Company Registration No. 07854447 (England and Wales)
PALANKI LTD
Unaudited accounts
for the year ended 30 November 2017
PALANKI LTD
Unaudited accounts
Contents
PALANKI LTD
Company Information
for the year ended 30 November 2017
Directors
ATTILA PALANKI
KATALIN NOEMI EGRI
Company Number
07854447 (England and Wales)
Registered Office
77 HIGH STREET
LITTLEHAMPTON
BN17 5AG
ENGLAND
PALANKI LTD
Statement of financial position
as at 30 November 2017
Cash at bank and in hand
9,061
34,292
Creditors: amounts falling due within one year
(2,570)
(24,097)
Net current assets
6,491
10,195
Called up share capital
100
100
Profit and loss account
6,391
10,095
Shareholders' funds
6,491
10,195
For the year ending 30 November 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 26 July 2018.
ATTILA PALANKI
Director
Company Registration No. 07854447
PALANKI LTD
Notes to the Accounts
for the year ended 30 November 2017
PALANKI LTD is a private company, limited by shares, registered in England and Wales, registration number 07854447. The registered office is 77 HIGH STREET, LITTLEHAMPTON, BN17 5AG, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 November 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
2,467
2,594
Loans from directors
103
21,503
5
Average number of employees
During the year the average number of employees was 2 (2016: 2).
