PAPILLON ADS LTD - Accounts

PAPILLON ADS LTD
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For the year ended 31 May 2026

Statement of Financial Position	1
Notes to the Financial Statements	2

PAPILLON ADS LTD
Statement of Financial Position
As at 31 May 2026

	2026 £	2025 £
Current assets
Debtors	1	21,814
Cash at bank and in hand	0	247,612
	1	269,426
Creditors: amount falling due within one year	(1,152)	(222,877)
Net current assets	(1,151)	46,549

Total assets less current liabilities	(1,151)	46,549
Net assets	(1,151)	46,549

Capital and reserves
Called up share capital	1	1
Profit and loss account	(1,152)	46,548
Shareholders' funds	(1,151)	46,549

For the year ended 31 May 2026 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 year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 14 July 2026 and were signed by:

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Ramon MORELL ZANDALINAS
Director

1

PAPILLON ADS LTD
Notes to the Abridged Financial Statements
For the year ended 31 May 2026

General Information

PAPILLON ADS LTD is a private company, limited by shares, registered in England and Wales, registration number 14859755, registration address 85 GREAT PORTLAND STREET, LONDON ENGLAND, W1W 7LT.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

2.	Average number of employees Average number of employees during the year was 1 (2025 : 1).

2

Registered Number: 14859755
England and Wales
PAPILLON ADS LTD

Abridged Accounts

Period of accounts Start date: 01 June 2025 End date: 31 May 2026