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Company Registration No. 14865960 (England and Wales)
Palomino Construction Ltd Unaudited accounts for the year ended 31 May 2025
Palomino Construction Ltd Unaudited accounts Contents
Page
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Palomino Construction Ltd Company Information for the year ended 31 May 2025
Director
Robert Pope
Secretary
Nicola Pope
Company Number
14865960 (England and Wales)
Registered Office
102 Darwin Drive Tonbridge Kent TN10 4SD England
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Palomino Construction Ltd Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,518 
3,359 
Current assets
Debtors
328 
50 
Cash at bank and in hand
2,829 
8,449 
3,157 
8,499 
Creditors: amounts falling due within one year
(4,623)
(3,937)
Net current (liabilities)/assets
(1,466)
4,562 
Total assets less current liabilities
1,052 
7,921 
Creditors: amounts falling due after more than one year
(1,000)
(750)
Net assets
52 
7,171 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
51 
7,170 
Shareholders' funds
52 
7,171 
For the year ending 31 May 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 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 23 July 2025 and were signed on its behalf by
Robert Pope Director Company Registration No. 14865960
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Palomino Construction Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Palomino Construction Ltd is a private company, limited by shares, registered in England and Wales, registration number 14865960. The registered office is 102 Darwin Drive, Tonbridge, Kent, TN10 4SD, 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 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.
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
20% Straight Line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2024
4,200 
At 31 May 2025
4,200 
Depreciation
At 1 June 2024
841 
Charge for the year
841 
At 31 May 2025
1,682 
Net book value
At 31 May 2025
2,518 
At 31 May 2024
3,359 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
328 
50 
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Palomino Construction Ltd Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
1,170 
- 
Taxes and social security
3,453 
3,937 
4,623 
3,937 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Accruals
1,000 
750 
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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