Palmer Engineering Limited 06555212 true 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is that of a dormant company Digita Accounts Production Advanced 6.30.9574.0 true Mr Richard Palmer Mrs Lorna Palmer true 06555212 2023-04-01 2024-03-31 06555212 2024-03-31 06555212 core:RetainedEarningsAccumulatedLosses 2024-03-31 06555212 core:ShareCapital 2024-03-31 06555212 bus:FRS102 2023-04-01 2024-03-31 06555212 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06555212 bus:FullAccounts 2023-04-01 2024-03-31 06555212 bus:RegisteredOffice 2023-04-01 2024-03-31 06555212 bus:Director1 2023-04-01 2024-03-31 06555212 bus:Director2 2023-04-01 2024-03-31 06555212 bus:EntityNoLongerTradingButTradedInPast 2023-04-01 2024-03-31 06555212 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06555212 countries:EnglandWales 2023-04-01 2024-03-31 06555212 2023-03-31 06555212 core:RetainedEarningsAccumulatedLosses 2023-03-31 06555212 core:ShareCapital 2023-03-31 iso4217:GBP

Registration number: 06555212

Palmer Engineering Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2024

 

Palmer Engineering Limited

Company Information

Directors

Mr Richard Palmer

Mrs Lorna Palmer

Registered office

Unit 6 Aysgarth Road
Waterlooville
PO7 7UG

Accountants

MMO Limited
Wellesley House
204 London Road
Waterlooville
Hampshire
PO7 7AN

 

Palmer Engineering Limited

(Registration number: 06555212)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Capital and reserves

 

Called up share capital

1

1

Retained earnings

(1)

(1)

Shareholders' funds/(deficit)

 

-

-

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 26 September 2024 and signed on its behalf by:
 

.........................................
Mr Richard Palmer
Director

 

Palmer Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 6 Aysgarth Road
Waterlooville
PO7 7UG

These financial statements were authorised for issue by the Board on 26 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.