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Company Registration No. 14704213 (England and Wales)
Paragon Of London Limited Unaudited accounts for the period from 3 March 2023 to 31 March 2024
Paragon Of London Limited Unaudited accounts Contents
Page
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Paragon Of London Limited Company Information for the period from 3 March 2023 to 31 March 2024
Director
Mrs Clare Casey
Company Number
14704213 (England and Wales)
Registered Office
35 Treeve Lane Connor Downs Hayle Cornwall TR27 5DQ England
Accountants
Daniel Consultancy Morritt House 54-60 Station Approach South Ruislip Ruislip HA4 6SA
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Paragon Of London Limited Statement of financial position as at 31 March 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
44,000 
Current assets
Debtors
28,717 
Cash at bank and in hand
82,143 
110,860 
Creditors: amounts falling due within one year
(153,456)
Net current liabilities
(42,596)
Net assets
1,404 
Capital and reserves
Called up share capital
100 
Profit and loss account
1,304 
Shareholders' funds
1,404 
For the period ending 31 March 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 her 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 3 December 2024 and were signed on its behalf by
Mrs Clare Casey Director Company Registration No. 14704213
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Paragon Of London Limited Notes to the Accounts for the period from 3 March 2023 to 31 March 2024
1
Statutory information
Paragon Of London Limited is a private company, limited by shares, registered in England and Wales, registration number 14704213. The registered office is 35 Treeve Lane, Connor Downs, Hayle, Cornwall, TR27 5DQ, 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 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
20% RB
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 3 March 2023
- 
Additions
55,000 
At 31 March 2024
55,000 
Depreciation
Charge for the period
11,000 
At 31 March 2024
11,000 
Net book value
At 31 March 2024
44,000 
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Paragon Of London Limited Notes to the Accounts for the period from 3 March 2023 to 31 March 2024
5
Debtors
2024 
£ 
Amounts falling due within one year
VAT
4,476 
Trade debtors
22,946 
Accrued income and prepayments
1,295 
28,717 
6
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
76,800 
Loans from directors
76,656 
153,456 
7
Average number of employees
During the period the average number of employees was 0.
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