| Aryan Holdings Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rents receivable on the investment property of the company. |
|
Investment properties |
|
Investment properties are held to earn rental income and/or for capital appreciation. Investment
properties are initially measured at cost, including transaction costs. Subsequently investment
properties whose fair value can be measured reliably without undue cost or effort on a ongoing
basis are measured at a fair value. Gains and losses arising from changes in the fair value of
investment properties are included in the profit or loss in the period in which they arise. |
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|
|
Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
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Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
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|
|
| 3 |
Investments |
Investment |
| Property |
| £ |
|
Cost |
|
At 1 April 2024 |
2,001,272 |
|
|
At 31 March 2025 |
2,001,272 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Called up Share capital |
100 |
|
100 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Taxation and social security costs |
7,986 |
|
5,724 |
|
Other creditors |
1,250,116 |
|
1,249,995 |
|
Director's account |
750,000 |
|
750,000 |
|
|
|
|
|
|
|
2,008,102 |
|
2,005,719 |
|
|
|
|
|
|
|
|
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| 6 |
Other information |
|
|
Aryan Holdings Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
Laxmi House |
|
2-b Draycott Avenue |
|
Kenton Harrow |
|
Middlesex |
|
HA3 0BU |