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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
Page
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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
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THE PALM PRACTICE LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
383 
1,456 
Current assets
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 
Capital and reserves
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
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THE PALM PRACTICE LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 
Depreciation
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 
Net book value
At 30 April 2024
(207)
590 
383 
At 30 April 2023
(207)
1,663 
1,456 
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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 
15,566 
6,451 
6
Share capital
2024 
2023 
£ 
£ 
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).
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