REGISTERED NUMBER: 13353334 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Tulsi Homes Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

91,164

100,761

CURRENT ASSETS

Debtors

5

3,323

685

Cash at bank and in hand

25,902

19,207

29,225

19,892

CREDITORS

Amounts falling due within one year

6

125,121

119,940

NET CURRENT LIABILITIES

(95,896

)

(100,048

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,732

)

713

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

(4,735

)

710

(4,732

)

713

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 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

N M Patel - Director

1.	STATUTORY INFORMATION

Tulsi Homes Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

13353334

Registered office:

Clarksonhouse Residential Home

56 Currier Lane

Ashton-under-Lyne

Greater Manchester

0L6 6TB

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The continuation of the business will be supported by the group and there are no significant doubts about going concern.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2023 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 January 2024

14,481

104,060

118,541

Additions

-

6,491

6,491

At 31 December 2024

14,481

110,551

125,032

DEPRECIATION

At 1 January 2024

2,173

15,607

17,780

Charge for year

1,846

14,242

16,088

At 31 December 2024

4,019

29,849

33,868

NET BOOK VALUE

At 31 December 2024

10,462

80,702

91,164

At 31 December 2023

12,308

88,453

100,761

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

3,014

685

Other debtors

309

-

3,323

685

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

13,468

10,466

Amounts owed to group undertakings

94,918

88,085

Taxation and social security

8,199

13,485

Other creditors

8,536

7,904

125,121

119,940

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Grange Astley Limited.