ASHUTAM HOMES LTD

ASHUTAM HOMES LTD

Statement of Financial Position

As at 30 April 2025

	£	2025 £	£	2024 £
Fixed assets		930,400		930,400
Current assets	27,706		38,137
Creditors: amount falling due within one year	(3,764)		(3,270)
Net current assets/(liabilities)		23,942		34,867
Total assets less current liabilities		954,342		965,267
Creditors: amount falling due after more than one year		(933,326)		(953,326)
Net assets/(liabilities)		21,016		11,941


Capital and reserves		21,016		11,941

For the year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:

----------------------------------
Tammannappa Mannikeri
Director

Date approved: 29 October 2025

ASHUTAM HOMES LTD

Notes to the Accounts

For the year ended 30 April 2025

Statutory Information

ASHUTAM HOMES LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 14024567, registration address 38 Cleveland Road, Welling, DA16 3JP, United Kingdom.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).

Going Concern

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company.

Cost of sales

Investment properties

Investment properties are included in the balance sheet at their open market value at the balance sheet date. The resulting aggregate surplus or deficit is transferred to a revaluation reserve. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

2.	Average number of employees Average number of employees during the year was 0 (2024: 0).