Company registration number 14461639 (England and Wales)
PALUM CONSULTING LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
PAGES FOR FILING WITH REGISTRAR
PALUM CONSULTING LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
PALUM CONSULTING LTD
BALANCE SHEET
AS AT
30 NOVEMBER 2025
30 November 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,120
1,494
Current assets
Cash at bank and in hand
6,644
8,616
Creditors: amounts falling due within one year
(8,358)
(8,123)
Net current (liabilities)/assets
(1,714)
493
Net (liabilities)/assets
(594)
1,987
Capital and reserves
Called up share capital
200
200
Profit and loss reserves
(794)
1,787
Total equity
(594)
1,987

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 20 August 2026 and are signed on its behalf by:
Mr S Srisathkurunathan
Director
Company registration number 14461639 (England and Wales)
PALUM CONSULTING LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 2 -
1
Accounting policies
Company information

Palum Consulting Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 167-169 Great Portland Street, London, United Kingdom, W1W 5PF.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents the value of sales to customers, net of discounts, allowances, volume and promotional rebates and other payments to customers and excludes VAT. Sale of goods are recognised when the company has delivered product to the c ustomer, the customer has accepted the products and collectability of the related receivable is reasonably assured

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% on reducing balance
Computers equipment
25% on reducing balance
1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

PALUM CONSULTING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 3 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Tangible fixed assets
Fixtures and fittings
Computers equipment
Total
£
£
£
Cost
At 1 December 2024 and 30 November 2025
748
1,783
2,531
Depreciation and impairment
At 1 December 2024
300
737
1,037
Depreciation charged in the year
112
262
374
At 30 November 2025
412
999
1,411
Carrying amount
At 30 November 2025
336
784
1,120
At 30 November 2024
448
1,046
1,494
2025-11-30 2024-12-01 false false false 20 August 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr S Srisathkurunathan Mrs Y Srisathkurunathan 14461639 2024-12-01 2025-11-30 14461639 2025-11-30 14461639 2024-11-30 14461639 core:FurnitureFittings 2025-11-30 14461639 core:ComputerEquipment 2025-11-30 14461639 core:FurnitureFittings 2024-11-30 14461639 core:ComputerEquipment 2024-11-30 14461639 core:WithinOneYear 2025-11-30 14461639 core:WithinOneYear 2024-11-30 14461639 core:ShareCapital 2025-11-30 14461639 core:ShareCapital 2024-11-30 14461639 core:RetainedEarningsAccumulatedLosses 2025-11-30 14461639 core:RetainedEarningsAccumulatedLosses 2024-11-30 14461639 bus:Director1 2024-12-01 2025-11-30 14461639 core:FurnitureFittings 2024-12-01 2025-11-30 14461639 core:ComputerEquipment 2024-12-01 2025-11-30 14461639 2023-12-01 2024-11-30 14461639 core:FurnitureFittings 2024-11-30 14461639 core:ComputerEquipment 2024-11-30 14461639 2024-11-30 14461639 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 14461639 bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 14461639 bus:FRS102 2024-12-01 2025-11-30 14461639 bus:AuditExemptWithAccountantsReport 2024-12-01 2025-11-30 14461639 bus:Director2 2024-12-01 2025-11-30 14461639 bus:FullAccounts 2024-12-01 2025-11-30 xbrli:pure xbrli:shares iso4217:GBP