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Company Registration No. 11723957 (England and Wales)
PAL INVESTMENT HOLDINGS UK LIMITED Unaudited accounts for the year ended 31 December 2024
PAL INVESTMENT HOLDINGS UK LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PAL INVESTMENT HOLDINGS UK LIMITED Company Information for the year ended 31 December 2024
Director
OTUYALO, Ayoola Omoleye
Company Number
11723957 (England and Wales)
Registered Office
51 Holland Street London W8 7JB United Kingdom
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PAL INVESTMENT HOLDINGS UK LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
660,351 
660,351 
Current assets
Debtors
5
10,000 
10,000 
Cash at bank and in hand
1,958 
4,282 
11,958 
14,282 
Creditors: amounts falling due within one year
6
(2,500)
(2,500)
Net current assets
9,458 
11,782 
Total assets less current liabilities
669,809 
672,133 
Creditors: amounts falling due after more than one year
7
(678,974)
(673,224)
Net liabilities
(9,165)
(1,091)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(9,166)
(1,092)
Shareholders' funds
(9,165)
(1,091)
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 5 September 2025 and were signed on its behalf by
OTUYALO, Ayoola Omoleye Director Company Registration No. 11723957
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PAL INVESTMENT HOLDINGS UK LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
PAL INVESTMENT HOLDINGS UK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11723957. The registered office is 51 Holland Street, London, W8 7JB, United Kingdom.
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 January 2024
660,351 
At 31 December 2024
660,351 
Depreciation
At 31 December 2024
- 
Net book value
At 31 December 2024
660,351 
At 31 December 2023
660,351 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
10,000 
10,000 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Accruals
2,500 
2,500 
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PAL INVESTMENT HOLDINGS UK LIMITED Notes to the Accounts for the year ended 31 December 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
678,974 
673,224 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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