Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false true No description of principal activity 1 April 2023 31 March 2024 31 March 2024 01974689 William Keith Moss iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01974689 2023-03-31 01974689 2024-03-31 01974689 2023-04-01 2024-03-31 01974689 frs-core:CurrentFinancialInstruments 2024-03-31 01974689 frs-core:Non-currentFinancialInstruments 2024-03-31 01974689 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01974689 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 01974689 frs-bus:Micro-entities 2023-04-01 2024-03-31 01974689 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 01974689 frs-bus:Director1 2023-04-01 2024-03-31 01974689 2022-03-31 01974689 2023-03-31 01974689 2022-04-01 2023-03-31 01974689 frs-core:CurrentFinancialInstruments 2023-03-31 01974689 frs-core:Non-currentFinancialInstruments 2023-03-31
Registered number: 01974689
Palmerston Securities Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Balance Sheet
Registered number: 01974689
2024 2023
£ £
Fixed assets 532,126 512,562
Current assets 7,004,945 7,208,810
Creditors: Amounts Falling Due Within One Year (1,405,920 ) (1,472,446 )
NET CURRENT ASSETS 5,599,025 5,736,364
TOTAL ASSETS LESS CURRENT LIABILITIES 6,131,151 6,248,926
Creditors: Amounts Falling After More Than One Year (645,280 ) (633,348 )
Accruals and deferred income (7,449 ) (12,281 )
NET ASSETS 5,478,422 5,603,297
CAPITAL AND RESERVES 5,478,422 5,603,297

Notes

1. General Information
Palmerston Securities Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01974689 . The registered office is Flat 20 41- 43 Belsize Avenue, London, England, NW3 4BN.
2. Average Number of Employees
Average number of employees, including directors, during the year 1 (2023: 1)
1 1
3. Directors Advances, Credits and Guarantees
Included within Debtors are loans made to directors. The balance at the year end was £38,358 (2023 : £91,248)
Interest was charged on the loan at a rate of 2.25% and loan is repayable on demand.
4. Off-Balance Sheet Arrangements
The company has entered into 3 Joint Ventures to acquire, develop and sell properties.  The company is entitled to a proportion of the profits when the properties are sold.
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For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
William Keith Moss
Director
2 December 2024