IP_PALACE_LIMITED - Accounts


Company registration number 10769413 (England and Wales)
IP PALACE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2022
PAGES FOR FILING WITH REGISTRAR
IP PALACE LIMITED
BALANCE SHEET
AS AT
31 MAY 2022
31 May 2022
- 1 -
2022
2021
£
£
£
£
Fixed assets
287,495
287,495
Current assets
11,735
11,028
Creditors: amounts falling due within one year
(295,827)
(284,943)
Net current liabilities
(284,092)
(273,915)
Total assets less current liabilities
3,403
13,580
Net assets
3,403
13,580
Capital and reserves
3,403
13,580
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2022
2021
Number
Number
Employees
1
1

IP Palace Limited is a private company limited by shares incorporated in England and Wales. The registered office is 51 Melgund Road, Top Floor Flat, London, N5 1PT.

For the year ended 31 May 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 24 February 2023
Mr P  Imbrauglio
Director
Company registration number 10769413 (England and Wales)
2022-05-312021-06-01falseCCH SoftwareCCH Accounts Production 2022.300No description of principal activityMr Paolo Imbrauglio107694132021-06-012022-05-31107694132022-05-31107694132021-05-3110769413core:CurrentFinancialInstrumentscore:WithinOneYear2022-05-3110769413core:CurrentFinancialInstrumentscore:WithinOneYear2021-05-31107694132020-06-012021-05-3110769413bus:Director12021-06-012022-05-3110769413bus:PrivateLimitedCompanyLtd2021-06-012022-05-3110769413bus:SmallCompaniesRegimeForAccounts2021-06-012022-05-3110769413bus:Micro-entities2021-06-012022-05-3110769413bus:AuditExemptWithAccountantsReport2021-06-012022-05-3110769413bus:FullAccounts2021-06-012022-05-31xbrli:purexbrli:sharesiso4217:GBP