Company Registration No. 13876232 (England and Wales)
Paradise 11 Limited
Unaudited accounts
for the year ended 31 December 2023
Paradise 11 Limited
Unaudited accounts
Contents
Paradise 11 Limited
Company Information
for the year ended 31 December 2023
Directors
Theodore William Henry MICHELL
Patrick Desmond O'GORMAN
Richard Malcolm WALKER
Yujiro YOSHIZAWA
Masaaski Hori
On Nakagawa
Company Number
13876232 (England and Wales)
Registered Office
A & L SUITE 1-3 THE HOP EXCHANGE, 24
SOUTHWARK STREET
LONDON
SE1 1TY
UNITED KINGDOM
Accountants
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
Paradise 11 Limited
Accountants' report
Accountants' report to the board of directors of Paradise 11 Limited on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Paradise 11 Limited for the year ended
31 December 2023 as set out on pages
5 -
6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Paradise 11 Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Paradise 11 Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Paradise 11 Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Paradise 11 Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Paradise 11 Limited. You consider that Paradise 11 Limited 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 accounts of Paradise 11 Limited. 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 accounts.
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
5 February 2024
Paradise 11 Limited
Statement of financial position
as at 31 December 2023
Inventories
24,054,630
12,530,000
Cash at bank and in hand
5,817,185
274,081
Creditors: amounts falling due within one year
(1,086,222)
(702,036)
Net current assets
28,981,264
12,175,183
Total assets less current liabilities
28,981,264
12,175,183
Creditors: amounts falling due after more than one year
(14,652,733)
-
Net assets
14,328,531
12,175,183
Called up share capital
15,148,702
12,906,153
Profit and loss account
(820,171)
(730,970)
Shareholders' funds
14,328,531
12,175,183
For the year ending 31 December 2023 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.
The financial statements were approved by the Board of Directors and authorised for issue on 28 February 2024 and were signed on its behalf by
Theodore William Henry MICHELL
Director
Company Registration No. 13876232
Paradise 11 Limited
Notes to the Accounts
for the year ended 31 December 2023
Paradise 11 Limited is a private company, limited by shares, registered in England and Wales, registration number 13876232. The registered office is A & L SUITE 1-3 THE HOP EXCHANGE, 24, SOUTHWARK STREET, LONDON, SE1 1TY, UNITED KINGDOM.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Amounts falling due within one year
Accrued income and prepayments
168,178
21,416
Amounts falling due after more than one year
5
Creditors: amounts falling due within one year
2023
2022
Trade creditors
461,683
559,580
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).