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REGISTERED NUMBER: 10410815 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

BHAMAN LTD

BHAMAN LTD (REGISTERED NUMBER: 10410815)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BHAMAN LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTORS: M Pankhania
B Pankhania





SECRETARY: B Pankhania





REGISTERED OFFICE: Suite 1 Stanmore Towers
8-14 Church Road
Stanmore
HA7 4AW





REGISTERED NUMBER: 10410815 (England and Wales)





ACCOUNTANTS: Sproull & Co.
Chartered Accountants
First Floor, Jebsen House
53-61 High Street
Ruislip
Middlesex
HA4 7BD

BHAMAN LTD (REGISTERED NUMBER: 10410815)

BALANCE SHEET
31ST DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2 2

CURRENT ASSETS
Debtors 5 5,146,549 5,062,584
Cash at bank 43,056 301
5,189,605 5,062,885
CREDITORS
Amounts falling due within one year 6 227,777 98,247
NET CURRENT ASSETS 4,961,828 4,964,638
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,961,830

4,964,640

CAPITAL AND RESERVES
Called up share capital 5,000,002 5,000,002
Retained earnings (38,172 ) (35,362 )
4,961,830 4,964,640

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

BHAMAN LTD (REGISTERED NUMBER: 10410815)

BALANCE SHEET - continued
31ST DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20th September 2024 and were signed on its behalf by:





M Pankhania - Director


BHAMAN LTD (REGISTERED NUMBER: 10410815)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023


1. STATUTORY INFORMATION

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

Investments in subsidiaries
Investments in subsidiaries are measured at cost less accumulated impairment.

Taxation
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st January 2023
and 31st December 2023 2
NET BOOK VALUE
At 31st December 2023 2
At 31st December 2022 2

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 4,738,656 4,967,584
Amounts owed by associates 189,268 95,000
Other debtors 218,625 -
5,146,549 5,062,584

The amounts owed by the group undertakings and associates are interest-free, unsecured and repayable on demand.

BHAMAN LTD (REGISTERED NUMBER: 10410815)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 2,040
Amounts owed to associates 135,000 2,760
Other creditors 92,777 93,447
227,777 98,247

The amounts owed to the associates are interest-free, unsecured and repayable on demand.