REGISTERED NUMBER: 15151091 (England and Wales)

Balaclava Inn Ltd

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

J S Dhah

H S Dhah

A S Dhah

REGISTERED OFFICE:

Unit C Jarvis & Rowell Estate

Burnham Road

Dartford

DA1 5BN

REGISTERED NUMBER:

15151091 (England and Wales)

ACCOUNTANTS:

Aggarwal & Co

Chartered Accountants

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

FIXED ASSETS

Investment property

4

1,390,000

1,282,364

CURRENT ASSETS

Debtors

5

6,933

4,416

Cash at bank

-

54

6,933

4,470

CREDITORS

Amounts falling due within one year

6

529,632

438,780

NET CURRENT LIABILITIES

(522,699

)

(434,310

)

TOTAL ASSETS LESS CURRENT LIABILITIES

867,301

848,054

CREDITORS

Amounts falling due after more than one year

7

1,047,254

896,616

NET LIABILITIES

(179,953

)

(48,562

)

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

(107,364

)

-

Retained earnings

(72,590

)

(48,563

)

SHAREHOLDERS' FUNDS

(179,953

)

(48,562

)

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 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.

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 2 December 2025 and were signed on its behalf by:

A S Dhah - Director

1.	STATUTORY INFORMATION

Balaclava Inn Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

At the year end the company had net liabilities of £179,953. Included within creditors is an amount of £505,067 owed to the inter-company which is the parent company.

The company has started letting these properties and if necessary will be dependent on the financial support of its director who has committed to continue to provide the support. On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis.

Income recognition

Income represents rent receivables.

Investment property

Investment property is included at fair value. Gains are recognised in the income statement and shown in a fair value reserve. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

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

Basic financial instruments are recognised at amortised cost, with changes recognised in the income statement.

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 NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

1,282,364

Additions

215,000

Revaluations

(107,364

)

At 31 March 2025

1,390,000

NET BOOK VALUE

At 31 March 2025

1,390,000

At 31 March 2024

1,282,364

Fair value at 31 March 2025 is represented by:

£

Valuation in 0

1,390,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

2,517

-

Other debtors

4,416

4,416

6,933

4,416

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

522,284

436,780

Other creditors

7,348

2,000

529,632

438,780

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,047,254

896,616

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Mortgage loan

1,047,254

896,616

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

West One

1,047,254

896,616

The mortgage loans are secured by fixed and floating charges, and negative pledges over all the

assets of the company.