Registration number: 07350330

Paul Aggarwal Ltd

Contents

Abridged Balance Sheet	1
Notes to the Unaudited Abridged Financial Statements	2 to 3

Paul Aggarwal Ltd

(Registration number: 07350330)
Abridged Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	288,356	308,164
Current assets
Stocks		4,164	12,688
Debtors		77,749	62,699
Cash at bank and in hand		194,293	154,137
		276,206	229,524
Creditors: Amounts falling due within one year		(260,652)	(282,511)
Net current assets/(liabilities)		15,554	(52,987)
Total assets less current liabilities		303,910	255,177
Provisions for liabilities		(8,807)	(11,021)
Net assets		295,103	244,156
Capital and reserves
Called up share capital		100	100
Profit and loss account		295,003	244,056
Total equity		295,103	244,156

For the financial year ending 31 March 2026 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 of its accounts for the year in question in accordance with section 476; and
	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 2 July 2026 and signed on its behalf by:
 

Mr P Aggarwal

Director

Paul Aggarwal Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Calyx House
South Road
Taunton
Somerset
TA1 3DU

These financial statements were authorised for issue by the Board on 2 July 2026.

2	Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover represents the amounts, excluding value added tax, derived from the provision of goods and services to customers during the year.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Land and Buildings	Over the term of the lease.
Fixtures and Fittings	25% reducing balance.
Plant and Machinery	25% straight line.

Paul Aggarwal Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026

Office Equipment

25% straight line.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 11 (2025 - 12).

4	Tangible assets

	Total £
Cost or valuation
At 1 April 2025	547,523
Additions	8,309
At 31 March 2026	555,832
Depreciation
At 1 April 2025	239,359
Charge for the year	28,117
At 31 March 2026	267,476
Carrying amount
At 31 March 2026	288,356
At 31 March 2025	308,164