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Company Registration No. 12024585 (England and Wales)
ISLAND PARADISE LTD Unaudited accounts for the year ended 31 May 2024
ISLAND PARADISE LTD Unaudited accounts Contents
Page
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ISLAND PARADISE LTD Company Information for the year ended 31 May 2024
Director
ANTON DEMAR SUTHERLAND
Company Number
12024585 (England and Wales)
Registered Office
215 BROMLEY ROAD LONDON SE6 2PG ENGLAND
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ISLAND PARADISE LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4 
567 
Current assets
Inventories
- 
15,903 
Cash at bank and in hand
- 
46 
- 
15,949 
Creditors: amounts falling due within one year
(50)
(50)
Net current (liabilities)/assets
(50)
15,899 
Total assets less current liabilities
(46)
16,466 
Creditors: amounts falling due after more than one year
(51,253)
(51,253)
Net liabilities
(51,299)
(34,787)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(51,300)
(34,788)
Shareholders' funds
(51,299)
(34,787)
For the year ending 31 May 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 26 February 2025 and were signed on its behalf by
ANTON DEMAR SUTHERLAND Director Company Registration No. 12024585
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ISLAND PARADISE LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
ISLAND PARADISE LTD is a private company, limited by shares, registered in England and Wales, registration number 12024585. The registered office is 215 BROMLEY ROAD, LONDON, SE6 2PG, 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.
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:
Plant & machinery
205
Fixtures & fittings
20%
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
2,285 
558 
2,843 
At 31 May 2024
2,285 
558 
2,843 
Depreciation
At 1 June 2023
1,828 
448 
2,276 
Charge for the year
455 
108 
563 
At 31 May 2024
2,283 
556 
2,839 
Net book value
At 31 May 2024
2 
2 
4 
At 31 May 2023
457 
110 
567 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Accruals
50 
50 
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ISLAND PARADISE LTD Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
51,253 
51,253 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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