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Company Registration No. 14422527 (England and Wales)
Palmela (UK) Ltd Unaudited accounts for the year ended 31 December 2024
Palmela (UK) Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Palmela (UK) Ltd Company Information for the year ended 31 December 2024
Director
Tom Meganck
Secretary
Company Director
Company Number
14422527 (England and Wales)
Registered Office
Sarnia Ulley Road Kennington Ashford Kent TN24 9HU England
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Palmela (UK) Ltd Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Investments
4
-
347,981
Current assets
Debtors
5
17,634
477,316
Cash at bank and in hand
35,469
10,632
53,103
487,948
Creditors: amounts falling due within one year
6
-
(162,056)
Net current assets
53,103
325,892
Net assets
53,103
673,873
Capital and reserves
Called up share capital
775,000
775,000
Profit and loss account
(721,897)
(101,127)
Shareholders' funds
53,103
673,873
For the year ending 31 December 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 29 July 2025 and were signed on its behalf by
Tom Meganck Director Company Registration No. 14422527
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Palmela (UK) Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Palmela (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 14422527. The registered office is Sarnia, Ulley Road, Kennington, Ashford, Kent, TN24 9HU, England. The company is in the process of being wound up.
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.
4
Investments
Subsidiary undertakings
£
Valuation at 1 January 2024
347,981
Disposals
(347,981)
Valuation at 31 December 2024
-
5
Debtors
2024
2023
£
£
Amounts falling due within one year
VAT
17,634
11,709
Other debtors
-
51,974
17,634
63,683
Amounts falling due after more than one year
Amounts due from group undertakings etc.
-
413,633
6
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
-
15,648
Loans from directors
-
146,408
-
162,056
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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