| Paragon Investments Limited |
| Registered number: |
07003187 |
| Abbreviated Balance Sheet |
| as at 31 August 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
789,597 |
|
|
789,597 |
|
| Current assets |
| Debtors |
|
|
- |
|
|
5,640 |
| Cash at bank and in hand |
|
|
36,993 |
|
|
21,342 |
|
|
|
36,993 |
|
|
26,982 |
|
| Creditors: amounts falling due within one year |
|
|
(40,420) |
|
|
(272,358) |
|
| Net current liabilities |
|
|
|
(3,427) |
|
|
(245,376) |
|
| Total assets less current liabilities |
|
|
|
786,170 |
|
|
544,221 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(416,169) |
|
|
(190,948) |
|
|
|
| Net assets |
|
|
|
370,001 |
|
|
353,273 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
16 |
|
|
16 |
| Share premium |
|
|
|
292,819 |
|
|
292,819 |
| Profit and loss account |
|
|
|
77,166 |
|
|
60,438 |
|
| Shareholders' funds |
|
|
|
370,001 |
|
|
353,273 |
|
|
|
|
|
|
|
|
| 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 in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Marc Cohen |
| Director |
| Approved by the board on 25 April 2016 |
|
| Paragon Investments Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 August 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
|
Investment property |
|
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 September 2014 |
789,597 |
|
At 31 August 2015 |
789,597 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 August 2015 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2015 |
789,597 |
|
At 31 August 2014 |
789,597 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
16 |
|
16 |
|
16 |
|
|
|
|
|
|
|
|
|
