PRIZE PARADISE LTD

Company Registration Number:
12677065 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

PRIZE PARADISE LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

PRIZE PARADISE LTD

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 16,581 11,360
Tangible assets: 4 104,227 34,897
Total fixed assets: 120,808 46,257
Current assets
Debtors:   159,065 10,035
Cash at bank and in hand: 133,906 126,148
Total current assets: 292,971 136,183
Creditors: amounts falling due within one year:   (70,914) (11,119)
Net current assets (liabilities): 222,057 125,064
Total assets less current liabilities: 342,865 171,321
Creditors: amounts falling due after more than one year:   (120,000) (11,654)
Provision for liabilities: (123,350) (98,986)
Total net assets (liabilities): 99,515 60,681
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 99,513 60,679
Shareholders funds: 99,515 60,681

The notes form part of these financial statements

PRIZE PARADISE LTD

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 September 2023
and signed on behalf of the board by:

Name: Mr R Osborne
Status: Director

The notes form part of these financial statements

PRIZE PARADISE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PRIZE PARADISE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 3 3

PRIZE PARADISE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Intangible Assets

Total
Cost £
At 01 July 2022 14,200
Additions 7,379
At 30 June 2023 21,579
Amortisation
At 01 July 2022 2,840
Charge for year 2,158
At 30 June 2023 4,998
Net book value
At 30 June 2023 16,581
At 30 June 2022 11,360

PRIZE PARADISE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible Assets

Total
Cost £
At 01 July 2022 44,717
Additions 89,707
At 30 June 2023 134,424
Depreciation
At 01 July 2022 9,820
Charge for year 20,377
At 30 June 2023 30,197
Net book value
At 30 June 2023 104,227
At 30 June 2022 34,897