Palm Tree Capital UK Limited - Accounts to registrar - small 16.1.1

REGISTERED NUMBER: 07387484 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2015

for

Palm Tree Capital UK Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A J H J Al Zaabi

REGISTERED OFFICE:

3rd Floor

1 Ashley Road

Altrincham

Cheshire

WA14 2DT

REGISTERED NUMBER:

07387484 (England and Wales)

ACCOUNTANTS:

Chelepis Watson Limited

Chartered Accountants

67 Westow Street

Upper Norwood

London

SE19 3RW

FIXED ASSETS

Intangible assets

5

1,537

1,537

CREDITORS

Amounts falling due within one year

6

(13,921

)

(12,082

)

NET CURRENT LIABILITIES

(13,921

)

(12,082

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,384

)

(10,545

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

(13,384

)

(11,545

)

SHAREHOLDERS' FUNDS

(12,384

)

(10,545

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2015 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 29 September 2016 and were signed by:

A J H J Al Zaabi - Director

1.	STATUTORY INFORMATION

Palm Tree Capital UK Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. This is the first year of adoption of FRS 102 section 1A. There are no transition adjustments.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the recognition of certain

financial assets and liabilities measured at fair value.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

5.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2015

and 31 December 2015

1,537

NET BOOK VALUE

At 31 December 2015

1,537

At 31 December 2014

1,537

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.15

31.12.14

£

£

Amounts owed to group undertakings

12,382

11,482

Other creditors

1,539

600

13,921

12,082