COMPANY REGISTRATION NUMBER:
16382029
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Paradisum Ventures Limited |
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Filleted Unaudited Financial Statements |
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Paradisum Ventures Limited |
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Statement of Financial Position |
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30 April 2026
Current assets
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Stocks |
550 |
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Debtors |
4 |
5 |
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Cash at bank and in hand |
1,800 |
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------- |
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2,355 |
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Creditors: amounts falling due within one year |
5 |
4,000 |
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------- |
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Net current liabilities |
1,645 |
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------- |
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Total assets less current liabilities |
(
1,645) |
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------- |
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Net liabilities |
(
1,645) |
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------- |
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Capital and reserves
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Called up share capital |
6 |
5 |
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Profit and loss account |
(
1,650) |
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------- |
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Shareholders deficit |
(
1,645) |
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------- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
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Paradisum Ventures Limited |
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Statement of Financial Position (continued) |
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30 April 2026
These financial statements were approved by the
board of directors
and authorised for issue on
13 October 2026
, and are signed on behalf of the board by:
Company registration number:
16382029
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Paradisum Ventures Limited |
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Notes to the Financial Statements |
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Period from 11 April 2025 to 30 April 2026
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 19 Pellant Road, London, SE6 7NF.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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 financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
In the opinion of the directors, continued financial support will be available such that the company can continue trading and meet it's liabilities as they fall due. Based on this, the directors consider it appropriate that the financial statements are prepared on a going concern basis.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
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, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are 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.
Debtors
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30 Apr 26 |
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£ |
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Other debtors |
5 |
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---- |
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5.
Creditors:
amounts falling due within one year
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30 Apr 26 |
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£ |
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Other creditors |
4,000 |
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------- |
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Included in Other creditors:
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2026 |
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£ |
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Loans due to shareholders |
2,500 |
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6.
Called up share capital
Issued, called up and fully paid
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30 Apr 26 |
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No. |
£ |
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Ordinary shares of £ 1 each |
5 |
5 |
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