REGISTERED NUMBER: 07619564 (England and Wales)

Financial Statements for the Year Ended 31st December 2024

for

Ashadeep Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr P H Gandhi

Dr H D Gandhi

REGISTERED OFFICE:

10 Avenue Rouen

Scunthorpe

North Lincolnshire

DN15 8ER

REGISTERED NUMBER:

07619564 (England and Wales)

ACCOUNTANTS:

Peter R Burton Accountants

43 Oswald Road

Scunthorpe

North Lincolnshire

DN15 7PN

FIXED ASSETS

Tangible assets

4

969,267

968,548

Investments

5

822,444

381,082

1,791,711

1,349,630

CURRENT ASSETS

Debtors

6

237,084

268,964

Cash at bank

14,073

6,087

251,157

275,051

CREDITORS

Amounts falling due within one year

7

219,238

193,525

NET CURRENT ASSETS

31,919

81,526

TOTAL ASSETS LESS CURRENT LIABILITIES

1,823,630

1,431,156

CREDITORS

Amounts falling due after more than one year

8

406,106

411,106

NET ASSETS

1,417,524

1,020,050

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,417,424

1,019,950

SHAREHOLDERS' FUNDS

1,417,524

1,020,050

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

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

Dr H D Gandhi - Director

1.	STATUTORY INFORMATION

Ashadeep 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

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st January 2024

964,604

12,160

976,764

Additions

-

1,958

1,958

At 31st December 2024

964,604

14,118

978,722

DEPRECIATION

At 1st January 2024

-

8,216

8,216

Charge for year

-

1,239

1,239

At 31st December 2024

-

9,455

9,455

NET BOOK VALUE

At 31st December 2024

964,604

4,663

969,267

At 31st December 2023

964,604

3,944

968,548

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1st January 2024

381,082

Additions

290,357

Disposals

(126,892

)

Revaluations

277,897

At 31st December 2024

822,444

NET BOOK VALUE

At 31st December 2024

822,444

At 31st December 2023

381,082

Cost or valuation at 31st December 2024 is represented by:

Other

investments

£

Valuation in 2023

381,082

Valuation in 2024

441,362

822,444

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

12,838

107,413

Other debtors

224,246

161,551

237,084

268,964

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Taxation and social security

37,742

29,061

Other creditors

181,496

164,464

219,238

193,525

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

406,106

411,106

Amounts falling due in more than five years:

Repayable by instalments

Mortgage Loan

406,106

411,106