Paramount Fire Limited - Accounts to registrar (filleted) - small 18.1

Paramount Fire Limited - Accounts to registrar (filleted) - small 18.1

PARAMOUNT FIRE LIMITED - Company Information

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REGISTERED NUMBER: 07390840 (England and Wales)














Financial Statements for the Year Ended 30 September 2017

for

Paramount Fire Limited
Paramount Fire Limited (Registered number: 07390840)






Contents of the Financial Statements
for the Year Ended 30 September 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Paramount Fire Limited

Company Information
for the Year Ended 30 September 2017







DIRECTOR: J T Mason





REGISTERED OFFICE: 1C Amberside
Wood Lane
Hemel Hempstead
Hertfordshire
HP2 4TP





REGISTERED NUMBER: 07390840 (England and Wales)





ACCOUNTANTS: Farrell & Co
1C Amberside
Wood Lane
Hemel Hempstead
Hertfordshire
HP2 4TP
Page 1
Paramount Fire Limited (Registered number: 07390840)

Balance Sheet
30 September 2017

30.9.17 30.9.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,646 2,195

CURRENT ASSETS
Debtors 5 - 2,233
Cash at bank 10,710 5,556
10,710 7,789
CREDITORS
Amounts falling due within one year 6 11,692 9,840
NET CURRENT LIABILITIES (982 ) (2,051 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
664
144

PROVISIONS FOR LIABILITIES 7 212 -
NET ASSETS 452 144

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 352 44
SHAREHOLDERS' FUNDS 452 144

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 24 May 2018 and were signed by:



J T Mason - Director


The notes form part of these financial statements

Page 2
Paramount Fire Limited (Registered number: 07390840)

Notes to the Financial Statements
for the Year Ended 30 September 2017

1. STATUTORY INFORMATION

Paramount Fire Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2016
and 30 September 2017 125 10,500 966 11,591
DEPRECIATION
At 1 October 2016 95 8,631 670 9,396
Charge for year 8 467 74 549
At 30 September 2017 103 9,098 744 9,945
NET BOOK VALUE
At 30 September 2017 22 1,402 222 1,646
At 30 September 2016 30 1,869 296 2,195

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.17 30.9.16
£    £   
Other debtors - 2,233

Page 3 continued...
Paramount Fire Limited (Registered number: 07390840)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2017

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.17 30.9.16
£    £   
Trade creditors 857 1
Taxation and social security 9,601 8,889
Other creditors 1,234 950
11,692 9,840

7. PROVISIONS FOR LIABILITIES
30.9.17 30.9.16
£    £   
Deferred tax 212 -

Deferred
tax
£   
Provided during year 212
Balance at 30 September 2017 212

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 30.9.17 30.9.16
value: £    £   
100 Ordinary 1 100 100

9. RESERVES
Retained
earnings
£   

At 1 October 2016 44
Profit for the year 24,808
Dividends (24,500 )
At 30 September 2017 352

Page 4