Paalam Consultancy Ltd

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the directors on the preparation of the unaudited statutory accounts of Paalam Consultancy Ltd for the year ended 31 May 2026

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Paalam Consultancy Ltd which comprise the Profit and Loss Account, the Balance Sheet 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Paalam Consultancy Ltd , as a body, in accordance with the terms of our engagement letter dated 24 August 2026. Our work has been undertaken solely to prepare for your approval the accounts of Paalam Consultancy Ltd and state those matters that we have agreed to state to the directors of Paalam Consultancy Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Paalam Consultancy Ltd and its directors as a body for our work or for this report.

It is your duty to ensure that Paalam Consultancy Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Paalam Consultancy Ltd . You consider that Paalam Consultancy Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Paalam Consultancy Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

25th August 2026

Ascendis Accountants, Business & Tax Advisors Ltd

Chartered Certified Accountants, Taxation and Business Advisors

First Floor, East Wing, Sandfield House

Kings Close, Water Lane

Wilmslow

Cheshire

SK9 5AR

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Paalam Consultancy Ltd

Balance Sheet

As At 31 May 2026

Balance Sheet

Registered number: 13373503

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,083		2,195

			1,083		2,195
CURRENT ASSETS
Debtors	5	22,309		1,522
Cash at bank and in hand		22,663		74,023

		44,972		75,545
Creditors: Amounts Falling Due Within One Year	6	(21,747 )		(24,726 )

NET CURRENT ASSETS (LIABILITIES)			23,225		50,819

TOTAL ASSETS LESS CURRENT LIABILITIES			24,308		53,014

PROVISIONS FOR LIABILITIES
Deferred Taxation	7		(271 )		(417 )

NET ASSETS			24,037		52,597

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			24,035		52,595

SHAREHOLDERS' FUNDS			24,037		52,597

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Paalam Consultancy Ltd

Balance Sheet (continued)

As At 31 May 2026

For the year ending 31 May 2026 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms Sivasankari Vinayagam

Director

25th August 2026

The notes on pages 4 to 6 form part of these financial statements.

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Paalam Consultancy Ltd

Notes to the Financial Statements

For The Year Ended 31 May 2026

Notes to the Financial Statements

1. General Information

Paalam Consultancy Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13373503 . The registered office is 2 Home Farm Avenue, Macclesfield, Cheshire, SK10 3QW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% Reducing balance
Computer Equipment	33.33% Straight line method

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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Paalam Consultancy Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 3)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 June 2025	419	4,034	4,453
Additions	192	-	192

As at 31 May 2026	611	4,034	4,645

Depreciation
As at 1 June 2025	243	2,015	2,258
Provided during the period	49	1,255	1,304

As at 31 May 2026	292	3,270	3,562

Net Book Value
As at 31 May 2026	319	764	1,083

As at 1 June 2025	176	2,019	2,195

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	6,905	600
Other debtors	15,404	922

	22,309	1,522

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	673	1,169
Taxation and social security	21,074	23,557

	21,747	24,726

7. Deferred Taxation

The provision for deferred tax is made up as follows:

	2026	2025
	£	£
Other timing differences	271	417

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Paalam Consultancy Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

8. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 June 2025	417	417
Deferred taxation	(146 )	(146 )

Balance at 31 May 2026	271	271

9. Share Capital

	2026	2025
Allotted, called up and fully paid	£	£
2 Ordinary Shares of £ 1.000 each	2	2

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 June 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 May 2026
	£	£	£	£	£
Mr Premanand Doraiswamy	(1,169 )	31,632	(15,308 )	-	15,155

The above loan is unsecured, interest free and repayable on demand.

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