Registered number
08958301
PALWAR LTD
Unaudited Filleted Accounts
31 March 2025

PALWAR LTD
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of PALWAR LTD for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of PALWAR LTD for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance
Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF.
Weber & Associates
Chartered Accountants
5 St John's Lane
London
EC1M 4BH
8 December 2025

PALWAR LTD
Registered number: | 08958301
Balance Sheet
as at 31 March 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Investments | 3 |  |  | 1,534,492 |  |  | 447,215
Current assets
Debtors | 4 |  | 7,000 |  |  | 251,480
Cash at bank and in hand |  |  | 28,348 |  |  | 477,052
|  |  | 35,348 |  |  | 728,532
Creditors: amounts falling due within one year | 5 |  | (191,233) |  |  | (182,325)
Net current (liabilities)/assets |  |  |  | (155,885) |  |  | 546,207
Total assets less current liabilities |  |  |  | 1,378,607 |  |  | 993,422
Creditors: amounts falling due after more than one year | 6 |  |  | (1,000,754) |  |  | (650,712)
Net assets |  |  |  | 377,853 |  |  | 342,710
Capital and reserves
Called up share capital |  |  |  | 10 |  |  | 10
Share premium |  |  |  | 5,780 |  |  | 5,780
Profit and loss account |  |  |  | 372,063 |  |  | 336,920
Shareholders' funds |  |  |  | 377,853 |  |  | 342,710
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S. H. Khan
Director
Approved by the board on 8 December 2025

PALWAR LTD
Notes to the Accounts
for the year ended 31 March 2025
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| Going concern
| The directors, having assessed the available information and after making appropriate enquiries, have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable. The profit on disposal of investment is determined as the difference between the sale proceeds and the carrying value of the investment at the commencement of the accounting period plus additions in the period and any residual commitments. Rental income from incidental operations in connection with development properties is credited to other operating income on an accrual basis.
| Fixed asset investments
| Investments are stated at cost less impairment. Where fair value cannot be measured reliably, cost is considered the most appropriate basis. Investments are reviewed annually for indicators of impairment.
| Debtors
| Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 2 |  | 2
3 | Investments
Other
investments
£
| Cost
| At 1 April 2024 | 447,215
| Additions | 1,352,786
| Disposals | (265,509)
| At 31 March 2025 | 1,534,492
| There were no revaluations or impairment charges during the year (2024: £Nil).
4 | Debtors | 2025 |  | 2024
£ | £
| Other debtors | 7,000 |  | 251,480
5 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Corporation tax | 10,149 |  | 66,703
| Other creditors | 181,084 |  | 115,622
|  |  |  |  |  | 191,233 |  | 182,325
6 | Creditors: amounts falling due after one year | 2025 |  | 2024
£ | £
| Amounts owed to group undertakings |  | 1,000,754 |  | 650,712
7 | Related party transactions
|  |  |  |  |  | 2024 |  | 2023
£ | £
| Directors loan in order to facilitate the purchase of unlisted investments
| Amount due to the related party | 179,700 |  | 114,388
8 | Ultimate controlling party
| Evolution Medical Limited, a company incorporated in the England and Wales , controls the Company as a result of controlling, directly or indirectly, 80 per cent of the issued share capital of the Company.
9 | Other information
| PALWAR LTD is a private company limited by shares and incorporated in England. Its registered office is:
| 37 Calmont Road
| Bromley
| BR1 4BY

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