1 July 2024 false No description of principal activity Taxfiler 2024.6 13652931business:PrivateLimitedCompanyLtd2024-07-012025-04-30 136529312024-06-30 136529312024-07-012025-04-30 13652931business:AuditExemptWithAccountantsReport2024-07-012025-04-30 13652931business:FilletedAccounts2024-07-012025-04-30 136529312025-04-30 13652931business:Director12024-07-012025-04-30 13652931business:Director22024-07-012025-04-30 13652931business:CompanySecretary12024-07-012025-04-30 13652931business:RegisteredOffice2024-07-012025-04-30 136529312024-06-30 13652931core:WithinOneYear2025-04-30 13652931core:WithinOneYear2024-06-30 13652931core:AfterOneYear2025-04-30 13652931core:AfterOneYear2024-06-30 13652931core:ShareCapitalcore:PreviouslyStatedAmount2025-04-30 13652931core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 13652931core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-04-30 13652931core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 13652931core:PreviouslyStatedAmount2025-04-30 13652931core:PreviouslyStatedAmount2024-06-30 13652931business:SmallEntities2024-07-012025-04-30 13652931countries:EnglandWales2024-07-012025-04-30 13652931core:ComputerEquipment2024-06-30 13652931core:ComputerEquipment2025-04-30 136529312023-10-012024-06-30 iso4217:GBP xbrli:pure
Company Registration No. 13652931 (England and Wales)
THE PALM BUILDERS & DEVELOPERS LIMITED Unaudited accounts for the period from 1 July 2024 to 30 April 2025
THE PALM BUILDERS & DEVELOPERS LIMITED Unaudited accounts Contents
Page
- 2 -
THE PALM BUILDERS & DEVELOPERS LIMITED Company Information for the period from 1 July 2024 to 30 April 2025
Directors
Raja BHAWAN Ghulam Raza Laghari
Secretary
Ghulam Raza Laghari
Company Number
13652931 (England and Wales)
Registered Office
430 ONE KINGDOM STREET PEDDINGTON CENTRAL LONDON W2 6BD ENGLAND
Accountants
Certax Accounting (Fitzrovia) Limited 85 Tottenham Court Road London W1T 4TQ
- 3 -
THE PALM BUILDERS & DEVELOPERS LIMITED Statement of financial position as at 30 April 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,005 
1,005 
Current assets
Debtors
39,744 
55,928 
Cash at bank and in hand
175,390 
124,340 
215,134 
180,268 
Creditors: amounts falling due within one year
(1,383)
(45,476)
Net current assets
213,751 
134,792 
Total assets less current liabilities
214,756 
135,797 
Creditors: amounts falling due after more than one year
(242,275)
(164,625)
Net liabilities
(27,519)
(28,828)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(27,619)
(28,928)
Shareholders' funds
(27,519)
(28,828)
For the period ending 30 April 2025 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 16 May 2025 and were signed on its behalf by
Raja BHAWAN Director Company Registration No. 13652931
- 4 -
THE PALM BUILDERS & DEVELOPERS LIMITED Notes to the Accounts for the period from 1 July 2024 to 30 April 2025
1
Statutory information
THE PALM BUILDERS & DEVELOPERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13652931. The registered office is 430 ONE KINGDOM STREET, PEDDINGTON CENTRAL, LONDON, W2 6BD, 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 remained unchanged from the previous period, 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.
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:
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2024
1,005 
At 30 April 2025
1,005 
Depreciation
At 30 April 2025
- 
Net book value
At 30 April 2025
1,005 
At 30 June 2024
1,005 
- 5 -
THE PALM BUILDERS & DEVELOPERS LIMITED Notes to the Accounts for the period from 1 July 2024 to 30 April 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
2,164 
555 
Trade debtors
37,580 
5,688 
Accrued income and prepayments
- 
5,753 
Other debtors
- 
43,932 
39,744 
55,928 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
2,688 
2,400 
Taxes and social security
(1,305)
7,512 
Other creditors
- 
35,564 
1,383 
45,476 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Amounts owed to group undertakings and other participating interests
242,275 
164,625 
8
Average number of employees
During the period the average number of employees was 1 (2024: 1).
- 6 -