REGISTERED NUMBER: 07976276 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

KAPSARV LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr K R Hari

Mr A Hari

REGISTERED OFFICE:

Ground Floor Marlborough House

298 Regents Park Road

London

London

N3 2SZ

REGISTERED NUMBER:

07976276 (England and Wales)

ACCOUNTANTS:

Fusion Consulting Ltd

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Tangible assets

4

326

1,005

Investment property

5

1,212,000

1,207,000

1,212,326

1,208,005

CURRENT ASSETS

Cash at bank

47,410

34,983

CREDITORS

Amounts falling due within one year

6

2,032

1,847

NET CURRENT ASSETS

45,378

33,136

TOTAL ASSETS LESS CURRENT LIABILITIES

1,257,704

1,241,141

CREDITORS

Amounts falling due after more than one year

7

(1,461,413

)

(1,391,747

)

PROVISIONS FOR LIABILITIES

(45,966

)

(45,016

)

NET LIABILITIES

(249,675

)

(195,622

)

CAPITAL AND RESERVES

Called up share capital

8

2

2

Revaluation reserve

195,959

191,909

Retained earnings

(445,636

)

(387,533

)

SHAREHOLDERS' FUNDS

(249,675

)

(195,622

)

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 8 December 2025 and were signed on its behalf by:

Mr A Hari - Director

1.	STATUTORY INFORMATION

Kapsarv 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 rents receivable on properties within the UK. Rents are receivable on a monthly basis and where payments are receivable from tenants for periods ending after the balance sheet date, the relevant proportion of rent receivable is recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer and equipment - 33% on cost

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.

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.

Going concern disclosure

The directors have formed a judgement at the time of approving the Annual Financial Statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason the directors have adopted the going concern basis in preparing the accounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

4,582

Additions

215

Disposals

(251

)

At 31 March 2025

4,546

DEPRECIATION

At 1 April 2024

3,577

Charge for year

894

Eliminated on disposal

(251

)

At 31 March 2025

4,220

NET BOOK VALUE

At 31 March 2025

326

At 31 March 2024

1,005

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

1,207,000

Revaluations

5,000

At 31 March 2025

1,212,000

NET BOOK VALUE

At 31 March 2025

1,212,000

At 31 March 2024

1,207,000

This value is made up of seven properties being,

Stanmore Place worth £284,000 (Revaluation £67,750),

Kidbrook Village worth £285,000 (Revaluation £91,425),

Marine Wharf worth £300,000 (Revaluation £43,500),

Royal Arsenal worth £271,000 (Revaluation £39,250),

St James Properties - 5 Plots worth £72,000 (Revaluation £nil).

These are the most recent and reliable market values of the properties.

Fair value at 31 March 2025 is represented by:

Cost £970,075 (2024: £970,075)

Valuation adjustment £ 241,925 (2024: £236,925)

Fair value at 31 March 2025 is represented by:

£

Valuation in 2022

1,132,000

Valuation in 2023

20,000

Valuation in 2024

55,000

Valuation in 2025

5,000

1,212,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Accrued expenses

2,032

1,847

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Directors' loan accounts

1,461,413

1,391,747

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

2

Ordinary

1

2

2

9.	RELATED PARTY DISCLOSURES

At the balance sheet date, included within creditors due more than one year, is an amount of £730,706 (2024: £695,873) owed to each of the directors, A Hari and K Hari. These loans have interest charged at a rate of Bank of England rate + 1%, and has no fixed terms for repayment.

10.	ULTIMATE CONTROLLING PARTY

The controlling parties are the company directors by virtue of their shareholdings.