Company Registration No. 12604652 (England and Wales)
PALLETT & PARTNERS LIMITED
Unaudited accounts
for the period from 1 June 2023 to 31 October 2024
PALLETT & PARTNERS LIMITED
Unaudited accounts
Contents
PALLETT & PARTNERS LIMITED
Company Information
for the period from 1 June 2023 to 31 October 2024
Company Number
12604652 (England and Wales)
Registered Office
28 CHAMPFLOWER
FURZTON
MILTON KEYNES
MK4 1LD
ENGLAND
Accountants
Arth Limited
655 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD
PALLETT & PARTNERS LIMITED
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
-
(4,659)
Creditors: amounts falling due within one year
(24,897)
(29,418)
Net current liabilities
(24,897)
(12,023)
Net liabilities
(24,897)
(11,307)
Called up share capital
100
100
Profit and loss account
(24,997)
(11,407)
Shareholders' funds
(24,897)
(11,307)
For the period ending 31 October 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 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 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 and authorised for issue on 15 April 2025 and were signed on its behalf by
Daniel Pallett
Director
Company Registration No. 12604652
PALLETT & PARTNERS LIMITED
Notes to the Accounts
for the period from 1 June 2023 to 31 October 2024
PALLETT & PARTNERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12604652. The registered office is 28 CHAMPFLOWER, FURZTON, MILTON KEYNES, MK4 1LD, ENGLAND.
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 period, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on Cost
Computer equipment
25% on Cost
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
366
1,237
1,603
Disposals
(366)
(1,237)
(1,603)
At 1 June 2023
202
685
887
Charge for the period
130
425
555
On disposals
(332)
(1,110)
(1,442)
At 31 May 2023
164
552
716
PALLETT & PARTNERS LIMITED
Notes to the Accounts
for the period from 1 June 2023 to 31 October 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
(1,626)
Loans from directors
24,897
27,685
7
Average number of employees
During the period the average number of employees was 1 (2023: 1).