1 February 2023 false No description of principal activity Taxfiler 2024.5 12402183business:PrivateLimitedCompanyLtd2023-02-012024-01-31 124021832023-01-31 124021832023-02-012024-01-31 12402183business:AuditExempt-NoAccountantsReport2023-02-012024-01-31 12402183business:FilletedAccounts2023-02-012024-01-31 124021832024-01-31 12402183business:Director12023-02-012024-01-31 12402183business:RegisteredOffice2023-02-012024-01-31 124021832023-01-31 12402183core:WithinOneYear2024-01-31 12402183core:WithinOneYear2023-01-31 12402183core:AfterOneYear2024-01-31 12402183core:AfterOneYear2023-01-31 12402183core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 12402183core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 12402183core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 12402183core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 12402183core:PreviouslyStatedAmount2024-01-31 12402183core:PreviouslyStatedAmount2023-01-31 12402183business:SmallEntities2023-02-012024-01-31 12402183countries:EnglandWales2023-02-012024-01-31 12402183core:PlantMachinery2023-02-012024-01-31 12402183core:MotorVehicles2023-02-012024-01-31 12402183core:FurnitureFittings2023-02-012024-01-31 12402183core:ComputerEquipment2023-02-012024-01-31 12402183core:PlantMachinery2023-01-31 12402183core:MotorVehicles2023-01-31 12402183core:FurnitureFittings2023-01-31 12402183core:ComputerEquipment2023-01-31 12402183core:PlantMachinery2024-01-31 12402183core:MotorVehicles2024-01-31 12402183core:FurnitureFittings2024-01-31 12402183core:ComputerEquipment2024-01-31 12402183business:OrdinaryShareClass12023-02-012024-01-31 12402183business:OrdinaryShareClass12022-02-012023-01-31 124021832022-02-012023-01-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12402183 (England and Wales)
PARAMOUNT PROPERTY MANAGEMENT & CONSULTANTS LTD Unaudited accounts for the year ended 31 January 2024
PARAMOUNT PROPERTY MANAGEMENT & CONSULTANTS LTD Unaudited accounts Contents
Page
- 2 -
PARAMOUNT PROPERTY MANAGEMENT & CONSULTANTS LTD Company Information for the year ended 31 January 2024
Director
M S Farooq
Company Number
12402183 (England and Wales)
Registered Office
20 PARK AVENUE DEWSBURY WF13 2QH ENGLAND
- 3 -
PARAMOUNT PROPERTY MANAGEMENT & CONSULTANTS LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
75,613 
75,613 
Current assets
Debtors
2,627 
2,627 
Cash at bank and in hand
2,755 
2,755 
5,382 
5,382 
Creditors: amounts falling due within one year
(78,999)
(78,999)
Net current liabilities
(73,617)
(73,617)
Total assets less current liabilities
1,996 
1,996 
Creditors: amounts falling due after more than one year
(15,233)
(15,233)
Net liabilities
(13,237)
(13,237)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(13,238)
(13,238)
Shareholders' funds
(13,237)
(13,237)
For the year ending 31 January 2024 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 10 October 2024 and were signed on its behalf by
M S Farooq Director Company Registration No. 12402183
- 4 -
PARAMOUNT PROPERTY MANAGEMENT & CONSULTANTS LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
PARAMOUNT PROPERTY MANAGEMENT & CONSULTANTS LTD is a private company, limited by shares, registered in England and Wales, registration number 12402183. The registered office is 20 PARK AVENUE, DEWSBURY, WF13 2QH, ENGLAND.
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:
Plant & machinery
20% - Reducing Balance
Motor vehicles
20% - Reducing Balance
Fixtures & fittings
20% - Reducing Balance
Computer equipment
20% - Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 February 2023
73,732 
73,340 
1,500 
3,403 
151,975 
At 31 January 2024
73,732 
73,340 
1,500 
3,403 
151,975 
Depreciation
At 1 February 2023
14,747 
58,672 
900 
2,043 
76,362 
At 31 January 2024
14,747 
58,672 
900 
2,043 
76,362 
Net book value
At 31 January 2024
58,985 
14,668 
600 
1,360 
75,613 
At 31 January 2023
58,985 
14,668 
600 
1,360 
75,613 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,627 
2,627 
- 5 -
PARAMOUNT PROPERTY MANAGEMENT & CONSULTANTS LTD Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
5,562 
5,562 
Loans from directors
61,637 
61,637 
Accruals
11,800 
11,800 
78,999 
78,999 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
15,233 
15,233 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -