IRIS Accounts Production v25.4.0.155 00765400 Board of Directors 1.4.24 31.3.25 31.3.25 true false true false false true false Fair value model Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 00765400 2024-03-31 00765400 2025-03-31 00765400 2024-04-01 2025-03-31 00765400 2023-03-31 00765400 2023-04-01 2024-03-31 00765400 2024-03-31 00765400 ns15:EnglandWales 2024-04-01 2025-03-31 00765400 ns14:PoundSterling 2024-04-01 2025-03-31 00765400 ns10:Director1 2024-04-01 2025-03-31 00765400 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 00765400 ns10:SmallEntities 2024-04-01 2025-03-31 00765400 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 00765400 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 00765400 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 00765400 ns10:FullAccounts 2024-04-01 2025-03-31 00765400 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 00765400 ns10:Director2 2024-04-01 2025-03-31 00765400 ns10:CompanySecretary1 2024-04-01 2025-03-31 00765400 ns10:RegisteredOffice 2024-04-01 2025-03-31 00765400 ns5:CurrentFinancialInstruments 2025-03-31 00765400 ns5:CurrentFinancialInstruments 2024-03-31 00765400 ns5:ShareCapital 2025-03-31 00765400 ns5:ShareCapital 2024-03-31 00765400 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 00765400 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 00765400 1 2024-04-01 2025-03-31 00765400 ns5:LandBuildings 2024-03-31 00765400 ns5:LandBuildings 2025-03-31 00765400 ns5:LandBuildings 2024-03-31 00765400 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 00765400 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 00765400 ns10:OrdinaryShareClass1 2025-03-31

THE PARAMOUNT ESTATES

(LANCASHIRE) LIMITED

Unaudited Financial Statements

for the Year Ended 31st March 2025

| THE PARAMOUNT ESTATES |

| (LANCASHIRE) LIMITED (REGISTERED NUMBER: 00765400) |

Contents of the Financial Statements

for the year ended 31st March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| THE PARAMOUNT ESTATES |

| (LANCASHIRE) LIMITED |

Company Information

for the year ended 31st March 2025

| DIRECTORS: | G T Owens

| G H E Birch

| SECRETARY: | G T Owens

| REGISTERED OFFICE: | 1 Abbots Quay

| Monks Ferry

| Birkenhead

| Wirral

| CH41 5LH

| REGISTERED NUMBER: | 00765400 (England and Wales)

| ACCOUNTANTS: | DJH Wirral & Chester Limited

| 1 Abbots Quay

| Monks Ferry

| Birkenhead

| CH41 5LH

| THE PARAMOUNT ESTATES |

| (LANCASHIRE) LIMITED (REGISTERED NUMBER: 00765400) |

Balance Sheet

31st March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 35,000 |  | 35,000 |  |

Investment property | 5 | 11,590,000 |  | 11,231,000 |  |

11,625,000 |  | 11,266,000 |  |

CURRENT ASSETS

Stocks | 117,844 |  | 117,844 |  |

Debtors | 6 | 375,441 |  | 199,584 |  |

Cash at bank | 34,195 |  | 29,012 |  |

527,480 |  | 346,440 |  |

CREDITORS

Amounts falling due within one year | 7 | 5,781,664 |  | 5,761,427 |  |

NET CURRENT LIABILITIES | (5,254,184 | ) | (5,414,987 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 6,370,816 |  | 5,851,013 |  |

PROVISIONS FOR LIABILITIES | 561,911 |  | 472,161 |  |

NET ASSETS | 5,808,905 |  | 5,378,852 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 1,512 |  | 1,512 |  |

Retained earnings | 5,807,393 |  | 5,377,340 |  |

SHAREHOLDERS' FUNDS | 5,808,905 |  | 5,378,852 |  |

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

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

The directors acknowledge their 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 PARAMOUNT ESTATES |

| (LANCASHIRE) LIMITED (REGISTERED NUMBER: 00765400) |

Balance Sheet - continued

31st March 2025

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th December 2025 and were signed on its behalf by:

G T Owens - Director

| THE PARAMOUNT ESTATES |

| (LANCASHIRE) LIMITED (REGISTERED NUMBER: 00765400) |

Notes to the Financial Statements

for the year ended 31st March 2025

1. | STATUTORY INFORMATION

| The Paramount Estates (Lancashire) 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 as modified by the revaluation of certain assets.

| Critical accounting judgements and key sources of estimation uncertainty

| Preparation of the financial statements requires management to make significant judgements and estimates. The areas in the financial statements where these judgements and estimates have been made include:

| - Valuation of investment properties.

| Turnover

| The company's turnover represents rents from properties received from tenants during the year.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Stocks

| Stocks are stated at the lower of cost or net realiseable value.

| Cost comprises purchase cost and those overheads that have been incurred in bringing the stock to its present location and condition.

| Financial instruments

| Debtors/creditors and directors loans (being repayable on demand) are measured at the undiscounted amount of the cash or other consideration expected to be paid.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

| THE PARAMOUNT ESTATES |

| (LANCASHIRE) LIMITED (REGISTERED NUMBER: 00765400) |

Notes to the Financial Statements - continued

for the year ended 31st March 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Debtors

| Short term debtors are measured at transaction price, less any impairment.

| Creditors

| Short term creditors are measured at the transaction price.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 3 ) .

4. | TANGIBLE FIXED ASSETS

| Land and

| buildings

£ |

| COST

| At 1st April 2024

| and 31st March 2025 | 35,000 |  |

| NET BOOK VALUE

| At 31st March 2025 | 35,000 |  |

| At 31st March 2024 | 35,000 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1st April 2024 | 11,231,000 |  |

| Revaluations | 359,000 |  |

| At 31st March 2025 | 11,590,000 |  |

| NET BOOK VALUE

| At 31st March 2025 | 11,590,000 |  |

| At 31st March 2024 | 11,231,000 |  |

| THE PARAMOUNT ESTATES |

| (LANCASHIRE) LIMITED (REGISTERED NUMBER: 00765400) |

Notes to the Financial Statements - continued

for the year ended 31st March 2025

5. | INVESTMENT PROPERTY - continued

| Fair value at 31st March 2025 is represented by:

£ |

| Valuation in 2025 | 6,131,174 |  |

| Cost | 5,458,826 |  |

11,590,000 |  |

| If land and buildings had not been revalued they would have been included at the following historical cost:

2025 | 2024 |

£ | £ |

| Cost | 5,458,826 |  | 5,458,826 |  |

| Investment properties were valued on an open market value basis on 31st March 2025 by Mr G. T. Owens, Director .

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 375,441 |  | 199,584 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Taxation and social security | 161,299 |  | 137,202 |  |

| Other creditors | 5,620,365 |  | 5,624,225 |  |

5,781,664 |  | 5,761,427 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1,512 | Ordinary | £1 | 1,512 |  | 1,512 |  |

9. | RELATED PARTY DISCLOSURES

| Included in other creditors is the sum of £5,550,000 (2024 - £5,550,000) owed by the company to Mr G T Owens, the company's Director.

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (Section 33), not to disclose related party transactions with wholly owned subsidiaries within the group.