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COMPANY REGISTRATION NUMBER: 11198136

DADGARIAN BUY TO LET LTD

Filleted Unaudited Financial Statements

28 February 2025

DADGARIAN BUY TO LET LTD

Statement of Financial Position

28 February 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Investments | 4 | 197,951 | 197,951

Current assets

Debtors | 5 | – | 852
Cash at bank and in hand | 21,791 | 128,049
| -------- | ---------
| 21,791 | 128,901

Creditors: amounts falling due within one year | 6 | 112,838 | 148,571
| --------- | ---------
Net current liabilities | 91,047 | 19,670
| --------- | ---------
Total assets less current liabilities | 106,904 | 178,281

Creditors: amounts falling due after more than one year | 7 | 131,904 | 201,904
| --------- | ---------
Net liabilities | ( 25,000) | ( 23,623)
| --------- | ---------

Capital and reserves

Called up share capital | 100 | 100
Profit and loss account | ( 25,100) | ( 23,723)
| -------- | --------
Shareholders deficit | ( 25,000) | ( 23,623)
| -------- | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

DADGARIAN BUY TO LET LTD

Statement of Financial Position (continued)

28 February 2025
These financial statements were approved by the board of directors and authorised for issue on 6 November 2025 , and are signed on behalf of the board by:

Akbar Dadgarian |
Director |

Company registration number: 11198136

DADGARIAN BUY TO LET LTD

Notes to the Financial Statements

Year ended 28 February 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 301 Kenton Lane, Harrow, Middlesex, HA3 8RR.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
4. Investments

| Other investments other than loans
| £
Cost |
At 1 March 2024 and 28 February 2025 | 197,951
| ---------
Impairment |
At 1 March 2024 and 28 February 2025 | –
| ---------

Carrying amount |
At 28 February 2025 | 197,951
| ---------
At 29 February 2024 | 197,951
| ---------

The leasehold land and building investment were valued on an open market value basis by directors on 28 February 2025. No timing differences arise and no provision has been made for deferred tax in respect of the revaluation as the company has no intention of disposing of the properties in the foreseeable future. The historical cost of assets included at valuation at the balance sheet date is as follows:-
No depreciation or amortisation is provided in respect of leasehold investment property. Although this accounting policy is in accordance with the applicable accounting standard, FRS 102, Accounting for investment properties, it is departure from the general requirement of the Companies Act 2006, which requires all fixed assets to be depreciated. However the directors consider that the calculation of systematic annual depreciation would fail to give a true and fair view of investment properties for which the current value, and changes in that value are of prime importance. The accounting policy adopted is therefore necessary for the financial statements to give true and fair view.
Investments held at valuation
In respect of investments held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

| Other investments other than loans
| £
At 28 February 2025 |
Aggregate cost | 197,951
Aggregate depreciation | –
| ---------
Carrying value | 197,951
| ---------

At 29 February 2024 |
Aggregate cost | 197,951
Aggregate depreciation | –
| ---------
Carrying value | 197,951
| ---------

5. Debtors

| 2025 | 2024
| £ | £
Other debtors | – | 852
| ---- | ----

6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | – | 50
Other creditors | 112,838 | 148,521
| --------- | ---------
| 112,838 | 148,571
| --------- | ---------

7. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 131,904 | 131,904
Other creditors | – | 70,000
| --------- | ---------
| 131,904 | 201,904
| --------- | ---------

8. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:

| 2025
|  | Balance brought forward | Advances/ (credits) to the director | Balance outstanding
|  | £ | £ | £
| Akbar Dadgarian | ( 147,056) | 35,704 | ( 111,352)
|  | --------- | -------- | ---------

| 2024
|  | Balance brought forward | Advances/ (credits) to the director | Balance outstanding
|  | £ | £ | £
| Akbar Dadgarian | ( 146,515) | ( 541) | ( 147,056)
|  | --------- | ---- | ---------

9. Related party transactions
The company was under the control of Akbar Dadgarian throughout the current year. Akbar Dadgarian is the managing director and majority shareholder. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 102.