1 April 2024 v2025.82.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activity00falsetruexbrli:purexbrli:sharesiso4217:GBP024709032024-04-012025-03-31024709032025-03-31024709032024-03-3102470903core:WithinOneYear2025-03-3102470903core:WithinOneYear2024-03-3102470903core:ShareCapital2025-03-3102470903core:ShareCapital2024-03-3102470903core:RetainedEarningsAccumulatedLosses2025-03-3102470903core:RetainedEarningsAccumulatedLosses2024-03-3102470903bus:Director12024-04-012025-03-3102470903bus:Director22024-04-012025-03-3102470903bus:RegisteredOffice2024-04-012025-03-3102470903core:CostValuation2024-04-0102470903core:RevaluationsIncreaseDecreaseInInvestments2025-03-3102470903core:CostValuation2025-03-3102470903core:ProvisionsForImpairmentInvestments2024-04-0102470903core:ImpairmentLossProvisionsForImpairmentInvestments2025-03-3102470903core:ProvisionsForImpairmentInvestments2025-03-310247090312024-04-012025-03-31024709032023-04-012024-03-3102470903countries:EnglandWales2024-04-012025-03-3102470903bus:AuditExemptWithAccountantsReport2024-04-012025-03-3102470903bus:PrivateLimitedCompanyLtd2024-04-012025-03-3102470903bus:SmallEntities2024-04-012025-03-3102470903bus:FullAccounts2024-04-012025-03-31
Company registration number:
02470903
Santa Paravia Limited
Unaudited Filleted Financial Statements for the year ended
31 March 2025
Santa Paravia Limited
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements of Santa Paravia Limited
Year ended
31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements
of
Santa Paravia Limited
for the year ended
31 March 2025
which comprise the income statement, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/​regulations.
This report is made solely to the Board of Directors of
Santa Paravia Limited
, as a body. Our work has been undertaken solely to prepare for your approval the
financial statements
of
Santa Paravia Limited
and state those matters that we have agreed to state to the Board of Directors of
Santa Paravia Limited
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
Santa Paravia Limited
and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that
Santa Paravia Limited
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and loss of
Santa Paravia Limited
. You consider that
Santa Paravia Limited
is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Santa Paravia Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Proud Goulbourn Accountants Limited
Office 16, Hamilton Davies House
117c Liverpool Road
Cadishead
Manchester
M44 5BG
United Kingdom
Date:
25 April 2025
Santa Paravia Limited
Statement of Financial Position
31 March 2025
20252024
Note££
Fixed assets    
Investments 5
358,403
 
374,592
 
Current assets    
Cash at bank and in hand
66,119
 
64,707
 
Creditors: amounts falling due within one year 6
(158,375
 )
(157,875
 )
Net current liabilities
(92,256
 )
(93,168
 )
Total assets less current liabilities 266,147   281,424  
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
266,047
 
281,324
 
Shareholders funds
266,147
 
281,424
 
For the year ending
31 March 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
25 April 2025
, and are signed on behalf of the board by:
Ms E Melsom
Mrs C Mcallister
DirectorDirector
Company registration number:
02470903
Santa Paravia Limited
Notes to the Financial Statements
Year ended
31 March 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
6 Louisa Chilton Cour
,
Montpelier Avenue
,
London
,
W5 2XP
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Fixed asset investments

Other fixed asset investments which are listed are measured at fair value with changes in fair value being recognised in the profit and loss account

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4 Average number of employees

The average number of persons employed by the company during the year was Nil (2024: Nil).

5 Investments

Other investments other than loans
£
Cost or valuation  
At
1 April 2024
381,724
 
Revaluations
(15,860
 )
At
31 March 2025
365,864
 
Impairment  
At
1 April 2024
7,132
 
Impairment losses
329
 
At
31 March 2025
7,461
 
Carrying amount  
At
31 March 2025
358,403
 
At 31 March 2024
374,592
 

Investments held at valuation

6 Creditors: amounts falling due within one year

20252024
££
Other creditors
158,375
 
157,875
 

7 Directors' advances, credit and guarantees

The director's loan account has been maintained in credit throughout the year.