2021-08-01 2022-07-31 false Capium Accounts Production 1.1 12096030 bus:AbridgedAccounts 2021-08-01 2022-07-31 12096030 bus:FRS102 2021-08-01 2022-07-31 12096030 bus:AuditExemptWithAccountantsReport 2021-08-01 2022-07-31 12096030 bus:SmallCompaniesRegimeForAccounts 2021-08-01 2022-07-31 12096030 bus:PrivateLimitedCompanyLtd 2021-08-01 2022-07-31 12096030 2021-08-01 2022-07-31 12096030 2022-07-31 12096030 bus:RegisteredOffice 2021-08-01 2022-07-31 12096030 core:WithinOneYear 2022-07-31 12096030 core:AfterOneYear 2022-07-31 12096030 bus:Director1 2021-08-01 2022-07-31 12096030 bus:Director1 2022-07-31 12096030 bus:Director1 2020-08-01 2021-07-31 12096030 2020-08-01 12096030 bus:CompanySecretary1 2021-08-01 2022-07-31 12096030 bus:LeadAgentIfApplicable 2021-08-01 2022-07-31 12096030 2020-08-01 2021-07-31 12096030 2021-07-31 12096030 core:WithinOneYear 2021-07-31 12096030 core:AfterOneYear 2021-07-31 12096030 bus:EntityAccountantsOrAuditors 2020-08-01 2021-07-31 12096030 bus:OrdinaryShareClass1 2021-08-01 2022-07-31 12096030 bus:OrdinaryShareClass1 2022-07-31 12096030 bus:OrdinaryShareClass1 2020-08-01 2021-07-31 12096030 bus:OrdinaryShareClass1 2021-07-31 12096030 core:LandBuildings 2021-08-01 2022-07-31 12096030 core:LandBuildings 2022-07-31 12096030 core:LandBuildings 2021-07-31 12096030 core:PlantMachinery 2021-08-01 2022-07-31 12096030 core:PlantMachinery 2022-07-31 12096030 core:PlantMachinery 2021-07-31 12096030 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-07-31 12096030 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2021-07-31 12096030 core:CostValuation core:Non-currentFinancialInstruments 2022-07-31 12096030 core:CostValuation core:Non-currentFinancialInstruments 2021-07-31 12096030 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2022-07-31 12096030 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2022-07-31 12096030 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2022-07-31 12096030 core:Non-currentFinancialInstruments 2022-07-31 12096030 core:Non-currentFinancialInstruments 2021-07-31 12096030 core:ShareCapital 2022-07-31 12096030 core:ShareCapital 2021-07-31 12096030 core:RetainedEarningsAccumulatedLosses 2022-07-31 12096030 core:RetainedEarningsAccumulatedLosses 2021-07-31 12096030 dpl:Item1 2021-08-01 12096030 dpl:Item1 2022-07-31 12096030 dpl:Item1 2020-08-01 12096030 dpl:Item1 2021-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 12096030
England and Wales

 

 

 

HEALTH PARADISE LTD


Abridged Accounts
 


Period of accounts

Start date: 01 August 2021

End date: 31 July 2022
Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 July 2022 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
NF Financial Solutions Ltd
31 July 2022



....................................................
NF Financial Solutions Ltd
29
Frensham Close
Southall
UB1 2YF
28 August 2022
1
 
 
Notes
 
2022
£
  2021
£
Fixed assets      
Tangible fixed assets 72,704    89,281 
72,704    89,281 
Current assets      
Debtors 419,268    155,155 
Cash at bank and in hand 5,094    43,071 
424,362    198,226 
Creditors: amount falling due within one year (103,898)   (30,676)
Net current assets 320,464    167,550 
 
Total assets less current liabilities 393,168    256,831 
Bank & Director's Loans (356,057)   (252,620)
Net assets 37,111    4,211 
 

Capital and reserves
     
Called up share capital 2    2 
Profit and loss account 37,109    4,209 
Shareholder's funds 37,111    4,211 
 


For the year ended 31 July 2022 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the companies act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 28 August 2022 and were signed by:


--------------------------------
Dr Elham Sattari
Director
2
General Information
Health Paradise Ltd is a private company, limited by shares, registered in England and Wales, registration number 12096030, registration address 16 Thayer Street, London, W1U 3JU

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:  Reducing balance method





Land and buildings 10%
Plant and machinery etc 18%
2.

Average number of employees

Average number of employees during the year was 6 (2021 : 6).
3.

Tangible fixed assets

Cost or valuation Land and buildings   Plant and machinery etc   Total
  £   £   £
At 01 August 2021 52,967    54,185    107,152 
Additions    
Disposals   (6,250)   (6,250)
At 31 July 2022 52,967    47,935    100,902 
Depreciation
At 01 August 2021 11,539    10,918    22,457 
Charge for year   6,866    6,866 
On disposals   (1,125)   (1,125)
At 31 July 2022 11,539    16,659    28,198 
Net book values
Closing balance as at 31 July 2022 41,428    31,276    72,704 
Opening balance as at 01 August 2021 46,014    43,267    89,281 


4.

Share Capital

Authorised
1 Class A share of £1.00 each
Allotted, called up and fully paid
2022
£
  2021
£
1 Class A share of £1.00 each  
 

5.

Director’s loan

Director's Loan Account

The director, Dr. Elham Sattari (who is also the majority shareholder) has made loan payments to the Company . The note number 07 to the Accounts shows the total amount loaned to the company by the Director, as at 31st July 2021 ( £202,620.00). As per agreements, loans will only be repaid after 5 years from the date of receipts of such loans by the company, and It should only be repaid without causing liquidity issues to the Company.

3