PAID & PARANOID LTD

Company Registration Number:
13826063 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

PAID & PARANOID LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

PAID & PARANOID LTD

Company Information

for the Period Ended 31 January 2024




Director: Daniell Spence
Registered office: Office 1, Izabella House
24-26 Regent Place
Birmingham
England
B1 3NJ
Company Registration Number: 13826063 (England and Wales)

PAID & PARANOID LTD

Directors' Report Period Ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Principal Activities

Setting up the infrastructure to be able to start selling in the near future.

Directors

The directors shown below have held office during the whole of the period from 01 February 2023 to 31 January 2024
Daniell Spence

This report was approved by the board of directors on 14 March 2024
And Signed On Behalf Of The Board By:

Name: Daniell Spence
Status: Director

PAID & PARANOID LTD

Profit and Loss Account

for the Period Ended 31 January 2024


Notes

2024
£
13 months to
31 Jan 2023
£
Gross Profit or (Loss) 0 0
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 908 ) ( 2,306 )
Operating Profit or (Loss) ( 908 ) ( 2,306 )
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax ( 908 ) ( 2,306 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 908 ) ( 2,306 )

The notes form part of these financial statements

PAID & PARANOID LTD

Balance sheet

As at 31 January 2024


Notes

2024
£
13 months to
31 Jan 2023
£
Fixed assets
Intangible assets: 4 1,084 1,084
Total fixed assets: 1,084 1,084
Current assets
Stocks: 0 0
Debtors: 0 0
Cash at bank and in hand: 11 76
Total current assets: 11 76
Net current assets (liabilities): 11 76
Total assets less current liabilities: 1,095 1,160
Total net assets (liabilities): 1,095 1,160

The notes form part of these financial statements

PAID & PARANOID LTD

Balance sheet continued

As at 31 January 2024


Notes

2024
£
13 months to
31 Jan 2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,094 1,159
Shareholders funds: 1,095 1,160

For the year ending 31 January 2024 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 14 March 2024
And Signed On Behalf Of The Board By:

Name: Daniell Spence
Status: Director

The notes form part of these financial statements

PAID & PARANOID LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

PAID & PARANOID LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024
    13 months to
    31 Jan 2023
    Average number of employees during the period 1 1

PAID & PARANOID LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

PAID & PARANOID LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 February 2023 1,084
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 31 January 2024 1,084
    Amortisation
    Charge for year -
    On disposals -
    Other adjustments -
    Amortisation at 31 January 2024 -
    Net book value
    Net book value at 31 January 2024 1,084
    Net book value at 31 January 2023 1,084

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