Company Registration No. 13030789 (England and Wales)
Aulakh Group Ltd
Unaudited accounts
for the year ended 31 March 2025
Aulakh Group Ltd
Unaudited accounts
Contents
Aulakh Group Ltd
Company Information
for the year ended 31 March 2025
Directors
Harpreet Singh Aulakh
Randeep Kaur Aulakh
Company Number
13030789 (England and Wales)
Registered Office
4 Godolphin Road
Slough
SL1 3DN
United Kingdom
Accountants
Virtue Accounting Limited
53 Warwick Street
Coventry
CV5 6ET
Aulakh Group Ltd
Statement of financial position
as at 31 March 2025
Investment property
260,000
278,000
Cash at bank and in hand
3,218
2,772
Creditors: amounts falling due within one year
(82,046)
(80,904)
Net current liabilities
(77,836)
(77,932)
Total assets less current liabilities
182,344
200,428
Creditors: amounts falling due after more than one year
(182,742)
(182,730)
Provisions for liabilities
Net (liabilities)/assets
(1,164)
13,478
Called up share capital
10
10
Profit and loss account
(1,174)
13,468
Shareholders' funds
(1,164)
13,478
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2025 and were signed on its behalf by
Harpreet Singh Aulakh
Director
Company Registration No. 13030789
Aulakh Group Ltd
Notes to the Accounts
for the year ended 31 March 2025
Aulakh Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 13030789. The registered office is 4 Godolphin Road, Slough, SL1 3DN, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Retained earnings include non-distributable reserves of £3,852 in respect of unrealised property gains.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Aulakh Group Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Total
5
Deferred taxation
2025
2024
Accelerated capital allowances
34
68
Revaluation of land and buildings
732
4,152
Provision at start of year
4,220
-
(Credited)/charged to the profit and loss account
(3,454)
4,220
Provision at end of year
766
4,220
Movements on directors' loan accounts represent timing differences between amounts owed, and payments made, to directors in respect of expenses, remuneration and dividends.
At the reporting date the amount owed by the company to Mr Aulakh was £80,706, a movement of £585 from the £80,121
owed by the company at the beginning of the period.
No interest is charged on balances and no guarantees have been provided by either the company or the directors.
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).