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Company Registration No. 11537518 (England and Wales)
Paal Group Limited Unaudited accounts for the year ended 31 July 2025
Paal Group Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Paal Group Limited Company Information for the year ended 31 July 2025
Directors
Vikramjeet Singh Landa Jagatjeet Singh Landa Pritpal Landa
Company Number
11537518 (England and Wales)
Registered Office
The Clocktower Park Road Bestwood Village Nottingham NG6 8TQ England
Accountants
Net Accountancy Solutions Limited 12 Harles Acres Hickling Melton Mowbray LEICESTERSHIRE LE14 3AF
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Paal Group Limited Statement of financial position as at 31 July 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Investment property
5
447,282 
445,474 
Current assets
Debtors
6
15,645 
7,535 
Cash at bank and in hand
327 
335 
15,972 
7,870 
Creditors: amounts falling due within one year
7
(461,467)
(469,293)
Net current liabilities
(445,495)
(461,423)
Net assets/(liabilities)
1,787 
(15,949)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,687 
(16,049)
Shareholders' funds
1,787 
(15,949)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 April 2026 and were signed on its behalf by
Pritpal Landa Director Company Registration No. 11537518
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Paal Group Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Paal Group Limited is a private company, limited by shares, registered in England and Wales, registration number 11537518. The registered office is The Clocktower Park Road, Bestwood Village, Nottingham, NG6 8TQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2024
1,257 
At 31 July 2025
1,257 
Depreciation
At 1 August 2024
1,257 
At 31 July 2025
1,257 
Net book value
At 31 July 2025
- 
5
Investment property
2025 
£ 
Fair value at 1 August 2024
445,474 
Additions
1,875 
Disposals
(67)
At 31 July 2025
447,282 
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Paal Group Limited Notes to the Accounts for the year ended 31 July 2025
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,531 
171 
Other debtors
6,114 
7,364 
15,645 
7,535 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
2,277 
1,103 
Taxes and social security
3,087 
(413)
Other creditors
6,690 
6,690 
Loans from directors
446,913 
461,913 
Deferred income
2,500 
- 
461,467 
469,293 
8
Transactions with related parties
In the year ended 31st July 2023 the directors loaned the company £461,863 in order for it to purchase The Clock Tower. At the end of the year £446,913 was owed to the directors (2024: £461,913) The loan is interest free and repayable on demand and shown under creditors: amounts falling due within one year. Sales in the accounts comprise licence fees charge to associated companies, PAAL Properties Limited £1,200, Rubycore Limited £9,900 and Versa Space Limited £10,200. At the end of the year Rubycore Limited owed the company £11,364 and Versa Space Limited owed the company £150 and the company owed PAAL Properties Limited £1,360. All amounts are interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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