Company Registration No. 09152258 (England and Wales)
Pallmall Communications Ltd
Unaudited accounts
for the period from 1 August 2018 to 30 April 2019
Pallmall Communications Ltd
Unaudited accounts
Contents
Pallmall Communications Ltd
Company Information
for the period from 1 August 2018 to 30 April 2019
Company Number
09152258 (England and Wales)
Registered Office
100 Pall Mall
London
SW1Y 5NQ
England
Pallmall Communications Ltd
Statement of financial position
as at 30 April 2019
Tangible assets
26,363
28,064
Cash at bank and in hand
2,753,866
1,583,580
Creditors: amounts falling due within one year
(2,054,903)
(1,573,932)
Net current assets
979,217
200,133
Net assets
1,005,580
228,197
Called up share capital
100
100
Profit and loss account
1,005,480
228,097
Shareholders' funds
1,005,580
228,197
For the period ending 30 April 2019 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 director acknowledges his 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 the period in accordance with Section 444(2A).
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 17 September 2019.
Gerard Russell
Director
Company Registration No. 09152258
Pallmall Communications Ltd
Notes to the Accounts
for the period from 1 August 2018 to 30 April 2019
Pallmall Communications Ltd is a private company, limited by shares, registered in England and Wales, registration number 09152258. The registered office is 100 Pall Mall, London, SW1Y 5NQ, England.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% on the reducing balance method
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Tangible fixed assets
Total
Charge for the period
4,652
Pallmall Communications Ltd
Notes to the Accounts
for the period from 1 August 2018 to 30 April 2019
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
6
Average number of employees
During the period the average number of employees was 6 (2018: 6).
