Company Registration No. 11318945 (England and Wales)
PARADISE TAKEAWAY LIMITED
Unaudited accounts
for the year ended 30 April 2024
PARADISE TAKEAWAY LIMITED
Unaudited accounts
Contents
PARADISE TAKEAWAY LIMITED
Company Information
for the year ended 30 April 2024
Company Number
11318945 (England and Wales)
Registered Office
40 WILLOUGHBY ROAD
LONDON
N8 0JG
ENGLAND
Accountants
Tatar Brothers & Co Accountants
40 Willoughby Road
Hornsey
London
N8 0JG
PARADISE TAKEAWAY LIMITED
Statement of financial position
as at 30 April 2024
Tangible assets
206,660
207,632
Cash at bank and in hand
3,815
9,142
Creditors: amounts falling due within one year
(195,701)
(209,204)
Net current liabilities
(191,090)
(192,459)
Called up share capital
1
1
Profit and loss account
15,569
15,172
Shareholders' funds
15,570
15,173
For the year ending 30 April 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 24 January 2025 and were signed on its behalf by
Celal Gurbuz
Director
Company Registration No. 11318945
PARADISE TAKEAWAY LIMITED
Notes to the Accounts
for the year ended 30 April 2024
PARADISE TAKEAWAY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11318945. The registered office is 40 WILLOUGHBY ROAD, LONDON, N8 0JG, 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.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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:
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Government grants in relation to expenditure are credited when the expenditure is charged to profit and loss.
The entity received Retail Hospitality and Leisure grant and also Furlough grant during the year.
PARADISE TAKEAWAY LIMITED
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2023
200,000
16,150
216,150
At 30 April 2024
200,000
16,150
216,150
At 1 May 2023
-
8,518
8,518
Charge for the year
-
972
972
At 30 April 2024
-
9,490
9,490
At 30 April 2024
200,000
6,660
206,660
At 30 April 2023
200,000
7,632
207,632
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
69
Loans from directors
195,531
208,965
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).