smallAccCompHo_0921.xslt
01/11/2024 31/10/2025 false false false Easy Digital Filing 2020_1 08262525 business:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 08262525 2024-11-01 08262525 2025-10-31 08262525 2024-11-01 2025-10-31 08262525 2023-11-01 08262525 2024-10-31 08262525 2023-11-01 2024-10-31 08262525 business:Director1 2024-11-01 2025-10-31 08262525 business:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 08262525 business:FRS102 2024-11-01 2025-10-31 08262525 business:AbridgedAccounts 2024-11-01 2025-10-31 08262525 core:WithinOneYear 2025-10-31 08262525 core:WithinOneYear 2024-10-31 08262525 core:AfterOneYear 2025-10-31 08262525 core:AfterOneYear 2024-10-31 08262525 core:Goodwill 2024-11-01 2025-10-31 08262525 core:Goodwill 2024-11-01 08262525 core:Goodwill 2025-10-31 08262525 core:IntangibleAssetsOtherThanGoodwill 2024-11-01 2025-10-31 08262525 core:IntangibleAssetsOtherThanGoodwill 2024-11-01 08262525 core:IntangibleAssetsOtherThanGoodwill 2025-10-31 08262525 core:LandBuildings 2024-11-01 2025-10-31 08262525 core:LandBuildings 2024-11-01 08262525 core:LandBuildings 2025-10-31 08262525 core:PlantMachinery 2024-11-01 2025-10-31 08262525 core:PlantMachinery 2024-11-01 08262525 core:PlantMachinery 2025-10-31 08262525 core:MotorVehicles 2024-11-01 2025-10-31 08262525 core:MotorVehicles 2024-11-01 08262525 core:MotorVehicles 2025-10-31 08262525 core:FurnitureFittingsToolsEquipment 2024-11-01 2025-10-31 08262525 core:FurnitureFittingsToolsEquipment 2024-11-01 08262525 core:FurnitureFittingsToolsEquipment 2025-10-31 08262525 core:ComputerEquipment 2024-11-01 2025-10-31 08262525 core:ComputerEquipment 2024-11-01 08262525 core:ComputerEquipment 2025-10-31 08262525 core:ShareCapital 2024-10-31 08262525 core:ShareCapital 2025-10-31 08262525 core:SharePremium 2024-10-31 08262525 core:SharePremium 2025-10-31 08262525 core:RevaluationReserve 2024-10-31 08262525 core:RevaluationReserve 2025-10-31 08262525 core:CapitalRedemptionReserve 2024-10-31 08262525 core:CapitalRedemptionReserve 2025-10-31 08262525 core:CapitalContributionReserve 2024-10-31 08262525 core:CapitalContributionReserve 2025-10-31 08262525 core:OtherReservesSubtotal 2024-10-31 08262525 core:OtherReservesSubtotal 2025-10-31 08262525 core:RetainedEarningsAccumulatedLosses 2025-10-31 08262525 core:RetainedEarningsAccumulatedLosses 2024-10-31 iso4217:GBP xbrli:pure
Company Registration No. 08262525 (England and Wales)

PALMER STEEL LTD
Financial Statements
for the Period from 01 November 2024 to 31 October 2025

## PALMER STEEL LTD

### Financial Statements for the period ending 31 October 2025

CONTENTS | PAGE
Company Information | 2
Statement of Financial Position | 3
Notes to the Accounts | 4

## PALMER STEEL LTD

### Financial Statements for the period ending 31 October 2025

#### Company Information

Company Details
Company Number | 08262525
Registered Office | UNIT 3 CORNELLS LANE WIDDINGTON
| SAFFRON WALDEN
| CB11 3SP
Directors
Directors who held office during the period were:
Bryan Gregory PALMER

## PALMER STEEL LTD

### Financial Statements for the period ending 31 October 2025

#### Statement of Financial Position

12345678

| Notes | 2025 |  | 2024
|  | £ |  | £
Fixed Assets |  |  |  |
Tangible assets | 5 | 17,374 |  | 23,447
Current Assets |  |  |  |
Debtors due | 6 | 47,352 |  | 23,810
Cash at bank and in hand |  | 60,815 |  | 30,503
|  | 108,167 |  | 54,313
Creditors |  |  |  |
Amount falling due within one year | 7 | (82,369) |  | (51,811)
Net Current Assets |  | 25,798 |  | 2,502
Total Assets less current liabilities |  | 43,172 |  | 25,949
Creditors due after more than one year | 8 | - |  | (6,681)
Net Assets |  | 43,172 |  | 19,268
Capital and Reserves |  |  |  |
Called up Share Capital |  | 1 |  | 1
Retained earnings at end of year |  | 43,171 |  | 19,267
Shareholder funds |  | 43,172 |  | 19,268

For the year ending 31/10/2025 the company was entitled to exemption 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared 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.
Approved by the Board on 13 July 2026
Bryan Palmer
Company Registration No. 08262525

## PALMER STEEL LTD

### Financial Statements for the period ending 31 October 2025

#### Notes to the Accounts

1. Statutory Information
PALMER STEEL LTD is a private company, limited by shares, registered in England and Wales, registration number 08262525.
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
Presentation Currency
The accounts are presented in £ sterling.

## PALMER STEEL LTD

### Financial Statements for the period ending 31 October 2025

#### Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2025 | 5
2024 | 3
4. Principal Activity
Principal activity of the company during the financial period was steel fabrication.

## PALMER STEEL LTD

### Financial Statements for the period ending 31 October 2025

#### Notes to the Accounts

5. Fixed Assets
|  | Plant and Machinery |  | Motor Vehicles |  | Fixtures and Fittings |  | Total
Cost or valuation |  | £ |  | £ |  | £ |  | £
At 01/11/2024 |  | 41,308 |  | 3,833 |  | 1,405 |  | 52,100
Additions |  | 1,443 |  | - |  | - |  | 1,443
At 31/10/2025 |  | 42,751 |  | 3,833 |  | 1,405 |  | 53,543
Depreciation |  |  |  |  |  |  |  |
At 01/11/2024 |  | 19,539 |  | 2,577 |  | 983 |  | 28,653
Charge for the year |  | 7,181 |  | 251 |  | 84 |  | 7,516
At 31/10/2025 |  | 26,720 |  | 2,828 |  | 1,067 |  | 36,169
Net Book Value |  |  |  |  |  |  |  |
At 31/10/2025 |  | 16,031 |  | 1,005 |  | 338 |  | 17,374
At 31/10/2024 |  | 21,769 |  | 1,256 |  | 422 |  | 23,447

## PALMER STEEL LTD

### Financial Statements for the period ending 31 October 2025

#### Notes to the Accounts

6. Debtors |  |
|  | 2025 |  | 2024
|  | £ |  | £
Trade debtors |  | 33,702 |  | 16,514
Other debtors |  | 11,230 |  | 4,496
Prepayment and accrued income |  | 2,420 |  | 2,800
|  | 47,352 |  | 23,810

7. Creditors: amount falling due within one year |  |
|  | 2025 |  | 2024
|  | £ |  | £
Bank Loans and other overdrafts |  | 21,045 |  | 34,101
Trade Creditors |  | 39,478 |  | 6,513
Other tax and social security |  | 19,789 |  | 11,079
Other Creditors |  | 1,889 |  | -
Accruals and deferred income |  | 168 |  | 118
|  | 82,369 |  | 51,811

## PALMER STEEL LTD

### Financial Statements for the period ending 31 October 2025

#### Notes to the Accounts

8. Creditors: amount falling due after one year |  |
|  | 2025 |  | 2024
|  | £ |  | £
Bank Loans and overdrafts |  | - |  | 6,681
|  | - |  | 6,681