REGISTERED NUMBER: 08846445 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

DURU INVESTMENTS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs C Duru

REGISTERED OFFICE:

Unit 1

30-32 Friern Park

London

N12 9DA

REGISTERED NUMBER:

08846445 (England and Wales)

ACCOUNTANTS:

EA

Chartered Accountants

869 High Road

London

N12 8QA

FIXED ASSETS

Tangible assets

4

14,484

17,040

Investments

5

102,381

100,437

Investment property

6

902,145

872,931

1,019,010

990,408

CURRENT ASSETS

Debtors

7

870

1,733

Cash at bank and in hand

196,329

13,544

197,199

15,277

CREDITORS

Amounts falling due within one year

8

683,262

484,890

NET CURRENT LIABILITIES

(486,063

)

(469,613

)

TOTAL ASSETS LESS CURRENT LIABILITIES

532,947

520,795

CREDITORS

Amounts falling due after more than one year

9

(581,287

)

(581,443

)

PROVISIONS FOR LIABILITIES

(7,300

)

-

NET LIABILITIES

(55,640

)

(60,648

)

CAPITAL AND RESERVES

Called up share capital

100

100

Non distributable reserve

21,914

-

Retained earnings

(77,654

)

(60,748

)

SHAREHOLDERS' FUNDS

(55,640

)

(60,648

)

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 director acknowledges her 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 23 September 2025 and were signed by:

Mrs C Duru - Director

1.	STATUTORY INFORMATION

Duru Investments 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.

The financial statements have been prepared on a going concern basis as the director is satisfied that the company will have adequate resources to meet its liabilities to third parties as they fall due.

Turnover

Turnover represents rental income receivable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Investment property

Investment properties are carried at fair value. Revaluation surpluses are recognised in the income statement. Deferred Taxation is provided on these gains at the rate expected to apply when the property is sold. No depreciation is provided in respect of investment properties.

The Companies Act 2006 requires all properties to be depreciated. However, this requirement conflicts with the generally accepted accounting principle set out in FRS 102 (Section 1A). The directors consider that, because these properties are not held for consumption but for their investment potential, to depreciate them would not give a true and fair view and that it is necessary to adopt FRS 102 (Section 1A) in order to give a true and fair view. If this departure from the Act had not been made, the loss for the financial year would have been increased by the amount of depreciation.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset as settle the liability simultaneously.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

20,047

DEPRECIATION

At 1 April 2024

3,007

Charge for year

2,556

At 31 March 2025

5,563

NET BOOK VALUE

At 31 March 2025

14,484

At 31 March 2024

17,040

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

100,437

Revaluations

1,944

At 31 March 2025

102,381

NET BOOK VALUE

At 31 March 2025

102,381

At 31 March 2024

100,437

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2023

(4,309

)

Valuation in 2024

4,746

Valuation in 2025

1,944

Cost

100,000

102,381

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

872,931

Revaluations

29,214

At 31 March 2025

902,145

NET BOOK VALUE

At 31 March 2025

902,145

At 31 March 2024

872,931

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

902,145

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

872,931

872,931

Investment property was valued on an open market basis on 31 March 2025 by the director .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

870

1,733

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

679,047

479,047

Other creditors

4,215

5,843

683,262

484,890

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

581,287

581,443

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

581,287

581,443

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

581,287

581,443

The bank loans are secured by way of legal charges over the properties and undertakings of the company.

11.	RELATED PARTY DISCLOSURES

Included in creditors, amounts falling due within one year, is an interest free amount of £679,047 (2024: £479,047) due to Dynamic People Limited, a fellow subsidiary company.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the director, Ms C Duru who owns the entire issued share capital of SCKC Group Limited, the Parent company.