REGISTERED NUMBER: 07021717 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Paramount Safety Management Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S Cleland

SECRETARY:

Mrs E Cleland

REGISTERED OFFICE:

12 Parkside

Blackhill

Consett

Co. Durham

DH8 5XR

REGISTERED NUMBER:

07021717 (England and Wales)

FIXED ASSETS

Intangible assets

4

44,693

51,880

Tangible assets

5

41,059

10,009

85,752

61,889

CURRENT ASSETS

Debtors

6

43,404

20,268

Cash at bank

235,983

204,063

279,387

224,331

CREDITORS

Amounts falling due within one year

7

167,283

116,791

NET CURRENT ASSETS

112,104

107,540

TOTAL ASSETS LESS CURRENT LIABILITIES

197,856

169,429

PROVISIONS FOR LIABILITIES

4,056

1,179

NET ASSETS

193,800

168,250

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

193,699

168,149

SHAREHOLDERS' FUNDS

193,800

168,250

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 2 June 2026 and were signed by:

Mr S Cleland - Director

1.	STATUTORY INFORMATION

Paramount Safety Management 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.

Turnover

Turnover represents net invoiced sales of services, excluding Value Added Tax.

Revenue recognition

Revenue is recognised under an exchange transaction with a customer when, and to the extent that, the company receives a right to consideration from its performance.

Part completed contracts at the year-end that fulfil the criteria are included in these financial statements based on their fair value of the right to consideration at the balance sheet date.

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.

Computer software is being amortised evenly over its estimated useful life of ten years.

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

-

33% on cost, 20% on cost and 10% on cost

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 October 2024

and 30 September 2025

74,257

AMORTISATION

At 1 October 2024

22,377

Charge for year

7,187

At 30 September 2025

29,564

NET BOOK VALUE

At 30 September 2025

44,693

At 30 September 2024

51,880

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

36,263

Additions

38,817

At 30 September 2025

75,080

DEPRECIATION

At 1 October 2024

26,254

Charge for year

7,767

At 30 September 2025

34,021

NET BOOK VALUE

At 30 September 2025

41,059

At 30 September 2024

10,009

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

42,094

19,498

Other debtors

1,310

770

43,404

20,268

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

2,968

2,394

Taxation and social security

26,920

24,962

Other creditors

137,395

89,435

167,283

116,791