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REGISTERED NUMBER: 06592519












Report of the Director and

Financial Statements

for the Year Ended 31 May 2023

for

Paragon Housing Limited

Paragon Housing Limited (Registered number: 06592519)






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




Page

Company Information 1

Report of the Director 2

Income Statement 3

Statement of Financial Position 4

Notes to the Financial Statements 5


Paragon Housing Limited

Company Information
for the Year Ended 31 May 2023







Director: A Sharma





Secretary: A Sharma





Registered office: 110 Viglen House
Alperton lane
Alperton
Wembley
London
HA0 1HD





Registered number: 06592519





Accountants: GKP Partnership
Ground Floor
Chiswick Gate
598 -608 Chiswick High Road
London
W4 5RT

Paragon Housing Limited (Registered number: 06592519)

Report of the Director
for the Year Ended 31 May 2023

The director presents his report with the financial statements of the company for the year ended 31 May 2023.

Director
A Sharma held office during the whole of the period from 1 June 2022 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

On behalf of the board:





A Sharma - Director


6 February 2024

Paragon Housing Limited (Registered number: 06592519)

Income Statement
for the Year Ended 31 May 2023

31.5.23 31.5.22
£    £   

Revenue - -
Operating profit and
Profit before taxation - -

Tax on profit - -
Profit for the financial year - -

Paragon Housing Limited (Registered number: 06592519)

Statement of Financial Position
31 May 2023

31.5.23 31.5.22
Notes £    £   
Assets

Fixed assets
Investments 4 100,000 100,000

Current assets
Cash in hand 2 2
100,002 100,002

Capital, reserves and liabilities

Capital and reserves
Called up share capital 100,002 100,002
100,002 100,002
100,002 100,002

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 6 February 2024 and were signed by:





A Sharma - Director


Paragon Housing Limited (Registered number: 06592519)

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

1. Statutory information

Paragon Housing Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The Company was dormant during the whole year.

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.

Investments in associates
Investments in associate undertakings are recognised at 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 NIL (2022 - NIL).

Paragon Housing Limited (Registered number: 06592519)

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

4. Fixed asset investments
Interest
in
associate
£   
Cost
At 1 June 2022
and 31 May 2023 100,000
Net book value
At 31 May 2023 100,000
At 31 May 2022 100,000