Company Registration No. 14059934 (England and Wales)
PAAR GROUP LTD
Unaudited accounts
for the year ended 30 April 2025
PAAR GROUP LTD
Unaudited accounts
Contents
PAAR GROUP LTD
Company Information
for the year ended 30 April 2025
Directors
Bhavin Patel
Luke Marc Brystead
John Anthony Medhurst
Company Number
14059934 (England and Wales)
Registered Office
47b Islingword Road
Brighton
BN2 9SF
Accountants
SFW Accountants Limited
122 Crofton Road
Orpington
Kent
BR6 8HZ
PAAR GROUP LTD
Statement of financial position
as at 30 April 2025
Tangible assets
630,764
631,256
Cash at bank and in hand
5,201
23,562
Creditors: amounts falling due within one year
(401,821)
(318,072)
Net current assets
647,126
33,087
Total assets less current liabilities
1,277,890
664,343
Creditors: amounts falling due after more than one year
(1,518,883)
(730,404)
Net liabilities
(240,993)
(66,061)
Called up share capital
100
100
Profit and loss account
(241,093)
(66,161)
Shareholders' funds
(240,993)
(66,061)
For the year ending 30 April 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 24 November 2025 and were signed on its behalf by
Bhavin Patel
Director
Company Registration No. 14059934
PAAR GROUP LTD
Notes to the Accounts
for the year ended 30 April 2025
PAAR GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 14059934. The registered office is 47b Islingword Road, Brighton, BN2 9SF.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 May 2024
629,535
1,968
631,503
At 30 April 2025
629,535
1,968
631,503
Charge for the year
-
492
492
At 30 April 2025
-
739
739
At 30 April 2025
629,535
1,229
630,764
At 30 April 2024
629,535
1,721
631,256
PAAR GROUP LTD
Notes to the Accounts
for the year ended 30 April 2025
Amounts falling due after more than one year
Other debtors
1,043,746
327,597
6
Creditors: amounts falling due within one year
2025
2024
Other creditors
12,547
10,168
Loans from directors
386,886
308,542
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
1,518,883
730,404
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).