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REGISTERED NUMBER: 12486100 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

PARADIGMZ REAL ESTATE LTD

PARADIGMZ REAL ESTATE LTD (REGISTERED NUMBER: 12486100)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PARADIGMZ REAL ESTATE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 February 2023







DIRECTORS: M Arif
Ms R Islam





REGISTERED OFFICE: 21 Charlesworth Park
Haywards Heath
RH16 3JG





REGISTERED NUMBER: 12486100 (England and Wales)





ACCOUNTANTS: Richmond Gatehouse LLP
Thames House, 2nd floor
3 Wellington Street
London
SE18 6NY

PARADIGMZ REAL ESTATE LTD (REGISTERED NUMBER: 12486100)

BALANCE SHEET
28 February 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 531,324 -

CURRENT ASSETS
Debtors 5 4,999 7,055
Cash at bank 4,420 790
9,419 7,845
CREDITORS
Amounts falling due within one year 6 (333,426 ) (8,380 )
NET CURRENT LIABILITIES (324,007 ) (535 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

207,317

(535

)

CREDITORS
Amounts falling due after more than one
year

7

(207,245

)

-
NET ASSETS/(LIABILITIES) 72 (535 )

CAPITAL AND RESERVES
Called up share capital 8 100 -
Retained earnings 9 (30 ) (535 )
SHAREHOLDERS' FUNDS 70 (535 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

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 30 November 2023 and were signed on its behalf by:





M Arif - Director


** BALANCE SHEET - CURRENT YEAR - DOES NOT BALANCE - PLEASE CHECK THAT ALL POSTINGS HAVE BEEN MADE TO ACCOUNTS USED ON LIMITED COMPANY REPORTS

PARADIGMZ REAL ESTATE LTD (REGISTERED NUMBER: 12486100)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 February 2023


1. STATUTORY INFORMATION

Paradigmz Real Estate 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - NIL ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
Additions 531,324
At 28 February 2023 531,324
NET BOOK VALUE
At 28 February 2023 531,324

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 4,999 7,055

PARADIGMZ REAL ESTATE LTD (REGISTERED NUMBER: 12486100)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 February 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 333,426 8,380

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 207,245 -

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 207,245 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 -

9. RESERVES
Retained
earnings
£   

At 1 March 2022 (535 )
Profit for the year 505
At 28 February 2023 (30 )