REGISTERED NUMBER: 10402930 (England and Wales)

Unaudited Financial Statements for the Year Ended 29th March 2025

for

Palissy Advisors Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M E A Raimbault

A Hammami

REGISTERED OFFICE:

49 Maple House

Empire Way

Wembley

HA9 0FY

REGISTERED NUMBER:

10402930 (England and Wales)

ACCOUNTANTS:

Aquarius Tax Consultancy Limited

Suite 1B The Beehive

Lions Drive

Shadsworth Business Park

Blackburn

Lancashire

BB1 2QS

FIXED ASSETS

Tangible assets

4

1,847

5,897

Investments

5

17,008

17,008

18,855

22,905

CURRENT ASSETS

Debtors

6

1,666,491

468,198

Cash at bank

404,151

1,558,380

2,070,642

2,026,578

CREDITORS

Amounts falling due within one year

7

160,393

145,056

NET CURRENT ASSETS

1,910,249

1,881,522

TOTAL ASSETS LESS CURRENT LIABILITIES

1,929,104

1,904,427

CREDITORS

Amounts falling due after more than one year

8

20,801

25,193

NET ASSETS

1,908,303

1,879,234

CAPITAL AND RESERVES

Called up share capital

115

115

Retained earnings

1,908,188

1,879,119

1,908,303

1,879,234

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th 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 3rd November 2025 and were signed on its behalf by:

M E A Raimbault - Director

1.	STATUTORY INFORMATION

Palissy Advisors Limited 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

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

Plant and

machinery

etc

£

COST

At 30th March 2024

and 29th March 2025

21,175

DEPRECIATION

At 30th March 2024

15,278

Charge for year

4,050

At 29th March 2025

19,328

NET BOOK VALUE

At 29th March 2025

1,847

At 29th March 2024

5,897

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 30th March 2024

and 29th March 2025

17,008

NET BOOK VALUE

At 29th March 2025

17,008

At 29th March 2024

17,008

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.3.25

29.3.24

£

£

Trade debtors

64,779

28,908

Other debtors

1,601,712

439,290

1,666,491

468,198

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.3.25

29.3.24

£

£

Bank loans and overdrafts

4,465

5,348

Taxation and social security

153,152

136,671

Other creditors

2,776

3,037

160,393

145,056

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

29.3.25

29.3.24

£

£

Bank loans

20,801

25,193

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29th March 2025 and 29th March 2024:

29.3.25

29.3.24

£

£

M E A Raimbault

Balance outstanding at start of year

(388,524

)

(381,204

)

Amounts advanced

(1,550,945

)

(388,524

)

Amounts repaid

387,734

381,204

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,551,735

)

(388,524

)

10.	RELATED PARTY DISCLOSURES

At the year end the company was owed £50,650 (2024 - £50,650) from Palissy SAS, a company in which Matthieu Raimbault is a director.