IRIS Accounts Production v23.3.0.418 09887583 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh098875832022-03-31098875832023-03-31098875832022-04-012023-03-31098875832021-03-31098875832021-04-012022-03-31098875832022-03-3109887583ns10:Originalns15:EnglandWales2022-04-012023-03-3109887583ns14:PoundSterlingns10:Original2022-04-012023-03-3109887583ns10:Originalns10:Director12022-04-012023-03-3109887583ns10:Original2022-04-012023-03-3109887583ns10:Original2023-03-3109887583ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3109887583ns10:Originalns10:SmallEntities2022-04-012023-03-3109887583ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3109887583ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3109887583ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3109887583ns10:Originalns10:FullAccounts2022-04-012023-03-3109887583ns10:Originalns10:Director32022-04-012023-03-3109887583ns10:Originalns10:Director42022-04-012023-03-3109887583ns10:Originalns10:Director52022-04-012023-03-3109887583ns10:CompanySecretary1ns10:Original2022-04-012023-03-3109887583ns10:Originalns10:RegisteredOffice2022-04-012023-03-3109887583ns10:Original2022-03-3109887583ns10:Originalns5:CurrentFinancialInstruments2023-03-3109887583ns10:Originalns5:CurrentFinancialInstruments2022-03-3109887583ns10:Originalns5:Non-currentFinancialInstruments2023-03-3109887583ns10:Originalns5:Non-currentFinancialInstruments2022-03-3109887583ns5:ShareCapitalns10:Original2023-03-3109887583ns5:ShareCapitalns10:Original2022-03-3109887583ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3109887583ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3109887583ns10:Originalns5:PlantMachinery2022-04-012023-03-3109887583ns10:Originalns5:FurnitureFittings2022-04-012023-03-3109887583ns10:Originalns5:MotorVehicles2022-04-012023-03-3109887583ns10:Originalns5:ComputerEquipment2022-04-012023-03-3109887583ns10:Original2021-04-012022-03-3109887583ns10:Originalns5:PlantMachinery2022-03-3109887583ns10:Originalns5:PlantMachinery2023-03-3109887583ns10:Originalns5:PlantMachinery2022-03-3109887583ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3109887583ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3109887583ns10:Originalns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-03-3109887583ns10:Originalns5:Non-currentFinancialInstrumentsns5:AfterOneYear2022-03-31
REGISTERED NUMBER: 09887583 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Paradigm Property Solutions Ltd

Paradigm Property Solutions Ltd (Registered number: 09887583)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Paradigm Property Solutions Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: G W Bosanko
L I Houldsworth
Mrs J S Houldsworth
J James





SECRETARY: Mrs T Bosanko





REGISTERED OFFICE: Suite 7, Europa House
Adlington Business Park
London Road
Adlington
Cheshire
SK10 4NL





REGISTERED NUMBER: 09887583 (England and Wales)





ACCOUNTANTS: Nolan James Ltd
Chartered Accountants
Suite 1 Armcon Business Park
London Road South
Poynton
Stockport
Cheshire
SK12 1LQ

Paradigm Property Solutions Ltd (Registered number: 09887583)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 137,282 76,819

CURRENT ASSETS
Debtors 5 179,010 109,894
Cash at bank 291,154 203,295
470,164 313,189
CREDITORS
Amounts falling due within one year 6 281,220 181,608
NET CURRENT ASSETS 188,944 131,581
TOTAL ASSETS LESS CURRENT
LIABILITIES

326,226

208,400

CREDITORS
Amounts falling due after more than one
year

7

(100,670

)

(154,334

)

PROVISIONS FOR LIABILITIES (26,084 ) (14,596 )
NET ASSETS 199,472 39,470

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 199,462 39,460
199,472 39,470

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

Paradigm Property Solutions Ltd (Registered number: 09887583)

Balance Sheet - continued
31 March 2023


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 14 November 2023 and were signed on its behalf by:





G W Bosanko - Director


Paradigm Property Solutions Ltd (Registered number: 09887583)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Paradigm Property Solutions Ltd 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.

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.
Plant and machinery - 20% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 20% on cost
Computer equipment - 25% 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.

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 15 (2022 - 14 ) .

Paradigm Property Solutions Ltd (Registered number: 09887583)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 114,198
Additions 93,612
At 31 March 2023 207,810
DEPRECIATION
At 1 April 2022 37,379
Charge for year 33,149
At 31 March 2023 70,528
NET BOOK VALUE
At 31 March 2023 137,282
At 31 March 2022 76,819

5. DEBTORS
31.3.23 31.3.22
£    £   
Amounts falling due within one year:
Trade debtors 104,752 8,288
Other debtors 16,126 15,874
120,878 24,162

Amounts falling due after more than one year:
Other debtors 58,132 85,732

Aggregate amounts 179,010 109,894

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Hire purchase contracts 24,374 13,660
Trade creditors 29,032 9,189
Taxation and social security 217,912 92,456
Other creditors 9,902 66,303
281,220 181,608

Paradigm Property Solutions Ltd (Registered number: 09887583)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Hire purchase contracts 100,670 44,832
Other creditors - 109,502
100,670 154,334

8. RELATED PARTY DISCLOSURES

Independent Housing UK Limited
(A charity in which certain directors and/or shareholder are trustees and key management)

Mr N. Richmond, a shareholder of Paradigm Property Solutions Ltd, was also a trustee of Independent Housing UK Ltd and resigned his position of trustee on 7 February 2023.

During the period maintenance recharges were made of £1,004,570 (2022 - £778,613)

Office service charges were made of £15,608 (2022 - £23,390)

At 31 March 2023, the company owed the charity £30 (2022 - £164,253)

All related party balances outstanding at 31 March 2023 are unsecured and payable on demand.