REGISTERED NUMBER: 05890002 (England and Wales)

LAXSH LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

Dr Amit Koshal

REGISTERED OFFICE:

Sixty Six

North Quay

Great Yarmouth

Norfolk

NR30 1HE

REGISTERED NUMBER:

05890002 (England and Wales)

ACCOUNTANTS:

TG Associates Limited

Chartered Accountants

7 Jardine House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Tangible assets

4

785,402

866,297

Investments

5

551,124

662,836

Investment property

6

231,000

231,000

1,567,526

1,760,133

CURRENT ASSETS

Stocks

14,000

14,000

Debtors

7

1,415,785

1,508,887

Cash at bank and in hand

836,870

265,911

2,266,655

1,788,798

CREDITORS

Amounts falling due within one year

8

324,303

299,305

NET CURRENT ASSETS

1,942,352

1,489,493

TOTAL ASSETS LESS CURRENT LIABILITIES

3,509,878

3,249,626

CREDITORS

Amounts falling due after more than one year

9

(139,997

)

(139,997

)

PROVISIONS FOR LIABILITIES

(2,505

)

(19,304

)

NET ASSETS

3,367,376

3,090,325

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

3,367,375

3,090,324

3,367,376

3,090,325

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 director acknowledges his 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 director and authorised for issue on 21 December 2025 and were signed by:

Dr Amit Koshal - Director

1.	STATUTORY INFORMATION

Laxsh 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.

Turnover

Fees receivable is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Freehold property

-

2% on cost

Long leasehold

-

7 years straight line

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

18% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Investment property

Investment property is shown at cost.

Stocks

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

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Long

Plant and

property

leasehold

machinery

£

£

£

COST

At 1 April 2024

628,871

401,993

290,736

Additions

-

-

9,355

Disposals

-

-

-

At 31 March 2025

628,871

401,993

300,091

DEPRECIATION

At 1 April 2024

25,154

356,382

228,928

Charge for year

12,577

17,246

14,246

Eliminated on disposal

-

-

-

At 31 March 2025

37,731

373,628

243,174

NET BOOK VALUE

At 31 March 2025

591,140

28,365

56,917

At 31 March 2024

603,717

45,611

61,808

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

56,938

136,800

105,516

1,620,854

Additions

6,265

73,995

1,599

91,214

Disposals

-

(105,476

)

-

(105,476

)

At 31 March 2025

63,203

105,319

107,115

1,606,592

DEPRECIATION

At 1 April 2024

29,174

33,960

80,959

754,557

Charge for year

4,965

27,432

12,536

89,002

Eliminated on disposal

-

(22,369

)

-

(22,369

)

At 31 March 2025

34,139

39,023

93,495

821,190

NET BOOK VALUE

At 31 March 2025

29,064

66,296

13,620

785,402

At 31 March 2024

27,764

102,840

24,557

866,297

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

662,836

Additions

133,824

Disposals

(245,536

)

At 31 March 2025

551,124

NET BOOK VALUE

At 31 March 2025

551,124

At 31 March 2024

662,836

6.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2024

and 31 March 2025

231,000

NET BOOK VALUE

At 31 March 2025

231,000

At 31 March 2024

231,000

7.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

60,191

60,916

Other debtors

1,126,142

1,298,095

1,186,333

1,359,011

Amounts falling due after more than one year:

Other debtors

229,452

149,876

Aggregate amounts

1,415,785

1,508,887

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

-

25,120

Trade creditors

79,055

107,500

Taxation and social security

206,483

110,885

Other creditors

38,765

55,800

324,303

299,305

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

139,997

139,997