Registration number: 08315219

Paradigm Shift Training Ltd

Contents

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

Paradigm Shift Training Ltd

(Registration number: 08315219)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	41,965	45,500
Current assets
Stocks		306	306
Debtors	5	1,000	1,000
Cash at bank and in hand		9,808	7,974
		11,114	9,280
Creditors: Amounts falling due within one year	6	(49,979)	(49,965)
Net current liabilities		(38,865)	(40,685)
Net assets		3,100	4,815
Capital and reserves
Called up share capital		100	100
Retained earnings		3,000	4,715
Shareholders' funds		3,100	4,815

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	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 director acknowledges his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 15 September 2026
 

......................................... Mr A P Townsend Director

Paradigm Shift Training Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

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

The address of its registered office is:
13 Cooper Lane
Halifax
West Yorkshire
HX3 7RD

These financial statements were authorised for issue by the director on 15 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been 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 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.

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
Fixtures, Fittings and equipments	15% on RB & Fully written off
Short Lease Hold Premises	2% on Cost

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

Paradigm Shift Training Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Tangible assets

	Short leasehold land and buildings £	Fixtures and fittings £	Other tangible assets  £	Total £
Cost or valuation
At 1 January 2025	29,801	57,894	2,863	90,558
Additions	-	140	-	140
At 31 December 2025	29,801	58,034	2,863	90,698
Depreciation
At 1 January 2025	4,830	37,365	2,863	45,058
Charge for the year	596	3,079	-	3,675
At 31 December 2025	5,426	40,444	2,863	48,733
Carrying amount
At 31 December 2025	24,375	17,590	-	41,965
At 31 December 2024	24,971	20,529	-	45,500

Included within the net book value of land and buildings above is £24,375 (2024 - £24,971) in respect of short leasehold land and buildings.
 

5

Debtors

	2025 £	2024 £
Other debtors	1,000	1,000
	1,000	1,000

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	273	265
Accruals and deferred income	2,250	2,200
Other creditors	47,456	47,500
	49,979	49,965