PALMAL PROPERTIES LIMITED

Company Registration Number:
14014589 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 31 March 2022

End date: 31 March 2023

PALMAL PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

PALMAL PROPERTIES LIMITED

Balance sheet

As at 31 March 2023


Notes
2023


£
Fixed assets
Tangible assets: 3 270,000
Total fixed assets: 270,000
Current assets
Cash at bank and in hand: 9,376
Total current assets: 9,376
Creditors: amounts falling due within one year:   (260,708)
Net current assets (liabilities): (251,332)
Total assets less current liabilities: 18,668
Total net assets (liabilities): 18,668
Capital and reserves
Called up share capital: 1,000
Profit and loss account: 17,668
Shareholders funds: 18,668

The notes form part of these financial statements

PALMAL PROPERTIES LIMITED

Balance sheet statements

For the year ending 31 March 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 October 2023
and signed on behalf of the board by:

Name: P Singh
Status: Director

The notes form part of these financial statements

PALMAL PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PALMAL PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023
Average number of employees during the period 1

PALMAL PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
Additions 270,000
At 31 March 2023 270,000
Depreciation
Charge for year 0
At 31 March 2023 0
Net book value
At 31 March 2023 270,000