IP_PALACE_LIMITED - Accounts


Company registration number 10769413 (England and Wales)
IP PALACE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023
PAGES FOR FILING WITH REGISTRAR
IP PALACE LIMITED
BALANCE SHEET
AS AT
31 MAY 2023
31 May 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
287,495
287,495
Current assets
13,593
11,735
Creditors: amounts falling due within one year
(291,762)
(295,827)
Net current liabilities
(278,169)
(284,092)
Total assets less current liabilities
9,326
3,403
Net assets
9,326
3,403
Capital and reserves
9,326
3,403
Notes to the financial statements
1
Employees

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

2023
2022
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, Islington, London, United Kingdom, N5 1PT.

For the year ended 31 May 2023 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 director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

IP PALACE LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MAY 2023
31 May 2023
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 16 February 2024
..............................................
Mr P  Imbrauglio
Director
Company registration number 10769413 (England and Wales)
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