REGISTERED NUMBER: 08765118 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Ambika Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Mitul Popat

SECRETARY:

Mrs Shivani Popat

REGISTERED OFFICE:

Devonshire House

582 Honeypot Lane

Stanmore

London

HA7 1JS

REGISTERED NUMBER:

08765118 (England and Wales)

FIXED ASSETS

Investments

4

14,853

14,853

CURRENT ASSETS

Stocks

275,898

275,898

Debtors

5

7,332,421

5,291,072

Cash in hand

4,097

11,321

7,612,416

5,578,291

CREDITORS

Amounts falling due within one year

6

238,867

48,000

NET CURRENT ASSETS

7,373,549

5,530,291

TOTAL ASSETS LESS CURRENT LIABILITIES

7,388,402

5,545,144

CREDITORS

Amounts falling due after more than one year

7

4,067,920

4,002,000

NET ASSETS

3,320,482

1,543,144

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

3,320,182

1,542,844

SHAREHOLDERS' FUNDS

3,320,482

1,543,144

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 13 June 2025 and were signed by:

Mr Mitul Popat - Director

1.	STATUTORY INFORMATION

Ambika Investments 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

14,853

NET BOOK VALUE

At 31 December 2024

14,853

At 31 December 2023

14,853

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

7,332,421

5,291,072

During the year ended 31 December 2024, Ambika Investments Ltd has provided interest free loans to its subsidiary companies. A total loan of £6,625,872, £560,000 and £146,549 has been provided to Lyonwood Ltd, Lyonwood Properties Ltd and Lyonwood Investments Ltd respectively. These loans are repayable on demand; hence these amounts are being reflected accordingly under Debtors - Less Than One Year.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

30,546

36,107

Taxation and social security

(25

)

634

Other creditors

208,346

11,259

238,867

48,000

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

4,067,920

4,002,000

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

9.	RELATED PARTY DISCLOSURES