Company No: 10999572 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	A M Chaudhary
	W M Chaudhary

REGISTERED OFFICE	22 Chancery Lane
	London
	WC2A 1LS
	United Kingdom

COMPANY NUMBER

10999572 (England and Wales)

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	9,191		9,042
Investment property	4	12,097,077		12,097,077
		12,106,268		12,106,119
Current assets
Debtors	5	18,954		16,953
Cash at bank and in hand		194,950		213,912
		213,904		230,865
Prepayments and accrued income		29,074		30,446
Creditors: amounts falling due within one year	6	( 373,152)		( 379,230)
Net current liabilities		(130,174)		(117,919)
Total assets less current liabilities		11,976,094		11,988,200
Creditors: amounts falling due after more than one year	7	( 1,184,898)		( 1,358,838)
Accruals and deferred income		( 55,911)		( 46,970)
Net assets		10,735,285		10,582,392
Capital and reserves
Called-up share capital		8,900,000		8,900,000
Profit and loss account		1,835,285		1,682,392
Total shareholder's funds		10,735,285		10,582,392

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Kashmere Properties Limited (registered number: 10999572) were approved and authorised for issue by the Board of Directors on 16 December 2025. They were signed on its behalf by:

A M Chaudhary Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Kashmere Properties Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 22 Chancery Lane, London, WC2A 1LS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities.

Turnover is recognised on an accruals basis.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year, including directors	2		2

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 April 2024	25,523		25,523
Additions	4,700		4,700
At 31 March 2025	30,223		30,223
Accumulated depreciation
At 01 April 2024	16,481		16,481
Charge for the financial year	4,551		4,551
At 31 March 2025	21,032		21,032
Net book value
At 31 March 2025	9,191		9,191
At 31 March 2024	9,042		9,042

4. Investment property

	Investment property
	£
Valuation
As at 01 April 2024	12,097,077
As at 31 March 2025	12,097,077

5. Debtors

	2025		2024
	£		£
Other debtors	18,954		16,953

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Amounts owed to group undertakings (note 8)	60,445		52,339
Amounts owed to parent undertakings (note 8)	151,197		151,197
Shareholder loans (note 8)	14,453		30,003
Corporation tax	51,438		77,611
Other creditors	95,619		68,080
	373,152		379,230

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	1,184,898		1,358,838

The loan is secured against the investment property.

8. Related party transactions

At the balance sheet date the loan outstanding to the parent entity, Kashmere Properties Holdings Limited, was £151,197 (2024 - £151,197). The loan is interest free and is repayable on demand.

At the balance sheet date the loan outstanding from group undertakings was £60,445 (2024 - £52,339). The loan is interest free and is repayable on demand.

At the balance sheet the loan outstanding to W M Chaudhary, a director and shareholder, was £14,453 (2024 - £30,003). The loan is interest free and is repayable on demand.