS

Debtors

5

1,420

1,187

Cash at bank

225,791

203,476

227,211

204,663

CREDITORS

Amounts falling due within one year

6

122,517

68,336

NET CURRENT ASSETS

104,694

136,327

TOTAL ASSETS LESS CURRENT LIABILITIES

169,953

211,378

PROVISIONS FOR LIABILITIES

12,399

14,260

NET ASSETS

157,554

197,118

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

157,453

197,017

SHAREHOLDERS' FUNDS

157,554

197,118

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2020 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 15 October 2020 and were signed by:

C Eliades - Director

1.	STATUTORY INFORMATION

Platinum Pure Capital 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover comprises revenue recognised by the company in respect of services provided during the

year, exclusive of Value Added Tax and trade discounts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the statement of financial position date.

Interest income

Interest income is recognised using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2019

154,032

Additions

9,720

Disposals

(10,176

)

At 30 September 2020

153,576

DEPRECIATION

At 1 October 2019

78,981

Charge for year

16,315

Eliminated on disposal

(6,979

)

At 30 September 2020

88,317

NET BOOK VALUE

At 30 September 2020

65,259

At 30 September 2019

75,051

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.20

30.9.19

£

£

Other debtors

1,420

1,187

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.20

30.9.19

£

£

Taxation and social security

110,093

50,092

Other creditors

12,424

18,244

122,517

68,336