Padda Housing Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04014906

Padda Housing Limited

Filleted Unaudited Financial Statements

For the year ended

31 July 2025

Padda Housing Limited

Financial Statements

Year ended 31 July 2025

Contents	Pages

Statement of financial position	1

Notes to the financial statements	2 to 3

Padda Housing Limited

Statement of Financial Position

31 July 2025

	2025		2024
Note	£	£	£

Current assets

Debtors	3	56,886	10,292
Cash at bank and in hand		326,784	384,469
		---------	---------
		383,670	394,761

Creditors: amounts falling due within one year	4	( 282,955)		( 296,445)
		---------		---------
Net current assets			100,715	98,316
			---------	--------
Total assets less current liabilities			100,715	98,316
			---------	--------
Net assets			100,715	98,316
			---------	--------

Capital and reserves

Called up share capital	5	100	100
Profit and loss account		100,615	98,216
		---------	--------
Shareholders funds		100,715	98,316
		---------	--------

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.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 25 April 2026 , and are signed on behalf of the board by:

Parminder S Padda

Director

Company registration number: 04014906

Padda Housing 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 173 Jersey Road, Isleworth, England, TW7 4QJ.

2. Accounting policies

Basis of preparation

As the company has not traded and is not a going concern as defined by FRS 102, these financial statements have been prepared on a basis other than a going concern basis as required by the standard. Assets and liabilities have been included at their amounts receivable and payable at the year end. Otherwise the disclosure requirements of FRS 102 have been applied. The financial statements are prepared in UK sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.

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. In this case, tax is recognised in other comprehensive income. 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. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

3. Debtors

	2025	2024
	£	£
Other debtors	56,886	10,292
	--------	--------

4. Creditors: amounts falling due within one year

	2025	2024
	£	£
Social security and other taxes	563	714
Other creditors	282,392	295,731
	---------	---------
	282,955	296,445
	---------	---------

5. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

6. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Directors .	( 13,387)	97,380	( 27,328)	56,665
	--------	--------	--------	--------

	2024
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Directors .	176,524	6,308	( 196,219)	( 13,387)
	---------	-------	---------	--------

An amount of £587 (2024 - £2,491) based on the official rate of interest on beneficial loan of 2.25% & 3.75% (2024 - 2.25%) was charged on the loan to the directors.

7. Related party transactions

The company entered into the following related party transactions during the year:

Nature of Relationship	Transaction Type	2025	2024
		£	£
Directors and shareholders	Balance due to/(from)	(56,665)	13,387

Company controlled by Directors	Balance due to/(from)	85,000	85,000

Company controlled by Directors	Balance due to/(from)	195,000	195,000

An amount of £587 (2024 - £2,491) based on the official rate of interest on beneficial loan of 2.25% & 3.75% (2024 - 2.25%) was charged on the loan to the directors.