REGISTERED NUMBER: 04493499 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

PARAGON ROOFING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

W G Channon

Secretary:

Mrs M Channon

Registered office:

3rd Floor

86-90 Paul Street

London

EC2A 4NE

Registered number:

04493499 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

14,557

18,694

Current assets

Stocks

5

4,335

4,335

Debtors

6

8,549

8,156

Cash at bank

72,525

85,640

85,409

98,131

Creditors

Amounts falling due within one year

7

68,603

88,466

Net current assets

16,806

9,665

Total assets less current liabilities

31,363

28,359

Creditors

Amounts falling due after more than one year

8

(1,089

)

(9,833

)

Provisions for liabilities

9

(3,639

)

(4,674

)

Net assets

26,635

13,852

Capital and reserves

Called up share capital

10

100

100

Retained earnings

11

26,535

13,752

Shareholders' funds

26,635

13,852

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

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

The director acknowledges his 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 Profit And Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 April 2026 and were signed by:

W G Channon - Director

1.	Statutory information

Paragon Roofing Ltd 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.

Key source of estimation, uncertainty and judgement

The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

There is estimation uncertainty in calculating depreciation. A full line by line review of fixed assets is carried out by management regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful life of the assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Work in progress

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the profit and loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

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 2 (2024 - 4 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 August 2024

71,052

Additions

2,244

At 31 July 2025

73,296

Depreciation

At 1 August 2024

52,358

Charge for year

6,381

At 31 July 2025

58,739

Net book value

At 31 July 2025

14,557

At 31 July 2024

18,694

5.

Stocks

2025

2024

£

£

Stocks

1,250

1,250

Work-in-progress

3,085

3,085

4,335

4,335

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

7,044

6,627

Other debtors

1,505

1,529

8,549

8,156

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

4,387

5,145

Hire purchase contracts

4,356

4,356

Trade creditors

4,248

7,529

Taxation and social security

49,466

42,011

Other creditors

6,146

29,425

68,603

88,466

8.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

-

4,387

Hire purchase contracts

1,089

5,446

1,089

9,833

9.	Provisions for liabilities

2025

2024

£

£

Deferred tax

3,639

4,674

Deferred tax

£

Balance at 1 August 2024

4,674

Provided during year

(1,035

)

Balance at 31 July 2025

3,639

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100

11.

Reserves

Retained

earnings

£

At 1 August 2024

13,752

Profit for the year

119,733

Dividends

(106,950

)

At 31 July 2025

26,535