Acorah Software Products - Accounts Production 15.0.600 false true 30 September 2022 1 October 2021 false 1 October 2022 31 December 2023 31 December 2023 12668602 Mr Nicholas Mys Mr Ghassan Majed Paratus Holdings Limited Town Mills North, Rue de Pre, St Peter Port, Guernsey, GY1 6HS true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12668602 2022-09-30 12668602 2023-12-31 12668602 2022-10-01 2023-12-31 12668602 frs-core:CurrentFinancialInstruments 2023-12-31 12668602 frs-core:ComputerEquipment 2023-12-31 12668602 frs-core:ComputerEquipment 2022-10-01 2023-12-31 12668602 frs-core:ComputerEquipment 2022-09-30 12668602 frs-core:ShareCapital 2023-12-31 12668602 frs-core:RetainedEarningsAccumulatedLosses 2022-10-01 2023-12-31 12668602 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12668602 frs-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-12-31 12668602 frs-bus:FilletedAccounts 2022-10-01 2023-12-31 12668602 frs-bus:SmallEntities 2022-10-01 2023-12-31 12668602 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-12-31 12668602 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-12-31 12668602 1 2022-10-01 2023-12-31 12668602 frs-bus:Director1 2022-10-01 2023-12-31 12668602 frs-bus:Director2 2022-10-01 2023-12-31 12668602 frs-countries:EnglandWales 2022-10-01 2023-12-31 12668602 2021-09-30 12668602 2022-09-30 12668602 2021-10-01 2022-09-30 12668602 frs-core:CurrentFinancialInstruments 2022-09-30 12668602 frs-core:ShareCapital 2021-09-30 12668602 frs-core:ShareCapital 2022-09-30 12668602 frs-core:RetainedEarningsAccumulatedLosses 2021-10-01 2022-09-30 12668602 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2021-09-30 12668602 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30
Registered number: 12668602
Paratus Services (UK) Limited
Unaudited Financial Statements
For the Period 1 October 2022 to 31 December 2023
Contents
Page
Statement of Financial Position 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—5
Page 1
Statement of Financial Position
Registered number: 12668602
31 December 2023 30 September 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 3,436
- 3,436
CURRENT ASSETS
Debtors 5 68,196 19,136
Cash at bank and in hand - 14,889
68,196 34,025
Creditors: Amounts Falling Due Within One Year 6 (709,244 ) (69,184 )
NET CURRENT ASSETS (LIABILITIES) (641,048 ) (35,159 )
TOTAL ASSETS LESS CURRENT LIABILITIES (641,048 ) (31,723 )
NET LIABILITIES (641,048 ) (31,723 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Income Statement (641,148 ) (31,823 )
SHAREHOLDERS' FUNDS (641,048) (31,723)
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For the period 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr Nicholas Mys
Director
30/09/2024
The notes on pages 4 to 5 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Income Statement Total
£ £ £
As at 1 October 2021 100 (40,516 ) (40,416)
Profit for the year and total comprehensive income - 8,693 8,693
As at 30 September 2022 and 1 October 2022 100 (31,823 ) (31,723)
Loss for the period and total comprehensive income - (609,325 ) (609,325)
As at 31 December 2023 100 (641,148 ) (641,048)
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Notes to the Financial Statements
1. General Information
Paratus Services (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12668602 . The registered office is East Lodge, Kartway House, Lugwardine, Hereford, HR1 4AE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 33% Straight Line
2.4. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 3 (2022: 3)
3 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 October 2022 10,105
As at 31 December 2023 10,105
Depreciation
As at 1 October 2022 6,669
Provided during the period 3,436
As at 31 December 2023 10,105
Net Book Value
As at 31 December 2023 -
As at 1 October 2022 3,436
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5. Debtors
31 December 2023 30 September 2022
£ £
Due within one year
Amounts owed by group undertakings 49,121 -
Other debtors 19,075 19,136
68,196 19,136
6. Creditors: Amounts Falling Due Within One Year
31 December 2023 30 September 2022
£ £
Trade creditors 69,300 -
Other loans 15,000 -
Amounts owed to group undertakings 9,330 2,331
Other creditors 507,494 57,510
Taxation and social security 108,120 9,343
709,244 69,184
7. Share Capital
31 December 2023 30 September 2022
£ £
Allotted, Called up and fully paid 100 100
8. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Paratus Holdings Limited . Paratus Holdings Limited was incorporated in (Please enter country of incorporation). Copies of the group accounts may be obtained from the secretary, Town Mills North, Rue de Pre, St Peter Port, Guernsey, GY1 6HS . The ultimate controlling party is Paratus Holdings Limited who controls 100% of the shares of Paratus Services (UK) Limited .
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