Palermo Construction Limited |
Registered Number:05087036 |
For the year ended 05 April 2024
England and Wales
Unaudited Financial Statements
For the year ended 05 April 2024
Palermo Construction Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Palermo Construction Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
2,204,371
1,845,792
2
2,204,371
1,845,792
Trade and other receivables |
249,058
268,661
3
676,651
Cash and cash equivalents |
737,008
1,005,669
925,709
Trade and other payables: amounts falling due within one |
year |
(260,836)
(388,578)
4
664,873
617,091
Net current assets
Total assets less current liabilities |
2,821,462
2,510,665
2,821,462
Net assets
2,510,665
103
103
2,821,359
2,510,562
2,821,462
2,510,665
Shareholders' funds
For the year ended 05 April 2024 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 of its financial statements for the year ended 05 April 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Adrian Housley Director |
These financial statements were approved and authorised for issue by the Board on 22 August 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 05 April 2024
Palermo Construction Limited
Notes to the Financial Statements
Statutory Information
Palermo Construction Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 05087036. |
12 Palermo Drive, Weston Park
Longton
Stoke On Trent
Staffordshire
ST3 5YP
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
2. Property, plant and equipment |
1,879,757
37,104
9,981
1,832,672
374,150
49,156
-
324,994
2,157,666
9,981
86,260
2,253,907
Provision for depreciation and impairment |
33,965
25,364
8,601
-
Charge for year
15,571
15,226
345
-
49,536
40,590
8,946
-
2,157,666
1,035
45,670
2,204,371
1,832,672
1,380
11,740
1,845,792
3. Trade and other receivables |
2023
2024
157,811
183,208
110,850
65,850
249,058
268,661
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For the year ended 05 April 2024
Palermo Construction Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year |
2023
2024
225,544
176,490
Taxation and social security |
132,057
84,283
1,062
63
Obligations under HP/Financial leases |
29,915
-
388,578
260,836
5. Average number of persons employed |
During the year the average number of employees was 4 (2023 : 4)
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