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REGISTERED NUMBER: 03311394 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

PARADISO LIMITED
PARADISO LIMITED (REGISTERED NUMBER: 03311394)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


PARADISO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTOR: M Karimian





SECRETARY: M Karimian





REGISTERED OFFICE: 49 Skillings Lane
Brough
East Yorkshire
HU15 1BA





REGISTERED NUMBER: 03311394 (England and Wales)





ACCOUNTANTS: Cheetham Allen
Chartered Accountants
17 Wright Street
Hull
East Yorkshire
HU2 8HU
Page 1
PARADISO LIMITED (REGISTERED NUMBER: 03311394)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 103,306 104,806
Investments 6 41,499 41,499
144,805 146,305

CURRENT ASSETS
Debtors 7 50,265 100,065
Cash at bank 90,273 91,516
140,538 191,581
CREDITORS
Amounts falling due within one year 8 106,993 155,059
NET CURRENT ASSETS 33,545 36,522
TOTAL ASSETS LESS CURRENT
LIABILITIES
178,350
182,827

CREDITORS
Amounts falling due after more than one
year
9
645
1,989
NET ASSETS 177,705 180,838

CAPITAL AND RESERVES
Called up share capital 10 41,500 41,500
Other reserves 11 19,434 19,434
Retained earnings 11 116,771 119,904
SHAREHOLDERS' FUNDS 177,705 180,838

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The notes form part of these financial statements

Page 2 continued...
PARADISO LIMITED (REGISTERED NUMBER: 03311394)

BALANCE SHEET - continued
31ST DECEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30th September 2025 and were signed by:





M Karimian - Director


The notes form part of these financial statements

Page 3
PARADISO LIMITED (REGISTERED NUMBER: 03311394)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024

1. STATUTORY INFORMATION

Paradiso Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Trade mark
Trade mark costs are written off in equal annual instalments over their estimated useful economic life of 20 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 1% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Page 4 continued...
PARADISO LIMITED (REGISTERED NUMBER: 03311394)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

4. INTANGIBLE FIXED ASSETS
Trade
mark
£   
COST
At 1st January 2024
and 31st December 2024 855
AMORTISATION
At 1st January 2024
and 31st December 2024 855
NET BOOK VALUE
At 31st December 2024 -
At 31st December 2023 -

5. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST OR VALUATION
At 1st January 2024
and 31st December 2024 150,000
DEPRECIATION
At 1st January 2024 45,194
Charge for year 1,500
At 31st December 2024 46,694
NET BOOK VALUE
At 31st December 2024 103,306
At 31st December 2023 104,806

Cost or valuation at 31st December 2024 is represented by:

Freehold
property
£   
Valuation in 2020 19,434
Cost 130,566
150,000

If Freehold property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 130,566 130,566
Aggregate depreciation 45,194 45,194

Freehold property was valued on an open market basis on 31st December 2024 by the director .

Page 5 continued...
PARADISO LIMITED (REGISTERED NUMBER: 03311394)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st January 2024
and 31st December 2024 41,499
NET BOOK VALUE
At 31st December 2024 41,499
At 31st December 2023 41,499

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 50,265 100,065

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 1,435 1,404
Trade creditors 840 210
Amounts owed to group undertakings 101,823 130,300
Other creditors 2,895 23,145
106,993 155,059

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 645 1,989

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
41,500 Ordinary £1 41,500 41,500

11. RESERVES
Retained Other
earnings reserves Totals
£    £    £   

At 1st January 2024 119,904 19,434 139,338
Profit for the year 26,867 26,867
Dividends (30,000 ) (30,000 )
At 31st December 2024 116,771 19,434 136,205

Other reserves represent the unrealised surplus on revaluation of freehold property.

Page 6