for the Period Ended 30 June 2024
Balance sheet | |
Notes |
As at
Notes |
13 months to 30 June 2024 |
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£ |
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Called up share capital not paid: |
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Fixed assets | ||
Investments: | 3 |
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Total fixed assets: |
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Current assets | ||
Debtors: |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 4 |
( |
Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: | 5 |
( |
Total net assets (liabilities): |
( |
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Capital and reserves | ||
Called up share capital: |
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Profit and loss account: |
( |
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Shareholders funds: |
( |
The notes form part of these financial statements
The directors have chosen to not file a copy of the company’s profit & loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 June 2024
for the Period Ended 30 June 2024
13 months to 30 June 2024 | |
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Average number of employees during the period |
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for the Period Ended 30 June 2024
As at 30/06/2024, the company has advanced a loan of £986,562 to its wholly owned subsidiary, Bhava London Ltd, to fund the acquisition, refurbishment, and operation of a mixed-use commercial property in London. This intercompany loan is unsecured, bears interest at a commercial rate of 3.5% per annum, and is repayable on demand, though not expected to be settled within the next twelve months. The directors consider this amount to represent a long-term investment in the subsidiary, and it is therefore presented under fixed asset investments in accordance with FRS 102. The directors have reviewed the financial position of Bhava London Ltd and consider the carrying value of this investment to be fully recoverable.
for the Period Ended 30 June 2024
for the Period Ended 30 June 2024
for the Period Ended 30 June 2024
Name of the related party: |
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Relationship: |
Subsidiary
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Description of the Transaction: |
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£ | ||
Balance at 30 June 2024 |
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Name of the related party: |
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Relationship: |
Shareholders
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Description of the Transaction: |
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£ | ||
Balance at 30 June 2024 |
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