Registered number
14870069
SAAKSHI LIMITED
Filleted Accounts
31 March 2025
SAAKSHI LIMITED
Registered number: 14870069
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Other Investment 3 853,458 853,458
Current assets
Cash at bank and in hand 44,184 14,538
Creditors: amounts falling due within one year 4 (868,877) (861,578)
Net current liabilities (824,693) (847,040)
Net assets 28,765 6,418
Capital and reserves
Called up share capital 4 4
Profit and loss account 28,761 6,414
Shareholder's funds 28,765 6,418
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
……………………………
Mohinee Patel
Director
Approved by the board on 22 April 2025
SAAKSHI LIMITED
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Rental income
Rental income represents rent receivable, excluding value-added tax.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% straight line
Investment property
Investment properties are included at fair values. Any surplus or deficit is dealt with through profit and loss. No depreciation is provided in respect of investment properties.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 3 3
3 Investment
Property
investments
£
Fair value
At 1 April 2024 853,458
At 31 March 2025 853,458
Historical cost
At 1 April 2024 853,458
At 31 March 2025 853,458
Above fair value was estimated by company directors at 31 March 2025
4 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 6,325 3,250
Taxes and social security costs 5,242 1,504
Directors and family loans 857,310 856,824
868,877 861,578
5 Other information
SAAKSHI LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
92 Eastcote Road
Pinner
Harrow
Middlesex
HA5 1EN
SAAKSHI LIMITED 14870069 false 2024-04-01 2025-03-31 2025-03-31 VT Final Accounts April 2025 Mohinee Patel No description of principal activity 14870069 2023-05-15 2024-03-31 14870069 core:WithinOneYear 2024-03-31 14870069 core:ShareCapital 2024-03-31 14870069 core:RetainedEarningsAccumulatedLosses 2024-03-31 14870069 2024-04-01 2025-03-31 14870069 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14870069 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 14870069 bus:Director40 2024-04-01 2025-03-31 14870069 countries:England 2024-04-01 2025-03-31 14870069 bus:FRS102 2024-04-01 2025-03-31 14870069 bus:FilletedAccounts 2024-04-01 2025-03-31 14870069 2025-03-31 14870069 core:WithinOneYear 2025-03-31 14870069 core:ShareCapital 2025-03-31 14870069 core:RetainedEarningsAccumulatedLosses 2025-03-31 14870069 2024-03-31 iso4217:GBP xbrli:pure