| Muralii Usha Property Ltd |
| Registered number: |
11708157 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Investment Property |
3 |
|
|
351,299 |
|
|
351,299 |
|
| Current assets |
| Cash at bank and in hand |
|
|
5,482 |
|
|
11,059 |
|
| Creditors: amounts falling due within one year |
4 |
|
(115,155) |
|
|
(109,258) |
|
| Net current liabilities |
|
|
|
(109,673) |
|
|
(98,199) |
|
| Total assets less current liabilities |
|
|
|
241,626 |
|
|
253,100 |
|
| Creditors: amounts falling due after more than one year |
5 |
|
|
(267,522) |
|
|
(277,978) |
|
|
|
| Net liabilities |
|
|
|
(25,896) |
|
|
(24,878) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(25,996) |
|
|
(24,978) |
|
| Shareholder's funds |
|
|
|
(25,896) |
|
|
(24,878) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Ratnaramiya Sivakumaran |
| Director |
| Approved by the board on 18 December 2025 |
|
| Muralii Usha Property 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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
|
Creditors |
|
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. |
|
|
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. Current and deferred tax assets and liabilities are not discounted. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
| 3 |
Investments |
|
| Other |
| investments |
| £ |
|
Cost |
|
At 1 April 2024 |
351,299 |
|
|
At 31 March 2025 |
351,299 |
|
The freehold property was purchased in 2019 and there has been no change in value as per the directors. |
|
|
| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
8,786 |
|
8,786 |
|
Other creditors |
106,369 |
|
100,472 |
|
|
|
|
|
|
115,155 |
|
109,258 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
243,085 |
|
243,085 |
|
Other creditors |
24,437 |
|
34,893 |
|
|
|
|
|
|
267,522 |
|
277,978 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
Muralii Usha Property Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
21 High Street |
|
Harrow on the Hill |
|
Middlesex |
|
HA1 3HT |