PALACE ENTERPRISES LIMITED

Company Registration Number:
10591888 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2025

Period of accounts

Start date: 01 January 2025

End date: 31 December 2025

PALACE ENTERPRISES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2025

Balance sheet
Notes

PALACE ENTERPRISES LIMITED

Balance sheet

As at 31 December 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 7,412 7,583
Total fixed assets: 7,412 7,583
Current assets
Stocks: 12,313 12,524
Debtors:   113,201 116,050
Cash at bank and in hand: 312,336 200,366
Total current assets: 437,850 328,940
Creditors: amounts falling due within one year:   (337,472) (293,961)
Net current assets (liabilities): 100,378 34,979
Total assets less current liabilities: 107,790 42,562
Total net assets (liabilities): 107,790 42,562
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 107,789 42,561
Shareholders funds: 107,790 42,562

The notes form part of these financial statements

PALACE ENTERPRISES LIMITED

Balance sheet statements

For the year ending 31 December 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 July 2026
and signed on behalf of the board by:

Name: P D D'Silva
Status: Director

The notes form part of these financial statements

PALACE ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PALACE ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

2. Employees

2025 2024
Average number of employees during the period 18 24

PALACE ENTERPRISES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2025

3. Tangible Assets

Total
Cost £
At 01 January 2025 36,084
Additions 2,300
At 31 December 2025 38,384
Depreciation
At 01 January 2025 28,501
Charge for year 2,471
At 31 December 2025 30,972
Net book value
At 31 December 2025 7,412
At 31 December 2024 7,583