REGISTERED NUMBER: 01247861 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

SAGOO & TAKHAR LIMITED

Page

Company Information

1

Income Statement

2

Other Comprehensive Income

3

Statement of Financial Position

4

Notes to the Financial Statements

6

DIRECTORS:

Mr P S TAKHAR

MRS. H SANDHU

Mr A S Sagoo

Mrs S Attwal

SECRETARY:

Mr P S TAKHAR

REGISTERED OFFICE:

120 The Green

Southall

Middlesex

UB2 4BQ

REGISTERED NUMBER:

01247861 (England and Wales)

ACCOUNTANTS:

Dawn & Co

35A High Street

Ruislip

Middlesex

HA4 7AU

REVENUE

1,177,804

1,440,620

Administrative expenses

372,338

268,764

OPERATING PROFIT

4

805,466

1,171,856

Interest receivable and similar income

23,428

13,992

PROFIT BEFORE TAXATION

828,894

1,185,848

Tax on profit

5

207,550

297,587

PROFIT FOR THE FINANCIAL YEAR

621,344

888,261

PROFIT FOR THE YEAR

621,344

888,261

OTHER COMPREHENSIVE INCOME

Total comprehensive income

Income tax relating to other comprehensive income

-

-

OTHER COMPREHENSIVE INCOME FOR THE YEAR, NET OF INCOME TAX

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

621,344

888,261

FIXED ASSETS

Property, plant and equipment

7

8,034

9,338

Investment property

8

20,462,702

20,462,702

20,470,736

20,472,040

CURRENT ASSETS

Debtors

9

1,232,236

1,343,610

Cash at bank

1,514,455

1,363,720

2,746,691

2,707,330

CREDITORS

Amounts falling due within one year

10

561,909

665,196

NET CURRENT ASSETS

2,184,782

2,042,134

TOTAL ASSETS LESS CURRENT LIABILITIES

22,655,518

22,514,174

PROVISIONS FOR LIABILITIES

2,933,445

2,933,445

NET ASSETS

19,722,073

19,580,729

CAPITAL AND RESERVES

Called up share capital

60,000

60,000

Retained earnings

19,662,073

19,520,729

SHAREHOLDERS' FUNDS

19,722,073

19,580,729

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2025 and were signed on its behalf by:

Mr P S TAKHAR - Director

1.	STATUTORY INFORMATION

SAGOO & TAKHAR 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 as modified by the revaluation of certain assets.

Turnover

Revenue 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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 4 (2024 - 2 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.25

31.3.24

£

£

Depreciation - owned assets

3,957

4,500

5.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

31.3.25

31.3.24

£

£

Current tax:

UK corporation tax

207,550

297,587

Tax on profit

207,550

297,587

Tax effects relating to effects of other comprehensive income

There were no tax effects for the year ended 31 March 2025.

31.3.24

Gross

Tax

Net

£

£

£

Total comprehensive income

6.

DIVIDENDS

31.3.25

31.3.24

£

£

Ordinary shares shares of £1 each

Final

480,000

480,000

7.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

fittings

£

COST

At 1 April 2024

57,253

Additions

2,653

At 31 March 2025

59,906

DEPRECIATION

At 1 April 2024

47,915

Charge for year

3,957

At 31 March 2025

51,872

NET BOOK VALUE

At 31 March 2025

8,034

At 31 March 2024

9,338

8.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

20,462,702

NET BOOK VALUE

At 31 March 2025

20,462,702

At 31 March 2024

20,462,702

Fair value at 31 March 2025 is represented by:

£

Valuation in 2016

8,576,842

Valuation in 2022

6,410,933

Cost

5,474,927

20,462,702

Investment property was valued on a fair value basis on 31 March 2025 by the directors .

9.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Other debtors

1,218,077

1,218,077

Amounts falling due after more than one year:

Trade debtors

14,159

125,533

Aggregate amounts

1,232,236

1,343,610

10.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

-

4,000

Taxation and social security

212,008

301,572

Other creditors

349,901

359,624

561,909

665,196