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COMPANY REGISTRATION NUMBER: 08596969

Paradigm Shift Consulting Limited

Filleted Unaudited Financial Statements

31 July 2025

Paradigm Shift Consulting Limited

Statement of Financial Position

31 July 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 33,666 | 13,953

Current assets

Debtors | 6 | 325,118 |  | 185,660
Cash at bank and in hand | 265,817 |  | 337,658
| --------- |  | ---------
| 590,935 |  | 523,318

Creditors: amounts falling due within one year | 7 | 323,542 |  | 268,908
| --------- |  | ---------
Net current assets |  | 267,393 | 254,410
|  | --------- | ---------
Total assets less current liabilities |  | 301,059 | 268,363

Creditors: amounts falling due after more than one year | 8 |  | – | 8,334
|  | --------- | ---------
Net assets |  | 301,059 | 260,029
|  | --------- | ---------

Capital and reserves

Called up share capital |  | 25 | 25
Profit and loss account |  | 301,034 | 260,004
|  | --------- | ---------
Shareholders funds |  | 301,059 | 260,029
|  | --------- | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The 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 Act with respect to accounting records and the preparation of financial statements .

Paradigm Shift Consulting Limited

Statement of Financial Position (continued)

31 July 2025
These financial statements were approved by the board of directors and authorised for issue on 26 March 2026 , and are signed on behalf of the board by:

Mr D P Rushton |
Director |

Company registration number: 08596969

Paradigm Shift Consulting Limited

Notes to the Financial Statements

Year ended 31 July 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Old Mill, 9 Soar Lane, Leicester, LE3 5DE.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Fixtures & fittings | - | 10% straight line
| Motor vehicles | - | 25% reducing balance
| Equipment | - | 33% straight line

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 5 (2024: 7 ).
5. Tangible assets

| Fixtures and fittings | Motor vehicles | Equipment | Total
| £ | £ | £ | £
Cost |  |  |  |
At 1 August 2024 | 5,115 | – | 23,396 | 28,511
Additions | 2,824 | 16,500 | 8,401 | 27,725
| ------- | -------- | -------- | --------
At 31 July 2025 | 7,939 | 16,500 | 31,797 | 56,236
| ------- | -------- | -------- | --------
Depreciation |  |  |  |
At 1 August 2024 | 1,982 | – | 12,576 | 14,558
Charge for the year | 606 | 688 | 6,718 | 8,012
| ------- | -------- | -------- | --------
At 31 July 2025 | 2,588 | 688 | 19,294 | 22,570
| ------- | -------- | -------- | --------
Carrying amount |  |  |  |
At 31 July 2025 | 5,351 | 15,812 | 12,503 | 33,666
| ------- | -------- | -------- | --------
At 31 July 2024 | 3,133 | – | 10,820 | 13,953
| ------- | -------- | -------- | --------

6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 213,705 | 127,747
Other debtors | 111,413 | 57,913
| --------- | ---------
| 325,118 | 185,660
| --------- | ---------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 8,440 | 10,000
Trade creditors | 87,021 | 69,706
Corporation tax | 77,727 | 69,000
Social security and other taxes | 80,837 | 67,956
Other creditors | 69,517 | 52,246
| --------- | ---------
| 323,542 | 268,908
| --------- | ---------

8. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | – | 8,334
| ---- | -------

9. Related party transactions
During the year the company recharged expenditure to two related parties, in both of which one of the directors held a controlling interest, totaling £467 (2024: £10,514). The amount is included in income and expenditure in the profit and loss account. The balance outstanding at the year end is £9,298 (2024: £9,298) and is included in trade debtors. During the year the company provided interest free loans to two related parties, in both of which one of the directors held a controlling interest. The balance outstanding at the year end is £108,498 (2024: £56,506) and is included in other debtors. At the balance sheet date the directors were owed £25,291 (2024: £3,306) by the company.