REGISTERED NUMBER: 12109656 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

A.T. Palmer Developments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs N J Palmer

S R Palmer

REGISTERED OFFICE:

Smarden Business Estate

Smarden

Ashford

TN27 8QL

REGISTERED NUMBER:

12109656 (England and Wales)

ACCOUNTANTS:

Nichols & Co ( Accountancy ) Limited

Chartered Accountants

Unit 7

Mulberry Place

Pinnell Road

Eltham

London

SE9 6AR

FIXED ASSETS

Tangible assets

4

396

528

CURRENT ASSETS

Debtors

5

24

18,267

Cash at bank

146,704

153,539

146,728

171,806

CREDITORS

Amounts falling due within one year

6

(21,510

)

(17,822

)

NET CURRENT ASSETS

125,218

153,984

TOTAL ASSETS LESS CURRENT LIABILITIES

125,614

154,512

PROVISIONS FOR LIABILITIES

7

(99

)

(132

)

NET ASSETS

125,515

154,380

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

125,415

154,280

SHAREHOLDERS' FUNDS

125,515

154,380

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2025 and were signed on its behalf by:

Mrs N J Palmer - Director

1.	STATUTORY INFORMATION

A.T. Palmer Developments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

939

DEPRECIATION

At 1 April 2024

411

Charge for year

132

At 31 March 2025

543

NET BOOK VALUE

At 31 March 2025

396

At 31 March 2024

528

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

24

1,477

Directors' current accounts

-

16,790

24

18,267

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Directors' current accounts

3,288

-

Accrued expenses

18,222

17,822

21,510

17,822

7.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

99

132

Deferred tax

£

Balance at 1 April 2024

132

Provided during year

(33

)

Balance at 31 March 2025

99

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 April 2024

154,280

Deficit for the year

(28,865

)

At 31 March 2025

125,415

10.	RELATED PARTY DISCLOSURES

Included in creditors - falling due within one year, is an amount of £3,288 due to the company directors. In 2024, the directors owed £16,790 to the company.

Loan interest of £Nil (2024 - £1,712) have been charged to the company on the outstanding balance during the year ended 31st March 2025. There are no fixed repayment terms to the loan and it has been repaid during the year.

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.