REGISTERED NUMBER: 11576326 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2025

FOR

RANDHAWA GROUP LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K Randhawa

Dr J Latoria

REGISTERED OFFICE:

c/o Michael Heaven & Associates Limited

47 Calthorpe Road

Edgbaston

BIRMINGHAM

B15 1TH

REGISTERED NUMBER:

11576326 (England and Wales)

ACCOUNTANTS:

Michael Heaven & Associates Limited

Chartered Certified Accountants

47 Calthorpe Road

Edgbaston

BIRMINGHAM

B15 1TH

BANKERS:

HSBC Bank Plc

1 Centenary Square

Birmingham

B1 1HQ

INCORPORATED:

19th September 2018

FIXED ASSETS

Tangible assets

4

5,416

889

Investments

5

21,810

21,992

Investment property

6

544,000

579,500

571,226

602,381

CURRENT ASSETS

Debtors

13,705

7,010

Investments

40,128

27,468

Cash at bank

92,249

84,301

146,082

118,779

CREDITORS

Amounts falling due within one year

160,172

190,003

NET CURRENT LIABILITIES

(14,090

)

(71,224

)

TOTAL ASSETS LESS CURRENT LIABILITIES

557,136

531,157

CREDITORS

Amounts falling due after more than one year

7

(243,600

)

(243,600

)

PROVISIONS FOR LIABILITIES

10

(12,790

)

(22,753

)

NET ASSETS

300,746

264,804

CAPITAL AND RESERVES

Called up share capital

11

100

100

Undistributable revenue

reserve

32,347

58,440

Retained earnings

268,299

206,264

SHAREHOLDERS' FUNDS

300,746

264,804

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2025 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30th April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 6th October 2025 and were signed on its behalf by:

Mr K Randhawa - Director

1.	STATUTORY INFORMATION

Randhawa Group 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 represents the value of services provided to the extent that there is a right to consideration and is recorded at the value of the consideration due. Turnover also represents the rental income due for the year.

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 - 20% straight line

Computer equipment - 20% straight line

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.

Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and loans from related parties.

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.

Operating leases

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

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st May 2024

3,196

Additions

6,212

At 30th April 2025

9,408

DEPRECIATION

At 1st May 2024

2,307

Charge for year

1,685

At 30th April 2025

3,992

NET BOOK VALUE

At 30th April 2025

5,416

At 30th April 2024

889

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

At 1st May 2024

21,992

Additions

23,086

Disposals

(21,992

)

Revaluations

(1,276

)

At 30th April 2025

21,810

NET BOOK VALUE

At 30th April 2025

21,810

At 30th April 2024

21,992

Cost or valuation at 30th April 2025 is represented by:

Totals

£

Valuation in 2025

(1,276

)

Cost

23,086

21,810

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st May 2024

579,500

Revaluations

(35,500

)

At 30th April 2025

544,000

NET BOOK VALUE

At 30th April 2025

544,000

At 30th April 2024

579,500

Fair value at 30th April 2025 is represented by:

£

Valuation in 2022

60,010

Valuation in 2023

24,000

Valuation in 2024

(4,500

)

Valuation in 2025

(35,500

)

Cost

499,990

544,000

One of the properties was professionally valued by Houzecheck.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

£

Repayable by instalments

Mortgage loan

243,600

243,600

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due in more than five years:

Repayable by instalments

Mortgage loan

243,600

243,600

9.	SECURED DEBTS

There are fixed charges against the investment properties in relation to the mortgage loans obtained to finance the acquisitions.

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

12,790

22,753

Deferred

tax

£

Balance at 1st May 2024

22,753

Movement during the year

(9,963

)

Balance at 30th April 2025

12,790

Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated.

Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

55

Ordinary A

£1

55

55

35

Ordinary B

£1

35

35

5

Ordinary C

£1

5

5

5

Ordinary D

£1

5

5

100

100

12.	RELATED PARTY DISCLOSURES

At the year end the amount due to the directors totalled £139,816. The loans are interest free and repayable on demand.