ACCOUNTS - Final Accounts preparation

Registered number: 13015596

PALS TOGETHER LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2025

PALS TOGETHER LIMITED

REGISTERED NUMBER: 13015596

BALANCE SHEET

AS AT 30 NOVEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Investments	3		15,000		15,000
			15,000		15,000
Current assets
Cash at bank and in hand	4	25		504
		25		504
Creditors: amounts falling due within one year	5	(17,239)		(17,718)
Net current liabilities			(17,214)		(17,214)
Total assets less current liabilities			(2,214)		(2,214)

Net liabilities			(2,214)		(2,214)

Capital and reserves
Called up share capital	100	100
Profit and loss account	(2,314)	(2,314)
	(2,214)	(2,214)

For the year ended 30 November 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements 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.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 31 August 2026.

Babatunde Dopemu

Director

Page 1

PALS TOGETHER LIMITED

REGISTERED NUMBER: 13015596

BALANCE SHEET (CONTINUED)

AS AT 30 NOVEMBER 2025

The notes on pages 3 to 4 form part of these financial statements.

Page 2

PALS TOGETHER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

1.	General information

The company is limited by shares and incorporated in England. The address of the registerd office is
given in the company information page of these financial statements.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. 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.

2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	Fixed asset investments

		Unlisted investments
		£
	Cost or valuation
	At 1 December 2024	15,000
	At 30 November 2025	15,000

Page 3

PALS TOGETHER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

4.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	25	504
	25	504

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other creditors	17,239	18,198
Accruals and deferred income	-	(480)
	17,239	17,718

Page 4