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Registered number: 08433478
Pedoria Group Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Charts Accountants LLP
Chartered Certified Accountants
17-19 Church Road
Northfield
Birmingham
B31 2JZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08433478
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 625,000 625,000
Investments 5 1,854,142 1,854,142
2,479,142 2,479,142
CURRENT ASSETS
Debtors 6 73,434 72,811
Cash at bank and in hand 3,657,127 3,708,914
3,730,561 3,781,725
Creditors: Amounts Falling Due Within One Year 7 (50,620 ) (71,013 )
NET CURRENT ASSETS (LIABILITIES) 3,679,941 3,710,712
TOTAL ASSETS LESS CURRENT LIABILITIES 6,159,083 6,189,854
Creditors: Amounts Falling Due After More Than One Year 8 (276,472 ) (891,276 )
NET ASSETS 5,882,611 5,298,578
CAPITAL AND RESERVES
Called up share capital 9 10 10
Profit and Loss Account 5,882,601 5,298,568
SHAREHOLDERS' FUNDS 5,882,611 5,298,578
Page 1
Page 2
For the year ending 31 March 2024 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Sailesh Devlukia
Director
Mr Atul Dhanani
Director
31st October 2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Pedoria Group Limited Registered number 08433478 is a limited by shares company incorporated in England & Wales. The Registered Office is Unit 22 Empire Centre, Imperial Way, Watford, Hertfordshire, WD24 4YH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The accounts present information about the parent undertaking as an individual undertaking and not about its group.
The company is exempt from preparing group accounts as it is a small group.
The company is not required to produce a cash flow statement on the grounds that it is a small company.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover represents rent received for the investment property, excluding value added tax.
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
Tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.6. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Investment Properties
£
Cost or Valuation
As at 1 April 2023 625,000
As at 31 March 2024 625,000
Net Book Value
As at 31 March 2024 625,000
As at 1 April 2023 625,000
The valuation of investment properties was carried out at the balance sheet date by the directors on an open market basis. No depreciation or amortisation is provided in respect of these properties. The historic cost of the investment properties within the group was £850,000.
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5. Investments
Unlisted
£
Cost
As at 1 April 2023 1,854,142
As at 31 March 2024 1,854,142
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 1,854,142
As at 1 April 2023 1,854,142
The total value of ivestments of £1,854,142 comprises: subsidiary undertakings - £1,804,809; participating interests - £49,333.  Investments are recorded at historical cost.
In the opinion of the directors the shares in the company’s subsidiaries are worth at least the amounts at 
which they are stated in the balance sheet. 
The principal undertakings in which the company's interest at the year end is 20% or more are as follows:
Subsidiary companies
ACS-APT Computer Systems Limited
Nature of business: Information technology and consultancy
Class of shares: Ordinary % Holding: 100
Kudrati Limited
Nature of business: Wholesalers of fresh fruits and vegetables
Class of shares: Ordinary % Holding: 100
Participating interests
Euro SA
Country of incorporation: Peru
Nature of business: Farming
Class of shares: Ordinary % Holding: 22.22
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Page 6
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,468 4,887
Prepayments and accrued income 68,966 54,522
Other debtors - 13,402
73,434 72,811
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 2
Corporation tax 44,671 16,236
Other taxes and social security 1,081 1,081
VAT 1,500 1,200
Accruals and deferred income 3,368 52,494
50,620 71,013
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 213,628 495,370
Amounts owed to subsidiaries 62,844 395,906
276,472 891,276
9. Share Capital
2024 2023
Allotted, called up and fully paid £ £
10 Ordinary Shares of £ 1.00 each 10 10
10. Capital Commitments
At the end of the period, the company had no material capital commitments contracted for but not provided in these financial statements
11. Controlling Party
No single party controls the company.
Page 6