PARAGRAPH LTD Filleted Accounts Cover |
Company No. 15040563 | |||||||||
PARAGRAPH LTD Balance Sheet Registrar |
at | ||||||||||
Company No. | Notes | 2024 | ||||||||
£ | ||||||||||
Current assets | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
Creditors: Amount falling due within one year | 5 | ( | ||||||||
Net current assets | ||||||||||
Total assets less current liabilities | ||||||||||
Net assets | ||||||||||
Capital and reserves | ||||||||||
Called up share capital | ||||||||||
Profit and loss account | 7 | |||||||||
Total equity | ||||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on 06 March 2024 and signed on its behalf by: | ||||||||||
R.I. Karl | ||||||||||
Director | ||||||||||
06 March 2024 |
PARAGRAPH LTD Notes to the Accounts Registrar |
for the period ended 31 January 2024 | ||||||||||||||
1 | General information | |||||||||||||
PARAGRAPH LTD is a private company limited by shares and incorporated in England and Wales. | ||||||||||||||
Its registered number is: 15040563 | ||||||||||||||
Its registered office is: | ||||||||||||||
2 | Accounting policies | |||||||||||||
Turnover | ||||||||||||||
Taxation | ||||||||||||||
Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. | ||||||||||||||
Trade and other debtors | ||||||||||||||
Trade and other creditors | ||||||||||||||
Leased assets | ||||||||||||||
Leases which do not transfer substantially all the risks and rewards of ownership to the Company are classified as operating leases. Assets held under finance leases are initially recognised as assets of the Company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in profit or loss, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the Company's policy on borrowing costs (see the accounting policy above). | ||||||||||||||
Defined contribution pensions | ||||||||||||||
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds. | ||||||||||||||
Provisions | ||||||||||||||
Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the balance sheet. | ||||||||||||||
3 | Employees | |||||||||||||
2024 | ||||||||||||||
Number | ||||||||||||||
The average monthly number of employees (including directors) during the period: | ||||||||||||||
4 | Debtors | |||||||||||||
2024 | ||||||||||||||
£ | ||||||||||||||
Other debtors | ||||||||||||||
5 | Creditors: | |||||||||||||
amounts falling due within one year | ||||||||||||||
2024 | ||||||||||||||
£ | ||||||||||||||
Loans from directors | ||||||||||||||
Accruals and deferred income | ||||||||||||||
6 | Share Capital | |||||||||||||
1 Ordinary share of £1 nominal value. | ||||||||||||||
7 | Reserves | |||||||||||||
8 | Dividends | |||||||||||||
2024 | ||||||||||||||
£ | ||||||||||||||
Dividends for the period: | ||||||||||||||
Dividends paid in the period | 8,000 | |||||||||||||
Dividends by type: | ||||||||||||||
Equity dividends | ||||||||||||||
8,000 | ||||||||||||||
9 | Post balance sheet events | |||||||||||||
The company ceased its trading activities on 31 January 2024. | ||||||||||||||