Registered Number:09033259 |
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2024
Paradigm D&E Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Paradigm D&E Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
1,932
1,623
2
1,932
1,623
Trade and other receivables |
6,935
10,087
3
34,223
Cash and cash equivalents |
51,634
61,721
41,158
Trade and other payables: amounts falling due within one |
year |
(17,703)
(12,481)
4
23,455
49,240
Net current assets
Total assets less current liabilities |
51,172
25,078
51,172
Net assets
25,078
4
4
51,168
25,074
51,172
25,078
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 20 January 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 May 2024
Paradigm D&E Ltd
Notes to the Financial Statements
Statutory Information
Paradigm D&E Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 09033259. |
Principal place of business: |
27 The Ridge
Twickenham
Middx
TW2 7NL
Lilybell
Colchester Road
Tiptree
Essex
CO5 0EU
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Motor vehicles
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For the year ended 31 May 2024
Paradigm D&E Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
25,776
2,982
22,794
799
799
-
22,794
3,781
26,575
Provision for depreciation and impairment |
24,153
1,359
22,794
Charge for year
490
490
-
24,643
1,849
22,794
-
1,932
1,932
-
1,623
1,623
3. Trade and other receivables |
2023
2024
5,202
3,250
4,885
3,685
6,935
10,087
4. Trade and other payables: amounts falling due within one year |
2023
2024
-
10,535
Taxation and social security |
11,431
6,118
1,050
1,050
12,481
17,703
5. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
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