Company Registration No. 14402567 (England and Wales)
SSA PARAGON LIMITED
Unaudited accounts
for the year ended 31 October 2024
SSA PARAGON LIMITED
Unaudited accounts
Contents
SSA PARAGON LIMITED
Company Information
for the year ended 31 October 2024
Director
Sivany Ratnasabapathy
Company Number
14402567 (England and Wales)
Registered Office
1 Sandes Place
Leatherhead
KT22 7QW
England
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
SSA PARAGON LIMITED
Accountants' report
Accountants' report to the director of SSA PARAGON LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
SSA PARAGON LIMITED for the year ended
31 October 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of SSA PARAGON LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of SSA PARAGON LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SSA PARAGON LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that SSA PARAGON LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of SSA PARAGON LIMITED. You consider that SSA PARAGON LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of SSA PARAGON LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
29 November 2024
SSA PARAGON LIMITED
Statement of financial position
as at 31 October 2024
Tangible assets
4,230
4,568
Cash at bank and in hand
5,607
18,456
Creditors: amounts falling due within one year
(5,007)
(12,605)
Net current assets
600
17,821
Called up share capital
1
1
Profit and loss account
4,829
22,388
Shareholders' funds
4,830
22,389
For the year ending 31 October 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 29 November 2024 and were signed on its behalf by
Sivany Ratnasabapathy
Director
Company Registration No. 14402567
SSA PARAGON LIMITED
Notes to the Accounts
for the year ended 31 October 2024
SSA PARAGON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14402567. The registered office is 1 Sandes Place, Leatherhead, KT22 7QW, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
25% reducing balance
Computer equipment
33% Straight Line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2023
1,189
4,607
5,796
At 31 October 2024
1,439
6,296
7,735
At 1 November 2023
121
1,107
1,228
Charge for the year
272
2,005
2,277
At 31 October 2024
393
3,112
3,505
At 31 October 2024
1,046
3,184
4,230
At 31 October 2023
1,068
3,500
4,568
Amounts falling due within one year
SSA PARAGON LIMITED
Notes to the Accounts
for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,049
4,050
Loans from directors
2,532
8,265
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
(8,266)
(19,797)
(25,531)
(2,532)
(8,266)
(19,797)
(25,531)
(2,532)
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).