REGISTERED NUMBER: 08376976 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Paradise London Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Dunn

N Jekyll

REGISTERED OFFICE:

8 Macklin Street

London

WC2B 5NF

REGISTERED NUMBER:

08376976 (England and Wales)

ACCOUNTANTS:

Bristow Burrell

4 Riverview

Walnut Tree Close

Guildford

Surrey

GU1 4UX

FIXED ASSETS

Tangible assets

4

58,537

76,051

CURRENT ASSETS

Debtors

5

262,419

370,427

Cash at bank

187,453

132,868

449,872

503,295

CREDITORS

Amounts falling due within one year

6

255,485

243,620

NET CURRENT ASSETS

194,387

259,675

TOTAL ASSETS LESS CURRENT LIABILITIES

252,924

335,726

CREDITORS

Amounts falling due after more than one year

7

(9,380

)

(85,054

)

PROVISIONS FOR LIABILITIES

(9,324

)

(19,013

)

NET ASSETS

234,220

231,659

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

233,220

230,659

SHAREHOLDERS' FUNDS

234,220

231,659

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

M Dunn - Director

1.	STATUTORY INFORMATION

Paradise London 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2024

50,508

31,590

92,503

174,601

Additions

150

-

7,003

7,153

At 31 January 2025

50,658

31,590

99,506

181,754

DEPRECIATION

At 1 February 2024

19,041

4,607

74,902

98,550

Charge for year

6,311

6,746

11,610

24,667

At 31 January 2025

25,352

11,353

86,512

123,217

NET BOOK VALUE

At 31 January 2025

25,306

20,237

12,994

58,537

At 31 January 2024

31,467

26,983

17,601

76,051

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 February 2024

and 31 January 2025

31,590

DEPRECIATION

At 1 February 2024

4,607

Charge for year

6,746

At 31 January 2025

11,353

NET BOOK VALUE

At 31 January 2025

20,237

At 31 January 2024

26,983

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

198,008

339,033

Other debtors

64,411

31,394

262,419

370,427

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

111,099

105,927

Hire purchase contracts

6,039

5,597

Trade creditors

52,583

61,912

Taxation and social security

77,467

62,942

Other creditors

8,297

7,242

255,485

243,620

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans

-

69,635

Hire purchase contracts

9,380

15,419

9,380

85,054

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

£

1,000

Ordinary

£1

1,000

1,000

9.	ULTIMATE CONTROLLING PARTY

The Directors control the company by virtue of their 100% interest in the ordinary share capital of the company.