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Company Registration No. 11879893 (England and Wales)
PARADISE MAGIC LTD Unaudited accounts for the year ended 29 February 2024
PARADISE MAGIC LTD Unaudited accounts Contents
Page
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PARADISE MAGIC LTD Company Information for the year ended 29 February 2024
Director
Nerijus TAVORAS
Company Number
11879893 (England and Wales)
Registered Office
4 LAWTON GREEN 90A LAWTON ROAD LOUGHTON IG10 2AA ENGLAND
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PARADISE MAGIC LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
280 
449 
Current assets
Debtors
- 
5,420 
Cash at bank and in hand
1,859 
- 
1,859 
5,420 
Creditors: amounts falling due within one year
(207)
(4,823)
Net current assets
1,652 
597 
Net assets
1,932 
1,046 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,931 
1,045 
Shareholders' funds
1,932 
1,046 
For the year ending 29 February 2024 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 his 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 7 November 2024 and were signed on its behalf by
Nerijus TAVORAS Director Company Registration No. 11879893
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PARADISE MAGIC LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
PARADISE MAGIC LTD is a private company, limited by shares, registered in England and Wales, registration number 11879893. The registered office is 4 LAWTON GREEN, 90A LAWTON ROAD, LOUGHTON, IG10 2AA, ENGLAND.
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.
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2023
787 
At 29 February 2024
787 
Depreciation
At 1 March 2023
338 
Charge for the year
169 
At 29 February 2024
507 
Net book value
At 29 February 2024
280 
At 28 February 2023
449 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
- 
5,420 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
207 
- 
Loans from directors
- 
4,823 
207 
4,823 
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PARADISE MAGIC LTD Notes to the Accounts for the year ended 29 February 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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