INTERNATIONAL PALLET SUPPLIES LIMITED

Company Registration Number:
04309498 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

INTERNATIONAL PALLET SUPPLIES LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

INTERNATIONAL PALLET SUPPLIES LIMITED

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 268,870 222,216
Investments: 4 150,189 37,198
Total fixed assets: 419,059 259,414
Current assets
Debtors:   278,543 536,086
Cash at bank and in hand: 2,753,636 3,005,526
Total current assets: 3,032,179 3,541,612
Creditors: amounts falling due within one year:   (79,680) (415,459)
Net current assets (liabilities): 2,952,499 3,126,153
Total assets less current liabilities: 3,371,558 3,385,567
Provision for liabilities: (66,910) (55,179)
Total net assets (liabilities): 3,304,648 3,330,388
Capital and reserves
Called up share capital: 300 102
Profit and loss account: 3,304,348 3,330,286
Shareholders funds: 3,304,648 3,330,388

The notes form part of these financial statements

INTERNATIONAL PALLET SUPPLIES LIMITED

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 November 2024
and signed on behalf of the board by:

Name: MR R OVERMEER
Status: Director

The notes form part of these financial statements

INTERNATIONAL PALLET SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

INTERNATIONAL PALLET SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 4 4

INTERNATIONAL PALLET SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 400,183
Additions 132,166
At 28 February 2024 532,349
Depreciation
At 01 March 2023 177,967
Charge for year 85,512
At 28 February 2024 263,479
Net book value
At 28 February 2024 268,870
At 28 February 2023 222,216

INTERNATIONAL PALLET SUPPLIES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Fixed investments

Cost at 1 March 2023 - £37,198 Additions in the year - £112,991 Cost at 28 February 2024 - £150,189