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REGISTERED NUMBER: 04727275 (England and Wales)












88 Palace Road Limited

Report of the Directors and

Unaudited Financial Statements

for the Year Ended 30 April 2024






88 Palace Road Limited (Registered number: 04727275)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company information 1

Report of the directors 2

Income statement 3

Balance sheet 4

Statement of changes in equity 5

Notes to the financial statements 6


88 Palace Road Limited

Company Information
for the Year Ended 30 April 2024







Directors: Miss K Bayliss
D J Dundas
C J Lye





Secretary: Miss K Bayliss





Registered office: 88 Palace Road
Streatham Hill
London
SW2 3JY





Registered number: 04727275 (England and Wales)





Accountants: Warr & Co Limited
Chartered Accountants
Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ

88 Palace Road Limited (Registered number: 04727275)

Report of the Directors
for the Year Ended 30 April 2024

The directors present their report with the financial statements of the company for the year ended 30 April 2024.

Principal activity
The principal activity of the company in the year under review was that of holding the freehold title to 88 Palace Road, London.

Directors
The directors shown below have held office during the whole of the period from 1 May 2023 to the date of this report.

Miss K Bayliss
D J Dundas
C J Lye

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

On behalf of the board:





Miss K Bayliss - Director


19 December 2024

88 Palace Road Limited (Registered number: 04727275)

Income Statement
for the Year Ended 30 April 2024

30.4.24 30.4.23
Notes £    £   

Turnover - -
Operating profit and
Profit before taxation - -

Tax on profit 4 - -
Profit for the financial year - -

88 Palace Road Limited (Registered number: 04727275)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
Fixed assets
Tangible assets 5 6,078 6,078

Creditors
Amounts falling due within one year 6 6,556 6,556
Net current liabilities (6,556 ) (6,556 )
Total assets less current liabilities (478 ) (478 )

Capital and reserves
Called up share capital 7 3 3
Retained earnings (481 ) (481 )
Shareholders' funds (478 ) (478 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2024 and were signed on its behalf by:





Miss K Bayliss - Director


88 Palace Road Limited (Registered number: 04727275)

Statement of Changes in Equity
for the Year Ended 30 April 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 May 2022 3 (481 ) (478 )

Changes in equity
Balance at 30 April 2023 3 (481 ) (478 )

Changes in equity
Balance at 30 April 2024 3 (481 ) (478 )

88 Palace Road Limited (Registered number: 04727275)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. Statutory information

88 Palace Road Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation has not been provided on the freehold as the directors are of the view that its value will not diminish.

3. Employees and directors

The average number of employees during the year was NIL (2023 - NIL).

4. Taxation

Analysis of the tax charge
No liability to UK corporation tax arose for the year ended 30 April 2024 nor for the year ended 30 April 2023.

5. Tangible fixed assets
Freehold
property
£   
Cost
At 1 May 2023
and 30 April 2024 6,078
Net book value
At 30 April 2024 6,078
At 30 April 2023 6,078

6. Creditors: amounts falling due within one year
30.4.24 30.4.23
£    £   
Other creditors 6,556 6,556

88 Palace Road Limited (Registered number: 04727275)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
3 Ordinary £1 3 3