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Company Registration No. 13380422 (England and Wales)
PALMAR TRADING LTD Unaudited accounts for the year ended 31 May 2025
PALMAR TRADING LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PALMAR TRADING LTD Company Information for the year ended 31 May 2025
Director
Sk Marvina
Company Number
13380422 (England and Wales)
Registered Office
17 DELAMERE ROAD HAYES UB4 0NL ENGLAND
Accountants
S&H Accountants 35 School Walk Manchester M16 7GD
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PALMAR TRADING LTD Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
646
762
Current assets
Inventories
3,557
4,357
Cash at bank and in hand
1,406
1,906
4,963
6,263
Creditors: amounts falling due within one year
5
(13,188)
(15,030)
Net current liabilities
(8,225)
(8,767)
Net liabilities
(7,579)
(8,005)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(7,679)
(8,105)
Shareholders' funds
(7,579)
(8,005)
For the year ending 31 May 2025 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 her 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 19 February 2026 and were signed on its behalf by
Sk Marvina Director Company Registration No. 13380422
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PALMAR TRADING LTD Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
PALMAR TRADING LTD is a private company, limited by shares, registered in England and Wales, registration number 13380422. The registered office is 17 DELAMERE ROAD, HAYES, UB4 0NL, ENGLAND.
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:
Computer equipment
15 % Reducicing Balance Method
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 June 2024
1,200
At 31 May 2025
1,200
Depreciation
At 1 June 2024
438
Charge for the year
116
At 31 May 2025
554
Net book value
At 31 May 2025
646
At 31 May 2024
762
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
918
104
Loans from directors
12,270
14,926
13,188
15,030
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PALMAR TRADING LTD Notes to the Accounts for the year ended 31 May 2025
6
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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