The Palm Grill Ltd
The Palm Grill Ltd
Registered number: 8406940
Directors' Report and
Unaudited Financial Statements
For the Period 18 February 2013 to 31 March 2014
Bell Maison Limited
11 Ashurst Road
Cockfosters
Hertfordshire
EN4 9LE
The Palm Grill Ltd
Directors' Report and Financial Statements
For the Period 18 February 2013 to 31 March 2014
Directors' Report and Financial Statements
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| Company Information | 1 |
| Directors' Report | 2 |
| Accountant's Report | 3 |
| Dormant Profit and Loss Account Statement | 4 |
| Balance Sheet | 5 |
| Notes to the Accounts | 6 |
The Palm Grill Ltd
Company Information
For the Period 18 February 2013 to 31 March 2014
Company Information
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| Accountants | Bell Maison Limited |
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Page 1
The Palm Grill Ltd
Company No. 8406940
Directors' Report For the Period 18 February 2013 to 31 March 2014
Directors' Report
The directors present their report and the financial statements for the period ended 31 March 2014
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the company and of the profit or loss for that period. In preparing the financial statements the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The directors who held office during the period were as follows:
| Mr Arash Shaabani | APPOINTED | 18/02/2013 |
| Mr Murtadha Rajab | APPOINTED | 20/02/2014 |
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
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Page 2
The Palm Grill Ltd
Accountant's Report
For the Period 18 February 2013 to 31 March 2014
Accountant's Report
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Palm Grill Ltd for the year ended 31 March 2014 which comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.
This report is made solely to the Board of Directors of The Palm Grill Ltd , as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Palm Grill Ltd and state those matters that we have agreed to state to the Board of Directors of The Palm Grill Ltd , as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that The Palm Grill Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Palm Grill Ltd . You consider that The Palm Grill Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of The Palm Grill Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
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Bell Maison Ltd
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28th October 2014
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Bell Maison Limited
11 Ashurst Road
Cockfosters
Hertfordshire
EN4 9LE
Page 3
The Palm Grill Ltd
Dormant Profit and Loss Account Statement
For the Period 18 February 2013 to 31 March 2014
Dormant Profit and Loss Account Statement
The company has not traded during the year or the preceding financial year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
Page 4
The Palm Grill Ltd
Balance Sheet
As at
31 March 2014
Balance Sheet
| Period to 31 March 2014 | |||
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| Notes | £ | £ | |
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| Cash at bank and in hand |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||
| Called up share capital | 2 |
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| SHAREHOLDERS' FUNDS |
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Directors' responsibilities:
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The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. -
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
On behalf of the board
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Page 5
The Palm Grill Ltd
Notes to the Unaudited Accounts
For the Period 18 February 2013 to 31 March 2014
Notes to the Unaudited Accounts
Accounting Policies
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.
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