REGISTERED NUMBER: 09295493 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Berkeley Realty Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K K Ghai

REGISTERED OFFICE:

G35, Unit 3, Triangle Centre

399 Uxbridge Road

Southall

Middlesex

UB1 3EJ

REGISTERED NUMBER:

09295493 (England and Wales)

ACCOUNTANTS:

SK Associates Ltd

1 Agincourt Villas

Uxbridge Road

Hillingdon

Middlesex

UB10 0NX

FIXED ASSETS

Tangible assets

4

2,500,000

2,500,000

CURRENT ASSETS

Debtors

5

22,608

12,988

Cash at bank and in hand

152,918

129,767

175,526

142,755

CREDITORS

Amounts falling due within one year

6

1,616,970

1,683,432

NET CURRENT LIABILITIES

(1,441,444

)

(1,540,677

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,058,556

959,323

CREDITORS

Amounts falling due after more than one year

7

(5,013

)

(15,132

)

PROVISIONS FOR LIABILITIES

(116,866

)

(116,866

)

NET ASSETS

936,677

827,325

CAPITAL AND RESERVES

Called up share capital

1

1

Revaluation reserve

9

498,218

498,218

Retained earnings

438,458

329,106

936,677

827,325

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 24 June 2025 and were signed by:

K K Ghai - Director

1.	STATUTORY INFORMATION

Berkeley Realty 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.

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 NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 January 2024

and 31 December 2024

2,500,000

NET BOOK VALUE

At 31 December 2024

2,500,000

At 31 December 2023

2,500,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

7,608

12,988

Other debtors

15,000

-

22,608

12,988

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,648

10,648

Trade creditors

-

(1

)

Taxation and social security

46,176

44,295

Other creditors

1,560,146

1,628,490

1,616,970

1,683,432

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

5,013

15,132

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

15,661

25,780

9.

RESERVES

Revaluatio

reserve

£

At 1 January 2024

and 31 December 2024

498,218

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.12.24

31.12.23

£

£

K K Ghai

Balance outstanding at start of year

492,468

1,028,709

Amounts repaid

(325,503

)

(536,241

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

166,965

492,468

11.	RELATED PARTY DISCLOSURES

At the balance sheet date, other creditors include interest free loans of £1,415,661 (2023 - £1,465,292) from companies under the common control of the director.

At the balance sheet date, other debtors include interest free loan of £15,000 (2023 - Nil) to a company under the common control of the director.This loan is repayable on demand.