PARAGON SEATING LTD
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
5,107
1,767
Creditors: amounts falling due within one year
(8,355)
(3,335)
Net current assets
1,252
932
Called up share capital
10
10
Profit and loss account
1,242
922
Shareholders' funds
1,252
932
For the year ending 30 June 2023 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 May 2024 and were signed on its behalf by
Zayn Ul-Abidin ASHRAF
Director
Company Registration No. 12641980
PARAGON SEATING LTD
Notes to the Accounts
for the year ended 30 June 2023
PARAGON SEATING LTD is a private company, limited by shares, registered in England and Wales, registration number 12641980. The registered office is Unit 19 , Kings Church The Mill Industrial Estate, Bury New Road, Bolton, BL2 6QE, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Average number of employees
During the year the average number of employees was 2 (2022: 1).