Palmaire Developments Limited,Ltd - AccountsLtd - Accounts
Palmaire Developments Limited,Ltd - AccountsLtd - Accounts
Registered Number:SC078425 |
For the year ended 31 May 2018
Scotland
Unaudited Financial Statements
2
For the year ended 31 May 2018
Palmaire Developments Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at |
Palmaire Developments Limited
Statement of Financial Position
Registered Number : |
£ |
£ |
2017
2018
Notes |
Fixed assets |
2
Investment property |
Current assets |
Financial assets |
3
Cash and cash equivalents |
Trade and other payables: amounts falling due within one |
year |
(5,694 )
(11,365 )
4
36,810
Net current assets
Total assets less current liabilities |
Net assets
Capital and reserves |
Called up share capital |
Revaluation reserve |
5
Retained earnings |
Shareholders' funds
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
These financial statements were approved and authorised for issue by the Board on |
The notes form part of these financial statements |
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4
For the year ended 31 May 2018
Palmaire Developments Limited
Notes to the Financial Statements
Statutory Information
Palmaire Developments Limited is a private limited company, limited by shares, domiciled in Scotland, registration |
number SC078425. |
Principal place of business: |
60 Paisley Road
Renfrew
PA4 8EW
Registered address: |
111a Neilston Road
Paisley
Paisley
PA2 6ER
The presentation currency is £ sterling. |
1. Accounting policies |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
2. Investment property |
Total |
£ |
Fair value |
At 01 June 2017 |
At 31 May 2018 |
Net book value |
At 31 May 2018 |
At 31 May 2017 |
3. Financial instruments at fair value |
2017
2018
£ |
£ |
Other investments |
1,000
1,000
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5
For the year ended 31 May 2018
Palmaire Developments Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year |
2017
2018
£ |
£ |
Taxation and social security |
Other creditors |
5. Reserves |
Total |
£ |
Revaluation reserve at 01 June 2017 |
28,934
28,934
Revaluation reserve at 31 May 2018 |
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