Paradigm Clubs Ltd 15345617 false 2023-12-12 2024-12-31 2024-12-31 The principal activity of the company is that of a physical well-being activity club. Digita Accounts Production Advanced 6.30.9574.0 true true 15345617 2023-12-12 2024-12-31 15345617 2024-12-31 15345617 core:RetainedEarningsAccumulatedLosses 2024-12-31 15345617 core:ShareCapital 2024-12-31 15345617 core:CurrentFinancialInstruments 2024-12-31 15345617 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 15345617 bus:SmallEntities 2023-12-12 2024-12-31 15345617 bus:AuditExemptWithAccountantsReport 2023-12-12 2024-12-31 15345617 bus:FilletedAccounts 2023-12-12 2024-12-31 15345617 bus:SmallCompaniesRegimeForAccounts 2023-12-12 2024-12-31 15345617 bus:RegisteredOffice 2023-12-12 2024-12-31 15345617 bus:CompanySecretaryDirector1 2023-12-12 2024-12-31 15345617 bus:PrivateLimitedCompanyLtd 2023-12-12 2024-12-31 15345617 countries:EnglandWales 2023-12-12 2024-12-31 iso4217:GBP xbrli:pure

Registration number: 15345617

Paradigm Clubs Ltd
Unaudited Filleted Financial Statements
for the Period from 12 December 2023 to 31 December 2024

Paradigm Clubs Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 4

Paradigm Clubs Ltd

Company Information

Director | M Hall

Company secretary | M Hall

Registered office | 128 City Road London EC1V 2NX

Accountants | Thompson Jenner LLP 1 Colleton Crescent Exeter Devon EX2 4DG

Paradigm Clubs Ltd

(Registration number: 15345617)
Balance Sheet as at 31 December 2024

| Note | 2024 £
Current assets |  |
Cash at bank and in hand |  | 100
Creditors: Amounts falling due within one year | 5 | (9,294)
Net liabilities |  | (9,194)
Capital and reserves |  |
Called up share capital |  | 100
Retained earnings |  | (9,294)
Shareholders' deficit |  | (9,194)

For the financial period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 11 September 2025

......................................... M Hall Company secretary and director

Paradigm Clubs Ltd

Notes to the Unaudited Financial Statements for the Period from 12 December 2023 to 31 December 2024

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
128 City Road
London
EC1V 2NX
England and Wales

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis. The director acknowledges the net liabilities at the balance sheet date, but continues to support the company and assert that the company has the ability to meet its obligations, as they fall due, for at least 12 months after the date of approval.

Intangible assets

Intangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Paradigm Clubs Ltd

Notes to the Unaudited Financial Statements for the Period from 12 December 2023 to 31 December 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4 | Debtors

| 2024 £
Total current trade and other debtors | -

5 | Creditors

| 2024 £
Due within one year |
Other creditors | 8,894
Accrued expenses | 400
| 9,294