REGISTERED NUMBER: 11389842 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

PARAMEX DIGITAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P Hands

REGISTERED OFFICE:

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

REGISTERED NUMBER:

11389842 (England and Wales)

ACCOUNTANTS:

TGFP

Chartered Accountants

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

FIXED ASSETS

Tangible assets

4

2,402,019

628,217

CURRENT ASSETS

Debtors

5

998,745

419,262

Cash at bank

84

2,022

998,829

421,284

CREDITORS

Amounts falling due within one year

6

2,908,824

2,744,216

NET CURRENT LIABILITIES

(1,909,995

)

(2,322,932

)

TOTAL ASSETS LESS CURRENT LIABILITIES

492,024

(1,694,715

)

CREDITORS

Amounts falling due after more than one year

7

3,177,136

991,951

NET LIABILITIES

(2,685,112

)

(2,686,666

)

CAPITAL AND RESERVES

Called up and paid share capital

100

100

Retained earnings

(2,685,212

)

(2,686,766

)

(2,685,112

)

(2,686,666

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 October 2025 and were signed by:

P Hands - Director

1.	STATUTORY INFORMATION

Paramex Digital Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Financial instruments

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The financial statements have been prepared on the going concern basis, on the understanding that the company will receive continued support from the director and other creditors for a period of at least 12 months from the date of these financial statements. The financial statements do not account for any adjustments that would be required if the company was unable to achieve these objectives.

Related party disclosures

A related party transaction is defined as a transfer of resources, services or obligations between a

reporting company and a related party, regardless of whether a price is charged.

Related parties under FRS 102 are defined as a person or entity that is related to the entity that is

preparing its financial statements as follows:

A person or a close member of that person's family is related to a reporting entity if that person:

- has joint control or joint control over the reporting entity;

- has significant influence over the reporting entity; or

- is a member of the key management personnel of the reporting entity or of a parent of the reporting

entity.

An entity is related to a reporting entity if any of the following conditions apply;

- the entity and the reporting entity are members of the same group.

- one entity is an associate or joint venture of the other entity.

- both entities are joint ventures of the same third party.

- one entity is a joint venture of third entity and the other entity is an associate of the third entity.

- the entity is a post-employment benefit plan for the benefit of employees of either the reporting entity

or an entity related to the reporting entity. If the reporting entity is itself such a plan, the sponsoring

employers are also related to the reporting entity.

- the entity is controlled or jointly controlled by a person identified above.

- a person identified above has significant influence over the entity or is a member of the

management personnel of the entity.

- the entity, or any member of a group of which it is a part, provides key management personnel

services to the reporting entity or to the parent of the reporting entity.

Key management is defined as those persons having authority and responsibility for planning,

directing and controlling the activities of the entity, directly or indirectly including any director (whether

executive or otherwise) of that entity.

Significant influence is the power to participate in the operating and financial policy decisions of an

entity; it is not control over those policies. Significant influence would assumed where a shareholder

holds 20% or more of the voting rights of the entity.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 June 2024

1,398,144

-

1,398,144

Additions

2,603,714

3,494

2,607,208

Disposals

(77,592

)

-

(77,592

)

At 31 May 2025

3,924,266

3,494

3,927,760

DEPRECIATION

At 1 June 2024

769,927

-

769,927

Charge for year

799,798

874

800,672

Eliminated on disposal

(44,858

)

-

(44,858

)

At 31 May 2025

1,524,867

874

1,525,741

NET BOOK VALUE

At 31 May 2025

2,399,399

2,620

2,402,019

At 31 May 2024

628,217

-

628,217

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

1,210

Amounts owed by participating interests

1,075

1,075

Other debtors

408,396

273,386

VAT

476,010

1,690

Prepayments and accrued income

113,264

141,901

998,745

419,262

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

299,021

43,456

Trade creditors

36,025

3,271

Amounts owed to group undertakings

1,996,235

2,155,595

Social security and other taxes

8,871

4,125

Other creditors

151,254

151,823

Directors' current accounts

415,918

384,546

Accruals and deferred income

1,500

1,400

2,908,824

2,744,216

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

3,177,136

991,951

8.	SECURED DEBTS

The loan is secured by way of a charge over the pledged assets held by the company.