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REGISTERED NUMBER: 02086325 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Barat Enterprises Limited

Barat Enterprises Limited (Registered number: 02086325)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Barat Enterprises Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: P K Santilal
Mrs M P Santilal
V Santilal





SECRETARY: P K Santilal





REGISTERED OFFICE: 240 Green Street
London
E7 8LE





REGISTERED NUMBER: 02086325 (England and Wales)





ACCOUNTANTS: R G Associates
12 Rosemary Drive
Ilford
Essex
IG4 5JD

Barat Enterprises Limited (Registered number: 02086325)

Statement of Financial Position
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,682,807 2,120,007
Investments 5 518,967 508,967
2,201,774 2,628,974

CURRENT ASSETS
Debtors 6 23,164 14,578
Cash at bank 116,885 129,076
140,049 143,654
CREDITORS
Amounts falling due within one year 7 115,723 172,405
NET CURRENT ASSETS/(LIABILITIES) 24,326 (28,751 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,226,100

2,600,223

CREDITORS
Amounts falling due after more than one year 8 (130,617 ) (310,639 )

PROVISIONS FOR LIABILITIES 10 (185,799 ) (229,337 )
NET ASSETS 1,909,684 2,060,247

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve 11 743,185 1,132,805
Retained earnings 11 1,165,499 926,442
SHAREHOLDERS' FUNDS 1,909,684 2,060,247

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Barat Enterprises Limited (Registered number: 02086325)

Statement of Financial Position - continued
31 March 2025


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 July 2025 and were signed on its behalf by:





P K Santilal - Director


Barat Enterprises Limited (Registered number: 02086325)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Barat Enterprises 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.

Bank loans and shareholders' advances are expected to remain in place for as long as they are required by the company for the purpose of its business. The accounts have, therefore, been prepared on a going concern basis.

Turnover
Turnover represents rents and commissions receivable during the year excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Land and buildings - not provided
Plant and machinery etc - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Barat Enterprises Limited (Registered number: 02086325)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Investment property
Investment property which is property held to earn rentals and or capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the balance sheet under a fair value reserve account.
Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as tangible fixed assets.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST OR VALUATION
At 1 April 2024 2,120,000 4,102 2,124,102
Disposals (200,000 ) - (200,000 )
Revaluations (237,200 ) - (237,200 )
At 31 March 2025 1,682,800 4,102 1,686,902
DEPRECIATION
At 1 April 2024
and 31 March 2025 - 4,095 4,095
NET BOOK VALUE
At 31 March 2025 1,682,800 7 1,682,807
At 31 March 2024 2,120,000 7 2,120,007

Barat Enterprises Limited (Registered number: 02086325)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 March 2025 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2005 457,491 - 457,491
Valuation in 2008 (55,000 ) - (55,000 )
Valuation in 2009 (109,614 ) - (109,614 )
Valuation in 2011 (50,000 ) - (50,000 )
Valuation in 2015 166,745 - 166,745
Valuation in 2016 150,000 - 150,000
Valuation in 2021 394,983 - 394,983
Valuation in 2023 220,000 - 220,000
Valuation in 2025 (389,620 ) - (389,620 )
Cost 897,815 4,102 901,917
1,682,800 4,102 1,686,902

Freehold properties are shown at valuation carried out by external valuers, Upsdales Property Management Limited.

5. FIXED ASSET INVESTMENTS

31.3.25 31.3.24
£    £   
Shares in group undertakings 30,000 30,000
Loans to group undertakings 488,967 478,967
518,967 508,967

Additional information is as follows:
Shares in
group
undertakings
£   
COST
At 1 April 2024
and 31 March 2025 30,000
NET BOOK VALUE
At 31 March 2025 30,000
At 31 March 2024 30,000

Barat Enterprises Limited (Registered number: 02086325)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. FIXED ASSET INVESTMENTS - continued
Loans to
group
undertakings
£   
At 1 April 2024 478,967
New in year 10,000
At 31 March 2025 488,967

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors 23,164 14,578

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 13,873 13,873
Taxation and social security 45,256 16,399
Other creditors 56,594 142,133
115,723 172,405

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans 59,617 69,639
Other creditors 71,000 241,000
130,617 310,639

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 59,617 69,639

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Bank loans 73,490 83,512

Bank borrowings are secured by a charge on the company's freehold properties.

Barat Enterprises Limited (Registered number: 02086325)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

10. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 185,799 229,337

Deferred
tax
£   
Balance at 1 April 2024 229,337
Provided during year (43,538 )
Balance at 31 March 2025 185,799

11. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 April 2024 926,442 1,132,805 2,059,247
Profit for the year 279,057 - 279,057
Dividends (40,000 ) - (40,000 )
Revaluation of freehold - (237,200 ) (237,200 )
Revaluation adjustment on disposal
of freehold

-

(152,420

)

(152,420

)

At 31 March 2025 1,165,499 743,185 1,908,684