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REGISTERED NUMBER: 09852129 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Hampstead International (UK) Limited

Hampstead International (UK) Limited (Registered number: 09852129)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hampstead International (UK) Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: A K Vohra





REGISTERED OFFICE: Unit 18A, Prospect House
North Circular Road
London
NW10 7GH





REGISTERED NUMBER: 09852129 (England and Wales)





ACCOUNTANTS: SK Associates Ltd
1 Agincourt Villas
Uxbridge Road
Hillingdon
Middlesex
UB10 0NX

Hampstead International (UK) Limited (Registered number: 09852129)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,140,927 8,141,195

CURRENT ASSETS
Debtors 5 993,009 490,035
Prepayments and accrued income 10,132 6,987
Cash at bank 45,439 67,368
1,048,580 564,390
CREDITORS
Amounts falling due within one year 6 5,823,625 5,362,994
NET CURRENT LIABILITIES (4,775,045 ) (4,798,604 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,365,882

3,342,591

CREDITORS
Amounts falling due after more than
one year

7

(2,474,000

)

(2,530,000

)

PROVISIONS FOR LIABILITIES (86,447 ) (86,447 )
NET ASSETS 805,435 726,144

Hampstead International (UK) Limited (Registered number: 09852129)

Balance Sheet - continued
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 366,422 366,422
Retained earnings 438,913 359,622
805,435 726,144

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 24 June 2025 and were signed by:





A K Vohra - Director


Hampstead International (UK) Limited (Registered number: 09852129)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Hampstead International (UK) 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% on reducing balance

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Hampstead International (UK) Limited (Registered number: 09852129)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 5 ).

4. TANGIBLE FIXED ASSETS
Freehold Computer
property equipment Totals
£    £    £   
COST
At 1 November 2023
and 31 October 2024 8,139,857 3,840 8,143,697
DEPRECIATION
At 1 November 2023 - 2,502 2,502
Charge for year - 268 268
At 31 October 2024 - 2,770 2,770
NET BOOK VALUE
At 31 October 2024 8,139,857 1,070 8,140,927
At 31 October 2023 8,139,857 1,338 8,141,195

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 26,109 23,135
Other debtors 966,900 466,900
993,009 490,035

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 56,000 56,000
Trade creditors 8,999 9,000
Taxation and social security 50,818 26,040
Other creditors 5,707,808 5,271,954
5,823,625 5,362,994

Hampstead International (UK) Limited (Registered number: 09852129)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans 2,474,000 2,530,000

8. SECURED DEBTS

The following secured debts are included within creditors:

31.10.24 31.10.23
£    £   
Bank loans 2,530,000 2,586,000

9. RESERVES
Revaluatio
reserve
£   
At 1 November 2023
and 31 October 2024 366,422

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

31.10.24 31.10.23
£    £   
A K Vohra
Balance outstanding at start of year 841,858 835,077
Amounts advanced - 6,781
Amounts repaid (86,255 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 755,603 841,858

Hampstead International (UK) Limited (Registered number: 09852129)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

11. RELATED PARTY DISCLOSURES

At the balance sheet date other creditors include an interest free loan of £4,218,894 (2023 - £3,568,894) from Mr Sona Ram Vohra who holds 50% shares in the company and an interest free loan of £549,000 (2023 - £725,000) from Sonal Worldwide Limited in which Sona Ram holds 100% shares together with his wife. These loans were taken to finance the purchase of the investment properties. These loans are unsecured, interest free and repayable on demand. It will definitely become repayable at the sale of the investment property. At the balance sheet date other debtors include an interest free loan of £130,000 (2023 - £130,000) to Mr Jagat Ram Chopra and £56,900 - (2023 - £56,900) to SR UK Investment Limited and £240,000 (2023 - £240,000) to Sonal Trading Limited.