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Registration number: 10871189

MKA Real Estate Ltd.
Annual Report and Unaudited Financial Statements
for the Year Ended 31 December 2024

MKA Real Estate Ltd.

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

MKA Real Estate Ltd.

Company Information

Director | Mr Mahesh Vashi Tulsiani

Registered office | 6 Wellesley House Sloane Square London SW1W 8AL

Accountants | RiverView Portfolio Limited 1 Market Hill Calne Wiltshire SN11 0BT

MKA Real Estate Ltd.

(Registration number: 10871189)
Balance Sheet as at 31 December 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Tangible assets | 5 | 601 | -
Current assets |  |  |
Debtors | 6 | 129,596 | 122,598
Cash at bank and in hand |  | 24,253 | 6,992
|  | 153,849 | 129,590
Creditors: Amounts falling due within one year | 7 | (2,469) | (1,449)
Net current assets |  | 151,380 | 128,141
Total assets less current liabilities |  | 151,981 | 128,141
Creditors: Amounts falling due after more than one year | 7 | (191,952) | (153,055)
Net liabilities |  | (39,971) | (24,914)
Capital and reserves |  |  |
Called up share capital | 8 | 200 | 200
Retained earnings |  | (40,171) | (25,114)
Shareholders' deficit |  | (39,971) | (24,914)

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 16 September 2025

......................................... Mr Mahesh Vashi Tulsiani Director

MKA Real Estate Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
6 Wellesley House
Sloane Square
London
SW1W 8AL

These financial statements were authorised for issue by the director on 16 September 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Furniture and Fittings | 25% Straight Line

MKA Real Estate Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

2 | Accounting policies (continued)

Plant & Machinery | 25% Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

4 | Loss before tax

Arrived at after charging/(crediting)

| 2024 £ | 2023 £
Depreciation expense | 13 | -

MKA Real Estate Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

5 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
Additions | 614 | 614
At 31 December 2024 | 614 | 614
Depreciation
Charge for the year | 13 | 13
At 31 December 2024 | 13 | 13
Carrying amount
At 31 December 2024 | 601 | 601

6 | Debtors

| Note | 2024 £ | 2023 £
Trade debtors |  | 7,000 | -
Amounts owed by related parties |  | 122,556 | 122,556
Prepayments |  | 40 | 42
|  | 129,596 | 122,598

7 | Creditors

Creditors: amounts falling due within one year

| 2024 £ | 2023 £
Due within one year |  |
Trade creditors | 204 | 80
Taxation and social security | 1,130 | 1,156
Accruals and deferred income | 1,075 | 213
Other creditors | 60 | -
| 2,469 | 1,449

Creditors: amounts falling due after more than one year

MKA Real Estate Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

7 | Creditors (continued)

| Note | 2024 £ | 2023 £
Due after one year |  |  |
Loans and borrowings | 9 | 191,952 | 153,055

8 | Share capital

Allotted, called up and fully paid shares

| 2024 | 2023
| No. | £ | No. | £
Ordinary shares of £1 each | 180 | 180 | 180 | 180
Ordinary B Shares of £1 each | 20 | 20 | 20 | 20
| 200 | 200 | 200 | 200

9 | Loans and borrowings

Non-current loans and borrowings

| 2024 £ | 2023 £
Other borrowings | 191,952 | 153,055