PARAMORE MARINE LTD

PARAMORE MARINE LTD

Statement of Financial Position

As at 31 May 2026

	2026 £		2025 £
Fixed assets		977		1,241
Current assets	4,895		8,642
Creditors: amount falling due within one year	(17,699)		(13,198)
Net current assets/(liabilities)		(12,804)		(4,556)
Total assets less current liabilities		(11,827)		(3,315)
Net assets/(liabilities)		(11,827)		(3,315)


Capital and reserves		(11,827)		(3,315)

Notes to the Accounts

Statutory Information

Paramore Marine Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 12614063, registration address Ffridd, Mynytho, Pwllheli, Gwynedd, LL53 7RH, Wales.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).

Going Concern

The financial statements have been prepared on a going concern basis. The Company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long-term liabilities as current liabilities.

2.	Average number of employees Average number of employees during the year were 2 (2025: 2).

Directors' Responsibilities:

For the year ended 31 May 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 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The financial statements have been prepared in accordance with the micro-entity provisions.

Signed on behalf of the board of directors:

---------------------------------------------

Michael John Paramore
Director

Date approved: 22 September 2026