Company Registration No. 07238427 (England and Wales)
THE PALM PRACTICE LIMITED
Unaudited accounts
for the year ended 30 April 2024
THE PALM PRACTICE LIMITED
Unaudited accounts
Contents
THE PALM PRACTICE LIMITED
Company Information
for the year ended 30 April 2024
Directors
Anjum BASHIR
Eaisha TAREEN
Anjum Bashir
Eaisha Tareen
Company Number
07238427 (England and Wales)
Registered Office
6 The Dingle
Ballast Quay Road
Fingringhoe
Essex
CO5 7DB
Accountants
Tax Accountant | Specialist Tax Consultancy
3 Brindley Place
Birmingham
West Midlands
B1 2JB
THE PALM PRACTICE LIMITED
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
177,052
222,365
Creditors: amounts falling due within one year
(15,566)
(6,451)
Net current assets
161,486
215,914
Net assets
161,869
217,370
Called up share capital
100
100
Profit and loss account
161,769
217,270
Shareholders' funds
161,869
217,370
For the year ending 30 April 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 January 2025 and were signed on its behalf by
Anjum BASHIR
Director
Company Registration No. 07238427
THE PALM PRACTICE LIMITED
Notes to the Accounts
for the year ended 30 April 2024
THE PALM PRACTICE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07238427. The registered office is 6 The Dingle , Ballast Quay Road, Fingringhoe, Essex, CO5 7DB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10% Straight Line
Computer equipment
10% Straight Line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
1,017
10,730
11,747
At 30 April 2024
1,017
10,730
11,747
At 1 May 2023
1,224
9,067
10,291
Charge for the year
-
1,073
1,073
At 30 April 2024
1,224
10,140
11,364
At 30 April 2024
(207)
590
383
At 30 April 2023
(207)
1,663
1,456
THE PALM PRACTICE LIMITED
Notes to the Accounts
for the year ended 30 April 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
13,852
4,758
Other creditors
1,714
1,693
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).