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REGISTERED NUMBER: 10946946 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2024

FOR

AASHRO INVESTMENTS LIMITED

AASHRO INVESTMENTS LIMITED (REGISTERED NUMBER: 10946946)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


AASHRO INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mr A Lakhani
Mrs S Lakhani





REGISTERED OFFICE: 5 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX





REGISTERED NUMBER: 10946946 (England and Wales)





ACCOUNTANTS: David Simon Limited
Chartered Certified Accountants
5 Jardine House
Harrovian Business Village
Bessborough Road
Harrow
Middlesex
HA1 3EX

AASHRO INVESTMENTS LIMITED (REGISTERED NUMBER: 10946946)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 325,000 325,000

CURRENT ASSETS
Debtors 5 2,134 2,016
Cash at bank and in hand 16,004 7,237
18,138 9,253
CREDITORS
Amounts falling due within one year 6 91,259 82,961
NET CURRENT LIABILITIES (73,121 ) (73,708 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

251,879

251,292

CREDITORS
Amounts falling due after more than one
year

7

(214,504

)

(214,504

)

PROVISIONS FOR LIABILITIES (5,771 ) (5,771 )
NET ASSETS 31,604 31,017

CAPITAL AND RESERVES
Called up share capital 100 100
Non distributable reserves 9 24,603 24,603
Retained earnings 6,901 6,314
SHAREHOLDERS' FUNDS 31,604 31,017

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

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

AASHRO INVESTMENTS LIMITED (REGISTERED NUMBER: 10946946)

STATEMENT OF FINANCIAL POSITION - continued
30 SEPTEMBER 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 11 April 2025 and were signed on its behalf by:




Mr A Lakhani - Director



Mrs S Lakhani - Director


AASHRO INVESTMENTS LIMITED (REGISTERED NUMBER: 10946946)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Aashro Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rent receivable.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 325,000
NET BOOK VALUE
At 30 September 2024 325,000
At 30 September 2023 325,000

AASHRO INVESTMENTS LIMITED (REGISTERED NUMBER: 10946946)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. INVESTMENT PROPERTY - continued

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2019 30,374
Cost 294,626
325,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 2,134 2,016

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors (1 ) -
Taxation and social security 138 641
Other creditors 91,122 82,320
91,259 82,961

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 214,504 214,504

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 years non
installment 214,504 214,504
214,504 214,504

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 214,504 214,504

The bank loans are secured by way of a first charge over the investment property and contains a negative pledge.

9. RESERVES
Non
distributable
reserves
£   
At 1 October 2023
and 30 September 2024 24,603

AASHRO INVESTMENTS LIMITED (REGISTERED NUMBER: 10946946)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10. RELATED PARTY DISCLOSURES

Included in creditors, is an amount of £79,200 (2023: £79,200) due to companies in which the directors have an interest. The loan is interest free and payable on demand.