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Company Registration No. 10424303 (England and Wales)
Paragone Nft Limited Unaudited accounts for the year ended 31 October 2025
Paragone Nft Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Paragone Nft Limited Company Information for the year ended 31 October 2025
Directors
A Biswas S J Wilson
Secretary
A Biswas
Company Number
10424303 (England and Wales)
Registered Office
8 Twynersh Avenue Chertsey KT16 9DE England
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Paragone Nft Limited Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
63
84
Current assets
Debtors
5
100
100
Cash at bank and in hand
45
52
145
152
Creditors: amounts falling due within one year
6
(80,001)
(79,051)
Net current liabilities
(79,856)
(78,899)
Net liabilities
(79,793)
(78,815)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(79,893)
(78,915)
Shareholders' funds
(79,793)
(78,815)
For the year ending 31 October 2025 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 18 November 2025 and were signed on its behalf by
A Biswas Director Company Registration No. 10424303
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Paragone Nft Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Paragone Nft Limited is a private company, limited by shares, registered in England and Wales, registration number 10424303. The registered office is 8 Twynersh Avenue, Chertsey, KT16 9DE, 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.
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.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances.
Depreciation
Depreciation is provided using the rates to reduce by annual instalments the cost of the tangible assets over their estimated useful lives as follows:-
Plant & machinery
25% per annum on a reducing balance basis
Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted.
Going concern
At the balance sheet date, the company's liabilities exceeded its assets by £79,793 (2024 - £78,815). The company continues to obtain profitable sales and the directors are confident of a return to solvency in the foreseeable future. In the circumstances, these financial statements have been prepared on a going concern basis.
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Paragone Nft Limited Notes to the Accounts for the year ended 31 October 2025
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 November 2024
704
At 31 October 2025
704
Depreciation
At 1 November 2024
620
Charge for the year
21
At 31 October 2025
641
Net book value
At 31 October 2025
63
At 31 October 2024
84
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
100
100
6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
80,001
79,051
7
Transactions with related parties
Messrs. A. Biswas and S.J. Wilson are the directors of the company and each own 50% of the issued share capital. At the balance sheet date, £38,600 (2024 - £37,650) was owed to WebDrive365 Limited, a company under the control of Messrs. A. Biswas and S.J. Wilson who are both directors and own 60% of the issued share capital.
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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