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Registered number: 07538862
Mehta Consultants Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07538862
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 28,930 38,610
28,930 38,610
CURRENT ASSETS
Debtors 6 315,208 279,796
Investments 7 417,919 155,785
Cash at bank and in hand 936,244 947,784
1,669,371 1,383,365
Creditors: Amounts Falling Due Within One Year 8 (90,474 ) (56,051 )
NET CURRENT ASSETS (LIABILITIES) 1,578,897 1,327,314
TOTAL ASSETS LESS CURRENT LIABILITIES 1,607,827 1,365,924
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (7,233 ) (10,103 )
NET ASSETS 1,600,594 1,355,821
CAPITAL AND RESERVES
Called up share capital 11 102 102
Profit and Loss Account 1,600,492 1,355,719
SHAREHOLDERS' FUNDS 1,600,594 1,355,821
Page 1
Page 2
For the 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.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr K H Mehta
Director
Mr H B Mehta
Director
9 December 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Mehta Consultants Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07538862 . The registered office is Chp Clifton House, Four Elms Road, Cardiff, CF24 1LE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 rendering of services. 
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of five years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% reducing balance
Fixtures & Fittings 20% reducing balance
2.5. Financial Instruments
Current asset investments are initially recognised and subsequently measured at fair value, with any changes recognised in profit or loss. All other financial instruments applicable to the company are basic as defined in the Accounting Standard, and as such are initially recognised at the transaction price. Debt instruments are subsequently measured at amortised cost.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
...CONTINUED
Page 3
Page 4
2.6. Taxation - continued
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 9,960
As at 31 March 2025 9,960
Amortisation
As at 1 April 2024 9,960
As at 31 March 2025 9,960
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
Page 4
Page 5
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2024 53,980 2,624 56,604
As at 31 March 2025 53,980 2,624 56,604
Depreciation
As at 1 April 2024 16,030 1,964 17,994
Provided during the period 9,550 130 9,680
As at 31 March 2025 25,580 2,094 27,674
Net Book Value
As at 31 March 2025 28,400 530 28,930
As at 1 April 2024 37,950 660 38,610
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 36,314 26,676
Directors' loan accounts 28,594 2,820
Amounts owed by connected company 250,300 250,300
315,208 279,796
7. Current Asset Investments
2025 2024
£ £
Short term deposits 168,322 155,785
Other investments, held for sale 249,597 -
417,919 155,785
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 1,605 99
Other taxes and social security 84,669 52,952
Other creditors 4,200 3,000
90,474 56,051
Page 5
Page 6
9. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Accelerated capital allowances 7,233 10,103
10. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 April 2024 10,103 10,103
Utilised (2,870 ) (2,870)
Balance at 31 March 2025 7,233 7,233
11. Share Capital
2025 2024
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
1 Ordinary A shares of £ 1.00 each 1 1
1 Ordinary B shares of £ 1.00 each 1 1
102 102
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Hemang Mehta 2,820 25,774 - - 28,594
The above loan is unsecured, interest free and repayable on demand.
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