2022-12-012023-11-292023-11-29false04971243Twelve Palms Property Management 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Twelve Palms Property Management Limited

Registered Number
04971243
(England and Wales)

Unaudited Financial Statements for the Period ended
29 November 2023

Twelve Palms Property Management Limited
Company Information
for the period from 1 December 2022 to 29 November 2023

Directors

Krokatsis, Michael
Skouros, Marios

Company Secretary

SKOUROS, Marios

Registered Address

18 Petersfield Close
London
N18 1JJ

Registered Number

04971243 (England and Wales)
Twelve Palms Property Management Limited
Balance Sheet as at
29 November 2023

Notes

2023

2022

£

£

£

£

Current assets
Cash at bank and on hand226166
226166
Creditors amounts falling due within one year3(1,184)(480)
Net current assets (liabilities)(958)(314)
Total assets less current liabilities(958)(314)
Net assets(958)(314)
Capital and reserves
Called up share capital33
Profit and loss account(961)(317)
Shareholders' funds(958)(314)
The financial statements were approved and authorised for issue by the Board of Directors on 12 August 2024, and are signed on its behalf by:
Krokatsis, Michael
Director
Registered Company No. 04971243
Twelve Palms Property Management Limited
Notes to the Financial Statements
for the period ended 29 November 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover comprises of service charges received.
2.Average number of employees

20232022
Average number of employees during the year00
3.Creditors: amounts due within one year

2023

2022

££
Other creditors200-
Accrued liabilities and deferred income984480
Total1,184480
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
4.Related party transactions
At the balance sheet date the company owed £200 (2022: £Nil) to the director, which is an interest free loan with no fixed date for repayment.