STALLION ASSETS LIMITED


Director	DHERI, Gurpal Singh, Dr


Registered Address	2nd Floor Grove House
	55 Lowlands Road
	Harrow
	HA1 3AW


Registered Number	07247199 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		111,733		97,536
Investments	6		414,699		276,460
Investment property	5		-		76,028
			526,432		450,024
Current assets
Stocks	7	1,422		1,076
Debtors	8	122,339		1,633,044
Cash at bank and on hand		256,209		244,741
		379,970		1,878,861
Creditors amounts falling due within one year	9	(868,189)		(176,821)
Net current assets (liabilities)			(488,219)		1,702,040
Total assets less current liabilities			38,213		2,152,064
Creditors amounts falling due after one year	10		(6,393)		(19,859)
Provisions for liabilities	12		(27,933)		(24,286)
Net assets			3,887		2,107,919
Capital and reserves
Called up share capital			100		100
Revaluation reserve			2,503		2,503
Profit and loss account			1,284		2,105,316
Shareholders' funds			3,887		2,107,919

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 8 December 2025, and are signed on its behalf by:

DHERI, Gurpal Singh, Dr
Director
Registered Company No. 07247199

STALLION ASSETS LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	Stallion Assets 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.

	Statement of compliance
	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.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover represents gross income from dental practice related activities.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	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.

Deferred tax

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.

	Intangible assets
	Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortization and any accumulated impairment losses. Goodwill Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortized evenly over its estimated useful life of ten years.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Fixtures and fittings	25
	Office Equipment	25

	Investments
	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.

	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.

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	6		5

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 April 24	450,000	450,000
At 31 March 25	450,000	450,000
Amortisation and impairment
At 01 April 24	450,000	450,000
At 31 March 25	450,000	450,000
Net book value
At 31 March 25	-	-
At 31 March 24	-	-

4.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	178,871	54,055	11,584	244,510
Additions	40,993	393	429	41,815
At 31 March 25	219,864	54,448	12,013	286,325
Depreciation and impairment
At 01 April 24	110,310	33,120	3,544	146,974
Charge for year	20,257	5,324	2,037	27,618
At 31 March 25	130,567	38,444	5,581	174,592
Net book value
At 31 March 25	89,297	16,004	6,432	111,733
At 31 March 24	68,561	20,935	8,040	97,536

5.	Investment property


		£
	Fair value at 01 April 24	76,028
	Disposals	(76,028)
	At 31 March 25	-

6.	Fixed asset investments

	Other investments¹	Total
	£	£
Cost or valuation
At 01 April 24	276,460	276,460
Additions	428,048	428,048
Disposals	(289,809)	(289,809)
At 31 March 25	414,699	414,699
Net book value
At 31 March 25	414,699	414,699
At 31 March 24	276,460	276,460

	Notes
	¹Other investments other than loans

7.	Stocks

	2025	2024
	£	£
Other stocks	1,422	1,076
Total	1,422	1,076

8.	Debtors: amounts due within one year

	2025	2024
	£	£
Amounts owed by group undertakings	87,360	1,632,031
Other debtors	32,215	-
Prepayments and accrued income	2,764	1,013
Total	122,339	1,633,044


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

9.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	76,715	52,175
Bank borrowings and overdrafts	191,609	9,842
Amounts owed to related parties	441,100	-
Taxation and social security	61,455	23,403
Finance lease and HP contracts	2,620	6,144
Other creditors	89,038	82,377
Accrued liabilities and deferred income	5,652	2,880
Total	868,189	176,821


	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.

10.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	6,393	16,727
Other creditors	-	3,132
Total	6,393	19,859

11.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	2,620		9,276

12.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	27,933	24,286
Total	27,933	24,286

13.	Directors advances, credits and guarantees
	The director's current account has a debit balance of £32,215 (2024: £5,579 cr) related to director, G Dheri.

14.	Related party transactions
	Amounts owed to related parties are as per below: Apollo Assets Ltd: £80,000 cr (2024: £1,558,071 dr) Ghattaura Enterprises Ltd: 87,360 (2024: £73,360) Leotaur Ltd: £361,100 cr (2024: £600 dr)