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Company Registration No. 14059934 (England and Wales)
PAAR GROUP LTD Unaudited accounts for the year ended 30 April 2024
PAAR GROUP LTD Unaudited accounts Contents
Page
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PAAR GROUP LTD Company Information for the year ended 30 April 2024
Directors
Bhavin Patel Luke Marc Brystead John Anthony Medhurst
Company Number
14059934 (England and Wales)
Registered Office
47b Islingword Road Brighton BN2 9SF
Accountants
SFW Accountants Limited 122 Crofton Road Orpington Kent BR6 8HZ
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PAAR GROUP LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
631,256 
- 
Current assets
Debtors
327,597 
- 
Cash at bank and in hand
23,562 
- 
351,159 
- 
Creditors: amounts falling due within one year
(318,072)
- 
Net current assets
33,087 
- 
Total assets less current liabilities
664,343 
- 
Creditors: amounts falling due after more than one year
(730,404)
- 
Net liabilities
(66,061)
- 
Capital and reserves
Called up share capital
100 
- 
Profit and loss account
(66,161)
- 
Shareholders' funds
(66,061)
- 
For the year ending 30 April 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 20 January 2025 and were signed on its behalf by
Bhavin Patel Director Company Registration No. 14059934
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PAAR GROUP LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
PAAR GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 14059934. The registered office is 47b Islingword Road, Brighton, BN2 9SF.
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:
Land & buildings
0
Plant & machinery
25%
Motor vehicles
18%
Fixtures & fittings
25%
Computer equipment
25%
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 May 2023
- 
Additions
631,503 
At 30 April 2024
631,503 
Depreciation
Charge for the year
247 
At 30 April 2024
247 
Net book value
At 30 April 2024
631,256 
5
Average number of employees
During the year the average number of employees was 3 (2023: 0).
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