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REGISTERED NUMBER: 11773303 (England and Wales)















Financial Statements for the Year Ended 30 June 2024

for

Bhandal Investments Ltd

Bhandal Investments Ltd (Registered number: 11773303)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bhandal Investments Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Subegh Singh Bhandal
Shahbaj Singh Bhandal





REGISTERED OFFICE: Asees West Land Lane
Stoke Poges
Slough
Buckinghamshire
SL2 4NA





REGISTERED NUMBER: 11773303 (England and Wales)





ACCOUNTANTS: Newmans
Chartered Certified Accountants
DVS House
Suite 1, First Floor
4 Spring Villa Road
Edgware
Middlesex
HA8 7EB

Bhandal Investments Ltd (Registered number: 11773303)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 145,544 145,544

CURRENT ASSETS
Debtors 5 79,597 2,715
Cash at bank 75,934 23,181
155,531 25,896
CREDITORS
Amounts falling due within one year 6 213,560 169,170
NET CURRENT LIABILITIES (58,029 ) (143,274 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

87,515

2,270

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 87,415 2,170
SHAREHOLDERS' FUNDS 87,515 2,270

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

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

Bhandal Investments Ltd (Registered number: 11773303)

Balance Sheet - continued
30 June 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 22 March 2025 and were signed on its behalf by:





Subegh Singh Bhandal - Director


Bhandal Investments Ltd (Registered number: 11773303)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Bhandal Investments 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.

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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

Bhandal Investments Ltd (Registered number: 11773303)

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

4. TANGIBLE FIXED ASSETS
Long
leasehold
£   
COST
At 1 July 2023
and 30 June 2024 145,544
NET BOOK VALUE
At 30 June 2024 145,544
At 30 June 2023 145,544

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 79,435 1,650
Prepayments 162 1,065
79,597 2,715

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 22,739 -
Amounts owed to associates 117,435 117,435
Tax 28,771 1,320
Directors' current accounts 43,805 49,605
Accrued expenses 810 810
213,560 169,170

7. RESERVES
Retained
earnings
£   

At 1 July 2023 2,170
Profit for the year 85,245
At 30 June 2024 87,415