| PARAMOUNT PROPERTY MANAGEMENT LIMITED |
| Registered number: |
10868287 |
| Balance Sheet |
| as at 31 January 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
2,580,001 |
|
|
2,580,001 |
|
| Current assets |
| Debtors |
4 |
|
54,000 |
|
|
25,000 |
| Cash at bank and in hand |
|
|
11,098 |
|
|
131,181 |
|
|
|
65,098 |
|
|
156,181 |
|
| Creditors: amounts falling due within one year |
5 |
|
(209,690) |
|
|
(1,007,011) |
|
| Net current liabilities |
|
|
|
(144,592) |
|
|
(850,830) |
|
| Total assets less current liabilities |
|
|
|
2,435,409 |
|
|
1,729,171 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(1,655,163) |
|
|
(947,879) |
|
| Provisions for liabilities |
|
|
|
(149,663) |
|
|
(149,663) |
|
|
| Net assets |
|
|
|
630,583 |
|
|
631,629 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Revaluation reserve |
7 |
|
|
458,751 |
|
|
458,751 |
| Profit and loss account |
|
|
|
171,732 |
|
|
172,778 |
|
| Shareholders' funds |
|
|
|
630,583 |
|
|
631,629 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| 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 accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| HARPREET SINGH |
| Director |
| Approved by the board on 26 October 2026 |
|
| PARAMOUNT PROPERTY MANAGEMENT LIMITED |
| Notes to the Accounts |
| for the year ended 31 January 2026 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 February 2025 |
2,580,001 |
|
At 31 January 2026 |
2,580,001 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 January 2026 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 January 2026 |
2,580,001 |
|
At 31 January 2025 |
2,580,001 |
|
|
| 4 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Trade debtors |
54,000 |
|
25,000 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Bank loans and overdrafts |
1,730 |
|
1,730 |
|
Directors' loan accounts |
- |
|
832,034 |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
95,000 |
|
60,000 |
|
Taxation and social security costs |
96,164 |
|
97,101 |
|
Accrued expenses |
650 |
|
- |
|
Other creditors |
16,146 |
|
16,146 |
|
|
|
|
|
|
209,690 |
|
1,007,011 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Bank loans |
947,832 |
|
947,879 |
|
Directors' loan accounts |
707,331 |
|
- |
|
|
|
|
|
|
1,655,163 |
|
947,879 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Revaluation reserve |
2026 |
|
2025 |
| £ |
£ |
|
|
At 1 February 2025 |
458,751 |
|
458,751 |
|
|
At 31 January 2026 |
458,751 |
|
458,751 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Other information |
|
|
PARAMOUNT PROPERTY MANAGEMENT LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
Suite 27 Unimix House, |
|
Abbey Road, |
|
London, |
|
England. |
|
NW10 7TR |