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REGISTERED NUMBER: 10120550 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th April 2024

for

Sukhnivaas Limited

Sukhnivaas Limited (Registered number: 10120550)






Contents of the Financial Statements
for the Year Ended 30th April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sukhnivaas Limited

Company Information
for the Year Ended 30th April 2024







DIRECTORS: Mrs G Joshi
P R Chitale





SECRETARY: Mrs G Joshi





REGISTERED OFFICE: 2 The Rosings
13 Falcon Avenue
Bickley
Kent
BR1 2EH





REGISTERED NUMBER: 10120550 (England and Wales)





ACCOUNTANTS: OCG Accountants Ltd
Biz Hub Tees Valley
Belasis Hall Technology Park
Coxwold Way
Billingham
Co. Durham
TS23 4EA

Sukhnivaas Limited (Registered number: 10120550)

Balance Sheet
30th April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 749,725
Investment property 5 751,685 -
751,685 749,725

CURRENT ASSETS
Debtors 6 634 1,141
Cash at bank 20,990 9,007
21,624 10,148
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

7

(188,092

)

(634

)
NET CURRENT (LIABILITIES)/ASSETS (166,468 ) 9,514
TOTAL ASSETS LESS CURRENT LIABILITIES 585,217 759,239

CREDITORS: AMOUNTS FALLING DUE AFTER
MORE THAN ONE YEAR

8

597,663

610,284

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings (12,450 ) 148,951
(12,446 ) 148,955
585,217 759,239

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 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.

Sukhnivaas Limited (Registered number: 10120550)

Balance Sheet - continued
30th April 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5th March 2025 and were signed on its behalf by:





P R Chitale - Director


Sukhnivaas Limited (Registered number: 10120550)

Notes to the Financial Statements
for the Year Ended 30th April 2024

1. STATUTORY INFORMATION

Sukhnivaas 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 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.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

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.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Sukhnivaas Limited (Registered number: 10120550)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st May 2023 749,275 450 749,725
Reclassification/transfer (749,275 ) (450 ) (749,725 )
At 30th April 2024 - - -
NET BOOK VALUE
At 30th April 2024 - - -
At 30th April 2023 749,275 450 749,725

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 1,960
Reclassification/transfer 749,725
At 30th April 2024 751,685
NET BOOK VALUE
At 30th April 2024 751,685

The directors see no benefit in revaluing the assets.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 634 1,141

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security - 634
Other creditors 188,092 -
188,092 634

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 597,663 610,284

Sukhnivaas Limited (Registered number: 10120550)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Mortgage Liabilities 572,663 610,284