28 March 2023 false No description of principal activity Taxfiler 2024.6 14764706business:PrivateLimitedCompanyLtd2023-03-282024-03-31 147647062023-03-27 147647062023-03-282024-03-31 14764706business:AuditExempt-NoAccountantsReport2023-03-282024-03-31 14764706business:FilletedAccounts2023-03-282024-03-31 147647062024-03-31 14764706business:Director12023-03-282024-03-31 14764706business:RegisteredOffice2023-03-282024-03-31 14764706core:WithinOneYear2024-03-31 14764706core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 14764706core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 14764706core:PreviouslyStatedAmount2024-03-31 14764706business:SmallEntities2023-03-282024-03-31 14764706countries:EnglandWales2023-03-282024-03-31 14764706core:ComputerEquipment2023-03-282024-03-31 14764706core:ComputerEquipment2023-03-27 14764706core:ComputerEquipment2024-03-31 14764706business:Director112023-03-282024-03-31 14764706business:Director112023-03-27 14764706business:Director112024-03-31 iso4217:GBP xbrli:pure
Palace Productions Ltd Company Information for the period from 28 March 2023 to 31 March 2024
Director
Nadine Ahmad
Company Number
14764706 (England and Wales)
Registered Office
50 Linden Road Birmingham B30 1JU England
Accountants
Bloodwood Accounting Ltd 50 Linden Road Birmingham B30 1JU
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Palace Productions Ltd Statement of financial position as at 31 March 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
954 
Current assets
Debtors
9,500 
Cash at bank and in hand
10,578 
20,078 
Creditors: amounts falling due within one year
(6,835)
Net current assets
13,243 
Net assets
14,197 
Capital and reserves
Called up share capital
100 
Profit and loss account
14,097 
Shareholders' funds
14,197 
For the period ending 31 March 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 her 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 27 May 2025 and were signed on its behalf by
Nadine Ahmad Director Company Registration No. 14764706
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Palace Productions Ltd Notes to the Accounts for the period from 28 March 2023 to 31 March 2024
1
Statutory information
Palace Productions Ltd is a private company, limited by shares, registered in England and Wales, registration number 14764706. The registered office is 50 Linden Road, Birmingham, B30 1JU, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation is calculated for whole-year periods of ownership. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33.3% Straight Line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 28 March 2023
- 
Additions
954 
At 31 March 2024
954 
Depreciation
At 31 March 2024
- 
Net book value
At 31 March 2024
954 
5
Debtors
2024 
£ 
Amounts falling due within one year
Other debtors
9,500 
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Palace Productions Ltd Notes to the Accounts for the period from 28 March 2023 to 31 March 2024
6
Creditors: amounts falling due within one year
2024 
£ 
Taxes and social security
6,789 
Loans from directors
46 
6,835 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Nadine Ahmad
current account - payable at call, nil interest
- 
20,596 
20,550 
46 
- 
20,596 
20,550 
46 
8
Average number of employees
During the period the average number of employees was 0.
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