14693542falseOWNERSHIP AND RENTAL OF RESIDENTIAL PROPERTY2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2025-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 14693542
JHANGRA ESTATES LTD
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
Prepared By:
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
JHANGRA ESTATES LTD
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
DIRECTORS
KIRAN PREEA JHANGRA
REGISTERED OFFICE
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 14693542
ACCOUNTANTS
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
JHANGRA ESTATES LTD
ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
JHANGRA ESTATES LTD
BALANCE SHEET AT 31/03/2025
20252024
Notes££
FIXED ASSETS
Tangible assets31,092,526591,385
CURRENT ASSETS
Debtors47,5435,948
Cash at bank and in hand18,997247,183
26,540253,131
CREDITORS: Amounts falling due within one year5744,837641,499
NET CURRENT LIABILITIES(718,297)(388,368)
TOTAL ASSETS LESS CURRENT LIABILITIES374,229203,017
CREDITORS: Amounts falling due after more than one year6355,366204,413
NET ASSETS / (LIABILITIES)18,863(1,396)
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account18,763(1,496)
SHAREHOLDERS' FUNDS18,863(1,396)
For the year ending 31/03/2025 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 24/12/2025 and signed on their behalf by
.............................
KIRAN PREEA JHANGRA
Director
JHANGRA ESTATES LTD
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1b. Going Concern
The financial statements have been prepared on the going concern basis. The company is in a net current liability position of £ 718,297 as at 31 March 2025. However the director has given assurances that she will not draw on at least £ 500,000 of her director's loan account for at least twelve months from the date that the balance sheet was signed. On this basis the company is considered a going concern and the director is of the opinion that the company will be able to pay its debts as they fall due for at least twelve months from the date that the balance sheet was signed.
1c. Depreciation
Depreciation is provided at rates calculated to write off fixed assets, less their estimated residual value, over their expected useful lives.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.
Land And Buildingsstraight line2%
1d.
2. EMPLOYEES
20252024
No.No.
Average number of employees11
Key management personnel is restricted to that of the director.
JHANGRA ESTATES LTD
3. TANGIBLE FIXED ASSETS
Land And
BuildingsTotal
££
Cost
At 01/04/2024603,385603,385
Additions523,682523,682
At 31/03/20251,127,0671,127,067
Depreciation
At 01/04/202412,00012,000
For the year22,54122,541
At 31/03/202534,54134,541
Net Book Amounts
At 31/03/20251,092,5261,092,526
At 31/03/2024591,385591,385
Included in land and buildings at a net book value of £ 1,092,526 are four properties with a net book value of £ 353,995 which have been used to secure bank loans.
4. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors1,269310
Prepayments6,2745,638
7,5435,948
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax15,3442,464
Directors current account552,736552,736
TSJ Diagnostics Ltd50,000-
Trade creditors8271,339
Accruals1,930960
Premier Autolocks Ltd124,00084,000
744,837641,499
JHANGRA ESTATES LTD
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Aldermore Bank Plc loan (secured) >1yr67,500-
The Mortgage Works (UK) plc - secured Loan >1yr119,738119,738
The Mortgage Works (UK) plc - secured loan >1yr85,86884,675
Aldermore Bank Plc Loan >1yr82,260-
355,366204,413
7. SECURED CREDITORS
20252024
££
Amount of bank loans and overdrafts which are secured355,366204,413
8. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
On incorporation of the company one hundred ordinary shares of £1 each were issued for cash at par.
9. CONTROLLING PARTY
The company is wholly owned by the director Mrs Kiran Preea Jhangra.
10. RELATED PARTY TRANSACTIONS
The director Mrs Kiran Jhangra did not receive a dividend in the year to 31 March 2025 (2024 - £ nil).
JHANGRA ESTATES LTD
11. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITIES
The principal activity of the company is that of ownership and rental of residential property.
The company was dormant from incorporation to 31 March 2023. Trade commenced on 1 April 2023.
12. GENERAL INFORMATION
Jhangra Estates Limited is a private company limited by shares and incorporated in England. Its registered office is 13 Wolverhampton Road, Codsall, Wolverhampton, West Midlands, WV8 1PT.
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company.