REGISTERED NUMBER: 05060799 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

PARESH LIMITED

Page

Company Information

1

Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTORS:

M Ruparel

Mrs S Ruparel

Prinal Ruparel

SECRETARY:

Mrs S Ruparel

REGISTERED OFFICE:

28 Chigwell Rise

Chigwell

Essex

IG7 6AG

REGISTERED NUMBER:

05060799 (England and Wales)

ACCOUNTANTS:

STG Accountants Ltd

505 Pinner Road

Harrow

Middlesex

HA2 6EH

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Paresh Limited for the year ended 31 March 2025 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Paresh Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Paresh Limited and state those matters that we have agreed to state to the Board of Directors of Paresh Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Paresh Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Paresh Limited. You consider that Paresh Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Paresh Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

STG Accountants Ltd

505 Pinner Road

Harrow

Middlesex

HA2 6EH

11 December 2025

FIXED ASSETS

Intangible assets

4

1

29,243

Tangible assets

5

4,799

5,646

4,800

34,889

CURRENT ASSETS

Stocks

60,000

60,000

Debtors

6

587,028

665,580

Cash at bank and in hand

62,843

28,131

709,871

753,711

CREDITORS

Amounts falling due within one year

7

154,185

157,115

NET CURRENT ASSETS

555,686

596,596

TOTAL ASSETS LESS CURRENT LIABILITIES

560,486

631,485

PROVISIONS FOR LIABILITIES

1,746

1,746

NET ASSETS

558,740

629,739

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

558,640

629,639

SHAREHOLDERS' FUNDS

558,740

629,739

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 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 11 December 2025 and were signed on its behalf by:

M Ruparel - Director

1.	STATUTORY INFORMATION

Paresh 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.

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.

Turnover

Turnover represents sales of goods and services net of VAT and trade discounts. Turnover is recognised when the company has a right to the consideration.

Goodwill

Goodwill is written off in equal annual instalments over its estimated useful economic life.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

15% on reducing balance

Stocks

Stocks are measured at the lower of cost and selling price less cost to sell. Cost is calculated on a first in, first out basis and includes all costs of purchase, costs of conversion and other costs incurred in bringing the inventories to their present location and condition.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 20 ).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

835,504

AMORTISATION

At 1 April 2024

806,261

Charge for year

29,242

At 31 March 2025

835,503

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

29,243

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

1

48,550

48,551

DEPRECIATION

At 1 April 2024

-

42,905

42,905

Charge for year

-

847

847

At 31 March 2025

-

43,752

43,752

NET BOOK VALUE

At 31 March 2025

1

4,798

4,799

At 31 March 2024

1

5,645

5,646

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

192,553

199,077

Other debtors

100,399

109,924

Directors' current accounts

272,823

325,670

VAT

12,695

21,503

Prepayments

8,558

9,406

587,028

665,580

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

121,259

111,313

Tax

26,312

42,498

Social security and other taxes

6,310

2,740

Pension Payable

304

564

154,185

157,115

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the company declared and paid dividends of £60,000 (2023: £60,000) to the directors.

At the balance sheet date, the directors were indebted to the company in the sum of £272,823 (2023: £325,670). The outstanding balance bears interest at 2.25% per annum.

9.	ULTIMATE CONTROLLING PARTY

The directors are the ultimate controllers as they together hold the entire issued share capital of the company.