Company Registration No. 14422527 (England and Wales)
Palmela (UK) Ltd
Unaudited accounts
for the period from 17 October 2022 to 31 December 2023
Palmela (UK) Ltd
Unaudited accounts
Contents
Palmela (UK) Ltd
Company Information
for the period from 17 October 2022 to 31 December 2023
Secretary
Company Director
Company Number
14422527 (England and Wales)
Registered Office
91 Wimpole Street
London
W1G 0EF
England
Palmela (UK) Ltd
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
10,632
Creditors: amounts falling due within one year
(162,056)
Net current assets
325,892
Called up share capital
775,000
Profit and loss account
(101,127)
Shareholders' funds
673,873
For the period ending 31 December 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 director acknowledges his 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 and authorised for issue on 30 August 2024 and were signed on its behalf by
Tom Meganck
Director
Company Registration No. 14422527
Palmela (UK) Ltd
Notes to the Accounts
for the period from 17 October 2022 to 31 December 2023
Palmela (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 14422527. The registered office is 91 Wimpole Street, London, W1G 0EF, 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.
4
Investments
Subsidiary undertakings
Valuation at 17 October 2022
-
Valuation at 31 December 2023
347,981
Amounts falling due within one year
Amounts falling due after more than one year
Amounts due from group undertakings etc.
413,633
6
Creditors: amounts falling due within one year
2023
Loans from directors
146,408
7
Average number of employees
During the period the average number of employees was 0.