Company Registration No. 14174238 (England and Wales)
Pallivathukal Properties Ltd
Unaudited accounts
for the period from 15 June 2022 to 30 June 2023
Pallivathukal Properties Ltd
Unaudited accounts
Contents
Pallivathukal Properties Ltd
Company Information
for the period from 15 June 2022 to 30 June 2023
Directors
Mr Joji Thomas
Kavitha Joji
Company Number
14174238 (England and Wales)
Registered Office
46 BINGLE WAY
WESTDERBY
LIVERPOOL
L12 7AD
ENGLAND
Accountants
Orb7 Accountants
53 Peartree Drive
Farnworth
Bolton
Lancashire
BL49RR
Pallivathukal Properties Ltd
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
45
Creditors: amounts falling due within one year
(85,903)
Net current liabilities
(85,758)
Called up share capital
100
Profit and loss account
(1,023)
For the period ending 30 June 2023 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 October 2023 and were signed on its behalf by
Mr Joji Thomas
Director
Company Registration No. 14174238
Pallivathukal Properties Ltd
Notes to the Accounts
for the period from 15 June 2022 to 30 June 2023
Pallivathukal Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 14174238. The registered office is 46 BINGLE WAY, WESTDERBY, LIVERPOOL, L12 7AD, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% Reducing Value Method
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
84,000
1,246
85,246
At 30 June 2023
84,000
1,246
85,246
Charge for the period
-
411
411
At 30 June 2023
84,000
835
84,835
Pallivathukal Properties Ltd
Notes to the Accounts
for the period from 15 June 2022 to 30 June 2023
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
Loans from directors
1,903
7
Average number of employees
During the period the average number of employees was 1.