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Company Registration No. 11097283 (England and Wales)
Paras R Shah Ltd Unaudited accounts for the year ended 31 December 2023
Paras R Shah Ltd Unaudited accounts Contents
Page
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Paras R Shah Ltd Company Information for the year ended 31 December 2023
Director
Mr. Paras R Shah
Company Number
11097283 (England and Wales)
Registered Office
69 Meads Lane Ilford Essex IG3 8NR
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Paras R Shah Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,052 
2 
Current assets
Debtors
7,747 
4,252 
Cash at bank and in hand
36,999 
10,999 
44,746 
15,251 
Creditors: amounts falling due within one year
(23,193)
(6,579)
Net current assets
21,553 
8,672 
Net assets
22,605 
8,674 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
22,505 
8,574 
Shareholders' funds
22,605 
8,674 
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 August 2024 and were signed on its behalf by
Mr. Paras R Shah Director Company Registration No. 11097283
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Paras R Shah Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Paras R Shah Ltd is a private company, limited by shares, registered in England and Wales, registration number 11097283. The registered office is 69 Meads Lane, Ilford, Essex, IG3 8NR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20%
Computer equipment
25%
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
410 
498 
908 
Additions
- 
1,400 
1,400 
At 31 December 2023
410 
1,898 
2,308 
Depreciation
At 1 January 2023
409 
497 
906 
Charge for the year
- 
350 
350 
At 31 December 2023
409 
847 
1,256 
Net book value
At 31 December 2023
1 
1,051 
1,052 
At 31 December 2022
1 
1 
2 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
7,747 
4,252 
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Paras R Shah Ltd Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
13,808 
10,500 
Loans from directors
8,735 
(4,496)
Accruals
650 
575 
23,193 
6,579 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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