1 January 2024 false No description of principal activity Taxfiler 2024.6 11741232business:PrivateLimitedCompanyLtd2024-01-012024-12-31 117412322023-12-31 117412322024-01-012024-12-31 11741232business:AuditExemptWithAccountantsReport2024-01-012024-12-31 11741232business:FilletedAccounts2024-01-012024-12-31 117412322024-12-31 11741232business:Director12024-01-012024-12-31 11741232business:Director22024-01-012024-12-31 11741232business:RegisteredOffice2024-01-012024-12-31 117412322023-12-31 11741232core:WithinOneYear2024-12-31 11741232core:WithinOneYear2023-12-31 11741232core:AfterOneYear2024-12-31 11741232core:AfterOneYear2023-12-31 11741232core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 11741232core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 11741232core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 11741232core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 11741232core:PreviouslyStatedAmount2024-12-31 11741232core:PreviouslyStatedAmount2023-12-31 11741232business:SmallEntities2024-01-012024-12-31 11741232countries:EnglandWales2024-01-012024-12-31 117412322023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11741232 (England and Wales)
Paar Management Ltd Unaudited accounts for the year ended 31 December 2024
Paar Management Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Paar Management Ltd Company Information for the year ended 31 December 2024
Directors
George William Collins Rachel Launder
Company Number
11741232 (England and Wales)
Registered Office
KEMP HOUSE 160 CITY ROAD LONDON EC1V 2NX UNITED KINGDOM
- 3 -
Paar Management Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
4
8,498 
673 
Cash at bank and in hand
14,714 
21,798 
23,212 
22,471 
Creditors: amounts falling due within one year
5
(81,392)
(71,576)
Net current liabilities
(58,180)
(49,105)
Total assets less current liabilities
(58,180)
(49,105)
Creditors: amounts falling due after more than one year
6
(5,833)
6,167 
Net liabilities
(64,013)
(42,938)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(64,023)
(42,948)
Shareholders' funds
(64,013)
(42,938)
For the year ending 31 December 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.
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 25 September 2025 and were signed on its behalf by
George William Collins Director Company Registration No. 11741232
- 4 -
Paar Management Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Paar Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 11741232. The registered office is KEMP HOUSE, 160 CITY ROAD, LONDON, EC1V 2NX, UNITED KINGDOM.
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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
8,498 
673 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
13,770 
17,090 
VAT
14,681 
6,029 
Other creditors
26,224 
- 
Loans from directors
7,717 
17,457 
Accruals
19,000 
31,000 
81,392 
71,576 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
(23,917)
(50,917)
Deferred income
29,750 
44,750 
5,833 
(6,167)
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 5 -