REGISTERED NUMBER: 10157277 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Akshaya Ventures Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Ms M L Patel

REGISTERED OFFICE:

117 Woodlands Harrow Woodlands

Harrow

HA2 6EN

REGISTERED NUMBER:

10157277 (England and Wales)

ACCOUNTANTS:

Elliot, Woolfe & Rose Ltd

Devonshire House

582 Honeypot Lane

Stanmore

Middlesex

HA7 1JS

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

278,303

180,958

278,303

180,958

CURRENT ASSETS

Debtors

6

1,407

2,497

Cash at bank

4,131

2,497

5,538

4,994

CREDITORS

Amounts falling due within one year

7

(17,618

)

(27,772

)

NET CURRENT LIABILITIES

(12,080

)

(22,778

)

TOTAL ASSETS LESS CURRENT LIABILITIES

266,223

158,180

CREDITORS

Amounts falling due after more than one year

8

(127,473

)

(127,487

)

PROVISIONS FOR LIABILITIES

(24,336

)

-

NET ASSETS

114,414

30,693

CAPITAL AND RESERVES

Called up share capital

4

4

Revaluation reserve

10

73,009

-

Retained earnings

41,401

30,689

114,414

30,693

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 29 September 2025 and were signed by:

Ms M L Patel - Director

1.	STATUTORY INFORMATION

Akshaya Ventures 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 rental income and 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 etc

-

33% on cost

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 April 2024

and 31 March 2025

924

DEPRECIATION

At 1 April 2024

and 31 March 2025

924

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

180,958

Revaluations

97,345

At 31 March 2025

278,303

NET BOOK VALUE

At 31 March 2025

278,303

At 31 March 2024

180,958

Fair value at 31 March 2025 is represented by:

£

Valuation in 0

278,303

In the opinion of the director the fair value of the investment properties as at 31 March 2025 has increased to £278,303 (2024: £180,958).

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,407

2,497

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

2,667

2,160

Other creditors

14,951

25,612

17,618

27,772

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

127,473

127,487

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Other loans

127,473

127,487

The other loans are secured over by a legal charge on the investment properties.

10.

RESERVES

Revaluation

reserve

£

Revaluation / Profit & Loss

73,009

At 31 March 2025

73,009

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £500 were paid to the director .

As at the period end date, the director, M. L. Patel had a credit balance of £14,952 (2024: £25,611 Credit) on her director's current account. This is an interest free loan to the company and included within other creditors due after more than one year.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Ms M L Patel.