PADDY_SOLUTIONS_LIMITED - Accounts


Company registration number 15199905 (England and Wales)
PADDY SOLUTIONS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024
PAGES FOR FILING WITH REGISTRAR
PADDY SOLUTIONS LIMITED
BALANCE SHEET
AS AT
30 APRIL 2024
30 April 2024
- 1 -
2024
£
£
Current assets
14,524
Creditors: amounts falling due within one year
(15,805)
Net current liabilities
(1,281)
Accruals and deferred income
(3,050)
Net liabilities
(4,331)
Capital and reserves
(4,331)
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

As at 30 April 2024, R Jones owed the company £2,441 and K Ryan owed the company £3,951. Interest was not charged on the loans, however they are repayable on demand.

2
Employees

The average number of persons, including directors, employed by the company during the period was as follows:

2024
Number
Employees
2
3
Going Concern

At 30 April 2024 the company had net liabilities of £4,331. Included within creditors falling due within one year at that date was an amount of £5,775 owed to a company under common control and ownership. Whilst this balance was repayable by the company on demand, the directors have confirmed that they will not demand repayment of the loan at the detriment to Paddy Solutions Limited. The directors have also confirmed that they will continue providing adequate finance to the company for a period of at least 12 months from the date of approving these accounts to enable the company to continue trading and pay its trading debts as they fall due. Therefore the directors believe it's appropriate to prepare the accounts on a going concern basis.

Paddy Solutions Limited is a private company limited by shares incorporated in England and Wales. The registered office is 2nd Floor, Regis House, 45 King William Street, London, United Kingdom, EC4R 9AN.

For the period ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

PADDY SOLUTIONS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2024
30 April 2024
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

 

 

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 18 June 2024 and are signed on its behalf by:
R Jones
Director
Company registration number 15199905 (England and Wales)
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