Basmati Lounge Ltd

Basmati Lounge Ltd
Contents Page
For the year ended 31 March 2025

Company information	1
Director's report	2
Accountants' report	3
Statement of financial position	4
Statement of changes in equity	5
Notes to the financial statements	6

Basmati Lounge Ltd
Company Information
For the year ended 31 March 2025

Director	Mrs Forida Begum
Registered Number	11785695
Registered Office	230 Birmingham Road Great Barr Birmingham B43 7AG
Accountants	Marneros Marcus & Co Limited First Floor Hagley Court 40 Vicarage Road Edgbaston Birmingham B153EZ

1

Basmati Lounge Ltd
Director's Report
For the year ended 31 March 2025

Director's report and financial statements

The director presents his/her/their annual report and the financial statements for the year ended 31 March 2025.

Principal activities

Principal activity of the company during the financial year was of a restaurant.

Director

The director who served the company throughout the year was as follows:

Mrs Forida Begum

Statement of director's responsibilities

The director is responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the director is required to :

select suitable accounting policies and then apply them consistently
make judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

On behalf of the board.

----------------------------------
Mrs Forida Begum
Director

Date approved: 29 December 2025

2

Basmati Lounge Ltd Accountants' Report For the year ended 31 March 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Marneros Marcus & Co Limited 31 March 2025 .................................................... Marneros Marcus & Co Limited First Floor Hagley Court 40 Vicarage Road Edgbaston Birmingham B153EZ 29 December 2025 3

Basmati Lounge Ltd
Accountants' Report
For the year ended 31 March 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Marneros Marcus & Co Limited
31 March 2025

....................................................

Marneros Marcus & Co Limited
First Floor Hagley Court
40 Vicarage Road Edgbaston
Birmingham
B153EZ
29 December 2025

3

Registered Number: 11785695 Basmati Lounge Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	1,996	2,348
		1,996	2,348
Current assets
Stocks	4	1,845	1,820
Debtors	5	531	100
Cash at bank and in hand		76,418	45,269
		78,794	47,189
Creditors: amount falling due within one year	6	(40,986)	(47,453)
Net current assets		37,808	(264)

Total assets less current liabilities		39,804	2,084
Net assets		39,804	2,084

Capital and reserves
Called up share capital		100	100
Profit and loss account		39,704	1,984
Shareholders' funds		39,804	2,084

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

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director on 29 December 2025 and were signed by:

-------------------------------
Mrs Forida Begum
Director

4

Basmati Lounge Ltd
Statement of Changes in Equity
For the year ended 31 March 2025

	Equity share capital	Retained Earnings	Total
	£	£	£
At 01 April 2023	100	24,249	24,349
Profit for the year		(22,265)	(22,265)
Total comprehensive income for the year	-	(22,265)	(22,265)
Total investments by and distributions to owners	-	-	-
At 31 March 2024	100	1,984	2,084
At 01 April 2024	100	1,981	2,081
Profit for the year		37,723	37,723
Total comprehensive income for the year	-	37,723	37,723
Total investments by and distributions to owners	-	-	-
At 31 March 2025	100	39,704	39,804

5

Basmati Lounge Ltd
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

Basmati Lounge Ltd is a private company, limited by shares, registered in , registration number 11785695, registration address 230 Birmingham Road, Great Barr, Birmingham, B43 7AG.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

2.	Average number of employees Average number of employees during the year was 9 (2024 : 9).

3.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Total
	£	£
At 01 April 2024	3,250	3,250
Additions	-	-
Disposals	-	-
At 31 March 2025	3,250	3,250
Depreciation
At 01 April 2024	902	902
Charge for year	352	352
On disposals	-	-
At 31 March 2025	1,254	1,254
Net book values
Closing balance as at 31 March 2025	1,996	1,996
Opening balance as at 01 April 2024	2,348	2,348

4.

Stocks

	2025 £		2024 £
Stocks	1,845		1,820
	1,845		1,820

5.

Debtors: amounts falling due within one year

	2025 £	2024 £
Other Debtors	100	100
Directors' Current Accounts	431	-
	531	100

6.

Creditors: amount falling due within one year

	2025 £	2024 £
Corporation Tax	3,806	-
PAYE & Social Security	-	1,688
Accrued Expenses	1,143	1,143
Bounce Back Loan	18,802	28,109
Directors' Current Accounts	-	633
VAT	17,235	15,880
	40,986	47,453

6

Registered Number: 11785695

BASMATI LOUNGE LTD

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025