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Company Registration No. 12525562 (England and Wales)
Paramount Kitchens Ltd Unaudited accounts for the year ended 31 March 2025
Paramount Kitchens Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Paramount Kitchens Ltd Company Information for the year ended 31 March 2025
Directors
P Westwater J Lee
Company Number
12525562 (England and Wales)
Registered Office
5 GROSVENOR COURT PRESCOT LIVERPOOL Merseyside L34 6NF ENGLAND
Accountants
Diane Kenny Accountancy & Taxation Services Limited 50 Molyneux Road Waterloo Liverpool L22 4QZ
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Paramount Kitchens Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
60
2,202
Current assets
Debtors
5
1,323
218
Cash at bank and in hand
3,423
1,632
4,746
1,850
Creditors: amounts falling due within one year
6
(18,016)
(18,695)
Net current liabilities
(13,270)
(16,845)
Net liabilities
(13,210)
(14,643)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(13,211)
(14,644)
Shareholders' funds
(13,210)
(14,643)
For the year ending 31 March 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 9 October 2025 and were signed on its behalf by
P Westwater Director Company Registration No. 12525562
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Paramount Kitchens Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Paramount Kitchens Ltd is a private company, limited by shares, registered in England and Wales, registration number 12525562. The registered office is 5 GROSVENOR COURT, PRESCOT, LIVERPOOL, Merseyside, L34 6NF, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Depreciation is calculated using Straight line basis at 25%
Motor vehicles
Depreciation is calculated using Straight line basis at 25%
Computer equipment
Depreciation is calculated using Straight line basis at 25%
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
10,398
249
549
11,196
At 31 March 2025
10,398
249
549
11,196
Depreciation
At 1 April 2024
8,320
126
548
8,994
Charge for the year
2,078
63
1
2,142
At 31 March 2025
10,398
189
549
11,136
Net book value
At 31 March 2025
-
60
-
60
At 31 March 2024
2,078
123
1
2,202
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Paramount Kitchens Ltd Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
217
217
Other debtors
1,105
-
1,322
217
Amounts falling due after more than one year
Other debtors
1
1
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
174
618
Taxes and social security
839
(3,617)
Loans from directors
16,240
20,931
Accruals
763
763
18,016
18,695
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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