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Registered number: 11259235
Ishvarankv Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
AWR Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11259235
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,501 5,614
Investment Properties 5 244,642 -
248,143 5,614
CURRENT ASSETS
Debtors 6 700 700
Cash at bank and in hand 2,634 796
3,334 1,496
Creditors: Amounts Falling Due Within One Year 7 (80,426 ) (472 )
NET CURRENT ASSETS (LIABILITIES) (77,092 ) 1,024
TOTAL ASSETS LESS CURRENT LIABILITIES 171,051 6,638
Creditors: Amounts Falling Due After More Than One Year 8 (176,250 ) -
NET (LIABILITIES)/ASSETS (5,199 ) 6,638
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (5,201 ) 6,636
SHAREHOLDERS' FUNDS (5,199) 6,638
Page 1
Page 2
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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Jatinderpal Singh Vaid
Director
02/09/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ishvarankv Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11259235 . The registered office is 18 Lupin Close, Stenson fields, Derby, DE24 3EY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% straight line
Fixtures & Fittings 15% straight line
Computer Equipment 25% straight line
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 6,916 1,650 2,006 10,572
Additions - - 608 608
As at 31 March 2025 6,916 1,650 2,614 11,180
Depreciation
As at 1 April 2024 3,458 496 1,004 4,958
Provided during the period 1,729 414 578 2,721
As at 31 March 2025 5,187 910 1,582 7,679
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2025 1,729 740 1,032 3,501
As at 1 April 2024 3,458 1,154 1,002 5,614
5. Investment Property
2025
£
Fair Value
As at 1 April 2024 -
Additions 244,642
As at 31 March 2025 244,642
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 700 700
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 80,426 472
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 176,250 -
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 4