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Company Registration No. 9931213 (England and Wales)
PARA SOL LIFE LIMITED Unaudited accounts for the year ended 31 December 2023
PARA SOL LIFE LIMITED Unaudited accounts Contents
Page
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PARA SOL LIFE LIMITED Company Information for the year ended 31 December 2023
Director
Rachel Cooper
Secretary
Rachel Cooper
Company Number
9931213 (England and Wales)
Registered Office
18 The Heartspace 11 Amhurst Terrace London E8 2BT
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of PARA SOL LIFE LIMITED 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 PARA SOL LIFE LIMITED for the year ended 31 December 2023 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Chartered Certified Accountants 12 August 2024
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PARA SOL LIFE LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
709 
1,295 
Current assets
Inventories
- 
1,315 
Cash at bank and in hand
1,730 
2,642 
1,730 
3,957 
Creditors: amounts falling due within one year
(3,772)
(6,894)
Net current liabilities
(2,042)
(2,937)
Net liabilities
(1,333)
(1,642)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(1,335)
(1,644)
Shareholders' funds
(1,333)
(1,642)
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 director acknowledges her 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 and authorised for issue on 12 August 2024 and were signed on its behalf by
Rachel Cooper Director Company Registration No. 9931213
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PARA SOL LIFE LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
PARA SOL LIFE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 9931213. The registered office is 18 The Heartspace, 11 Amhurst Terrace, London, E8 2BT.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 Years Straight Line Method
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
2,977 
At 31 December 2023
2,977 
Depreciation
At 1 January 2023
1,682 
Charge for the year
586 
At 31 December 2023
2,268 
Net book value
At 31 December 2023
709 
At 31 December 2022
1,295 
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PARA SOL LIFE LIMITED Notes to the Accounts for the year ended 31 December 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,409 
- 
Trade creditors
632 
4,841 
Taxes and social security
187 
1,157 
Other creditors
- 
(399)
Loans from directors
285 
- 
Accruals
1,259 
1,295 
3,772 
6,894 
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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