Palmtree Networks Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 09280149 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

PALMTREE NETWORKS LIMITED

Page

Statement of Financial Position

1

FIXED ASSETS

1,251

2,502

CURRENT ASSETS

48,372

60,654

CREDITORS

Amounts falling due within one year

(26,081

)

(13,615

)

NET CURRENT ASSETS

22,291

47,039

TOTAL ASSETS LESS CURRENT LIABILITIES

23,542

49,541

CAPITAL AND RESERVES

23,542

49,541

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Palmtree Networks Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09280149

Registered office:

Eagle House

28 Billing Road

Northampton

Northamptonshire

NN1 5AJ

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2022 - 1 ) .

3.	TRANSACTIONS WITH DIRECTORS

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023

2022

£

£

P Chinnasamy

Balance outstanding at start of year

7,034

10,520

Amounts advanced

150

7,354

Amounts repaid

(468

)

(10,840

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,716

7,034

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(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 Sections 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.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 19 December 2023 and were signed by:

P Chinnasamy - Director