Paracode Holdings Limited 15583758 true 2024-03-22 2025-03-31 2025-03-31 The principal activity of the company is Holding company of a trading group Digita Accounts Production Advanced 6.30.9574.0 true Mrs E A Prest Mr G R Prest false true 15583758 2024-03-22 2025-03-31 15583758 2025-03-31 15583758 core:ShareCapital 2025-03-31 15583758 core:AdditionsToInvestments 2025-03-31 15583758 bus:FRS102 2024-03-22 2025-03-31 15583758 bus:AuditExempt-NoAccountantsReport 2024-03-22 2025-03-31 15583758 bus:FullAccounts 2024-03-22 2025-03-31 15583758 bus:RegisteredOffice 2024-03-22 2025-03-31 15583758 bus:Director1 2024-03-22 2025-03-31 15583758 bus:Director2 2024-03-22 2025-03-31 15583758 bus:EntityHasNeverTraded 2024-03-22 2025-03-31 15583758 bus:PrivateLimitedCompanyLtd 2024-03-22 2025-03-31 15583758 core:Subsidiary1 2024-03-22 2025-03-31 15583758 core:Subsidiary1 1 2024-03-22 2025-03-31 15583758 core:Subsidiary1 countries:England 2024-03-22 2025-03-31 15583758 countries:EnglandWales 2024-03-22 2025-03-31 iso4217:GBP xbrli:pure

Registration number: 15583758

Paracode Holdings Limited

Annual Report and Unaudited Financial Statements

for the Period from 22 March 2024 to 31 March 2025

 

Paracode Holdings Limited

Profit and Loss Account for the Period from 22 March 2024 to 31 March 2025

The company has not traded during the period. During this period, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Paracode Holdings Limited

(Registration number: 15583758)
Balance Sheet as at 31 March 2025

Note

2025
£

Fixed assets

 

Investments

3

100

Capital and reserves

 

Called up share capital

100

Shareholders' funds

 

100

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 30 May 2025 and signed on its behalf by:
 

.........................................
Mr G R Prest
Director

 

Paracode Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 22 March 2024 to 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Cullimore House
Peasemore
Newbury
Berkshire
RG20 7JN

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Investments

2025
£

Investments in subsidiaries

100

 

Paracode Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 22 March 2024 to 31 March 2025

Subsidiaries

£

Cost or valuation

Additions

100

Provision

Carrying amount

At 31 March 2025

100

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

2025

Subsidiary undertakings

Paracode Ltd

Cullimore House, Peasemore, Newbury, Berkshire, United Kingdom, RG20 7JN

England

Ordinary

100%

Subsidiary undertakings

Paracode Ltd

The principal activity of Paracode Ltd is the sale of cloud based insurance software.

4

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.