PTP Accounts Production v23.2.0.158 09984651 director 1.3.22 28.2.23 28.2.23 false true false false true false Ordinary 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh099846512022-02-28099846512023-02-28099846512022-03-012023-02-28099846512021-02-28099846512021-03-012022-02-28099846512022-02-2809984651ns10:Originalns15:EnglandWales2022-03-012023-02-2809984651ns14:PoundSterlingns10:Original2022-03-012023-02-2809984651ns10:Originalns10:Director12022-03-012023-02-2809984651ns10:Original2022-03-012023-02-2809984651ns10:Original2023-02-2809984651ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2809984651ns10:Originalns10:SmallEntities2022-03-012023-02-2809984651ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2809984651ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2809984651ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2809984651ns10:Originalns10:FullAccounts2022-03-012023-02-2809984651ns10:Originalns10:OrdinaryShareClass12022-03-012023-02-2809984651ns10:Originalns10:OrdinaryShareClass22022-03-012023-02-2809984651ns10:CompanySecretary1ns10:Original2022-03-012023-02-2809984651ns10:Originalns10:RegisteredOffice2022-03-012023-02-2809984651ns10:Original2022-02-2809984651ns10:Originalns5:CurrentFinancialInstruments2023-02-2809984651ns10:Originalns5:CurrentFinancialInstruments2022-02-2809984651ns5:ShareCapitalns10:Original2023-02-2809984651ns5:ShareCapitalns10:Original2022-02-2809984651ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2809984651ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2809984651ns10:Original2021-03-012022-02-2809984651ns10:Originalns5:ComputerEquipment2022-02-2809984651ns10:Originalns5:ComputerEquipment2022-03-012023-02-2809984651ns10:Originalns5:ComputerEquipment2023-02-2809984651ns10:Originalns5:ComputerEquipment2022-02-2809984651ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2809984651ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-2809984651ns10:Originalns5:DeferredTaxation2022-02-2809984651ns10:Originalns5:DeferredTaxation2022-03-012023-02-2809984651ns10:Originalns5:DeferredTaxation2023-02-2809984651ns10:Originalns10:OrdinaryShareClass12023-02-2809984651ns10:Originalns10:OrdinaryShareClass22023-02-28
REGISTERED NUMBER: 09984651 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

PAL Online Consultancy Limited

PAL Online Consultancy Limited (Registered number: 09984651)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PAL Online Consultancy Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Mr A Lynch





SECRETARY: Mrs K Lynch





REGISTERED OFFICE: 1 Antill Close
Asfordby
Melton Mowbray
Leicestershire
LE14 3YT





REGISTERED NUMBER: 09984651 (England and Wales)





ACCOUNTANTS: SRB Associates (Leicestershire) Limited
Pera Business Park
Nottingham Road
Melton Mowbray
Leicestershire
LE13 0PB

PAL Online Consultancy Limited (Registered number: 09984651)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,174 1,187

CURRENT ASSETS
Stocks 5 14,621 12,900
Debtors 6 34,927 10,827
Cash at bank and in hand 196,944 168,460
246,492 192,187
CREDITORS
Amounts falling due within one year 7 33,771 24,994
NET CURRENT ASSETS 212,721 167,193
TOTAL ASSETS LESS CURRENT
LIABILITIES

214,895

168,380

PROVISIONS FOR LIABILITIES 8 413 226
NET ASSETS 214,482 168,154

CAPITAL AND RESERVES
Called up share capital 9 101 101
Retained earnings 214,381 168,053
SHAREHOLDERS' FUNDS 214,482 168,154

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

PAL Online Consultancy Limited (Registered number: 09984651)

Balance Sheet - continued
28 February 2023


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 10 October 2023 and were signed by:





Mr A Lynch - Director


PAL Online Consultancy Limited (Registered number: 09984651)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

PAL Online Consultancy 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. 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 represents amounts receivable for services provided in the normal course of business, net of trade discounts, VAT and other sales related taxes.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each assets over its expected useful life, as follow:

Computer equipment - 33.3% Straight Line Basis

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2022 2,964
Additions 2,424
At 28 February 2023 5,388
DEPRECIATION
At 1 March 2022 1,777
Charge for year 1,437
At 28 February 2023 3,214
NET BOOK VALUE
At 28 February 2023 2,174
At 28 February 2022 1,187

PAL Online Consultancy Limited (Registered number: 09984651)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. STOCKS
28.2.23 28.2.22
£    £   
Work-in-progress 14,621 12,900

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 34,831 10,380
Other debtors 96 447
34,927 10,827

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Taxation and social security 29,629 21,801
Other creditors 4,142 3,193
33,771 24,994

8. PROVISIONS FOR LIABILITIES
28.2.23 28.2.22
£    £   
Deferred tax 413 226

Deferred
tax
£   
Balance at 1 March 2022 226
Charge to Income Statement during year 187
Balance at 28 February 2023 413

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
100 Ordinary £1 100 100
1 Ordinary B £1 1 1
101 101

10. RELATED PARTY DISCLOSURES

Other creditors is an amount of £3 (2022 : £145) due to Mr A Lynch the director. The amount due to the director is interest free and repayable on demand.

PAL Online Consultancy Limited (Registered number: 09984651)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr A Lynch.