Company registration number 10654909 (England and Wales)
PARAGON BAMBOO LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
PARAGON BAMBOO LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
PARAGON BAMBOO LIMITED (REGISTERED NUMBER: 10654909)
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
6,119
8,158
Current assets
Stocks
189,348
170,238
Debtors
4
2,856
33,292
Cash at bank and in hand
3,794
27,203
195,998
230,733
Creditors: amounts falling due within one year
5
(97,437)
(140,110)
Net current assets
98,561
90,623
Total assets less current liabilities
104,680
98,781
Creditors: amounts falling due after more than one year
6
(11,339)
(19,407)
Net assets
93,341
79,374
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
93,241
79,274
Total equity
93,341
79,374
PARAGON BAMBOO LIMITED (REGISTERED NUMBER: 10654909)
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 25 July 2025
Mr S J Duffell
Director
PARAGON BAMBOO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

Paragon Bamboo Limited is a private company limited by shares incorporated in England and Wales. The registered office is 10 Upper Grosvenor Road, Tunbridge Wells, England, TN1 2EP.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of consideration received or receivable for the sale of bamboo products. Turnover is shown net of VAT and is recognised when ownership of the goods is transferred to the customer.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% reducing balance
Computers
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

PARAGON BAMBOO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
2
3
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 April 2024 and 31 March 2025
10,703
3,615
14,318
Depreciation and impairment
At 1 April 2024
4,582
1,578
6,160
Depreciation charged in the year
1,530
509
2,039
At 31 March 2025
6,112
2,087
8,199
Carrying amount
At 31 March 2025
4,591
1,528
6,119
At 31 March 2024
6,121
2,037
8,158
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
2,856
23,142
Other debtors
-
0
10,150
2,856
33,292
PARAGON BAMBOO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
12,384
10,126
Trade creditors
7,459
12,358
Taxation and social security
9,334
26,995
Other creditors
68,260
90,631
97,437
140,110
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
11,339
19,407
7
Financial commitments, guarantees and contingent liabilities

In 2021, the company borrowed £50,000 from its bankers for a Bounce Back Loan. As part of this loan scheme, the UK government has guaranteed the advance and paid the interest and fees due for the first 12 months. As at the balance sheet date, the balance outstanding to the company's bankers was £24,470 (2024: £29,167).

8
Operating lease commitments

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
Total commitments
42,000
54,000
9
Related party transactions

During the year the company received advances from a company under common control. At the balance sheet date the amount owed to that company was £66,695 (2024: £70,628).

10
Parent company

The parent company of Paragon Bamboo Limited is Paragon Microfibre Holdings Limited and its registered office is 10 Upper Grosvenor Road, Tunbridge Wells, Kent, TN1 2EP.

2025-03-31 2024-04-01 false false false 25 July 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr S J Duffell 10654909 2024-04-01 2025-03-31 10654909 2025-03-31 10654909 2024-03-31 10654909 core:FurnitureFittings 2025-03-31 10654909 core:ComputerEquipment 2025-03-31 10654909 core:FurnitureFittings 2024-03-31 10654909 core:ComputerEquipment 2024-03-31 10654909 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 10654909 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 10654909 core:WithinOneYear 2025-03-31 10654909 core:WithinOneYear 2024-03-31 10654909 core:AfterOneYear 2025-03-31 10654909 core:AfterOneYear 2024-03-31 10654909 core:CurrentFinancialInstruments 2025-03-31 10654909 core:CurrentFinancialInstruments 2024-03-31 10654909 core:ShareCapital 2025-03-31 10654909 core:ShareCapital 2024-03-31 10654909 core:RetainedEarningsAccumulatedLosses 2025-03-31 10654909 core:RetainedEarningsAccumulatedLosses 2024-03-31 10654909 bus:Director1 2024-04-01 2025-03-31 10654909 core:FurnitureFittings 2024-04-01 2025-03-31 10654909 core:ComputerEquipment 2024-04-01 2025-03-31 10654909 2023-04-01 2024-03-31 10654909 core:FurnitureFittings 2024-03-31 10654909 core:ComputerEquipment 2024-03-31 10654909 2024-03-31 10654909 core:Non-currentFinancialInstruments 2025-03-31 10654909 core:Non-currentFinancialInstruments 2024-03-31 10654909 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10654909 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10654909 bus:FRS102 2024-04-01 2025-03-31 10654909 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 10654909 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP