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REGISTERED NUMBER: 09540631 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Costello Palmer Communications Limited

Costello Palmer Communications Limited (Registered number: 09540631)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Costello Palmer Communications Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: M Grieve





REGISTERED OFFICE: Clavering House
Clavering Place
Newcastle Upon Tyne
NE1 3NG





REGISTERED NUMBER: 09540631 (England and Wales)





ACCOUNTANTS: AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ

Costello Palmer Communications Limited (Registered number: 09540631)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 3,004 3,535

CURRENT ASSETS
Debtors 5 78,857 46,583
Cash at bank and in hand 1,406 4,997
80,263 51,580
CREDITORS
Amounts falling due within one year 6 68,449 40,619
NET CURRENT ASSETS 11,814 10,961
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,818

14,496

CREDITORS
Amounts falling due after more than
one year

7

12,409

12,294
NET ASSETS 2,409 2,202

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 2,408 2,201
SHAREHOLDERS' FUNDS 2,409 2,202

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 director acknowledges her 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.

Costello Palmer Communications Limited (Registered number: 09540631)

Balance Sheet - continued
30 April 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 January 2025 and were signed by:





M Grieve - Director


Costello Palmer Communications Limited (Registered number: 09540631)

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

1. STATUTORY INFORMATION

Costello Palmer Communications 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Website - 25% on reducing balance
Computer equipment - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Costello Palmer Communications Limited (Registered number: 09540631)

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

4. TANGIBLE FIXED ASSETS
Computer
Website equipment Totals
£ £ £
COST
At 1 May 2023
and 30 April 2024 6,194 3,228 9,422
DEPRECIATION
At 1 May 2023 4,543 1,344 5,887
Charge for year 248 283 531
At 30 April 2024 4,791 1,627 6,418
NET BOOK VALUE
At 30 April 2024 1,403 1,601 3,004
At 30 April 2023 1,651 1,884 3,535

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£ £
Trade debtors 16,512 8,262
Corporation tax refund 13,400 3,283
Amounts owed by associates 6,918 6,918
Directors' loan accounts 42,027 10,048
Accruals - 17,777
Prepayments - 295
78,857 46,583

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£ £
Bank loans and overdrafts 4,500 4,500
Trade creditors 367 -
Tax 15,634 4,813
Social security and other taxes 2,551 590
VAT 44,237 29,975
Other creditors 215 196
Accrued expenses 945 545
68,449 40,619

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.4.24 30.4.23
£ £
Bank loans > 1 year 12,409 12,294

Costello Palmer Communications Limited (Registered number: 09540631)

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

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£ £
M Grieve
Balance outstanding at start of year 10,048 25,564
Amounts advanced 31,980 -
Amounts repaid - (15,516 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 42,028 10,048

Costello Palmer Communications Limited

Report of the Accountants to the Director of
Costello Palmer Communications Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2024 set out on pages one to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ


17 January 2025