Registered number
01164526
G H Daryani & Co. Limited
Unaudited Filleted Accounts
31 March 2025
G H Daryani & Co. Limited
Registered number: 01164526
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 1,013,736 1,013,736
Investments 4 992,961 942,973
2,006,697 1,956,709
Current assets
Debtors 5 668,955 868,603
Cash at bank and in hand 454,308 363,114
1,123,263 1,231,717
Creditors: amounts falling due within one year 6 (72,416) (190,857)
Net current assets 1,050,847 1,040,860
Total assets less current liabilities 3,057,544 2,997,569
Creditors: amounts falling due after more than one year 7 (947,933) (918,459)
Provisions for liabilities (1,000) (1,000)
Net assets 2,108,611 2,078,110
Capital and reserves
Called up share capital 75,000 75,000
Revaluation reserve 9 29,404 29,404
Profit and loss account 2,004,207 1,973,706
Shareholders' funds 2,108,611 2,078,110
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.
R Daryani
Director
Approved by the board on 1 May 2025
G H Daryani & Co. 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).
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:
Freehold buildings not depreciated as investment properties
Plant and machinery over 5 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 April 2024 1,013,735 5,275 1,019,010
At 31 March 2025 1,013,735 5,275 1,019,010
Depreciation
At 1 April 2024 - 5,274 5,274
At 31 March 2025 - 5,274 5,274
Net book value
At 31 March 2025 1,013,735 1 1,013,736
At 31 March 2024 1,013,735 1 1,013,736
Freehold land and buildings: 2025 2024
£ £
Historical cost 983,330 983,330
Cumulative depreciation based on historical cost - -
983,330 983,330
Freehold properties were revalued in year ended 31 March 2019. In January 2023, based on surveyor opinion, the carrying value of £1,013,735 is in order.
4 Investments
Other
investments
£
Cost
At 1 April 2024 942,973
Additions 49,988
At 31 March 2025 992,961
5 Debtors 2025 2024
£ £
Trade debtors 668,955 850,603
Other debtors - 18,000
668,955 868,603
Amounts due after more than one year included above 500,000 500,000
6 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans 44,590 44,590
Taxation and social security costs 15,234 138,143
Other creditors 12,592 8,124
72,416 190,857
7 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 467,079 481,638
Other creditors 480,854 436,821
947,933 918,459
8 Loans 2025 2024
£ £
Creditors include:
Instalments falling due for payment after more than five years 279,574 287,420
Secured bank loans 502,519 510,365
Bank loans are secured over fixed charge on the company freehold properties.
9 Revaluation reserve 2025 2024
£ £
At 1 April 2024 29,404 857,825
Loss on revaluation of land and buildings - (883,421)
Deferred taxation arising on the revaluation of land and buildings - 55,000
At 31 March 2025 29,404 29,404
10 Controlling party
The company is controlled by R Daryani.
11 Other information
G H Daryani & Co. Limited is a private company limited by shares and incorporated in England. Its registered office is:
Amba House
15 College Road
Harrow
Middlesex
HA1 1BA
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