REGISTERED NUMBER: 04045071 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Gita Sai Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

G Mashru

Mrs C G Mashru

M Mashru

SECRETARY:

G Mashru

REGISTERED OFFICE:

8 White Orchards

Stanmore

Middlesex

HA7 3NN

REGISTERED NUMBER:

04045071 (England and Wales)

ACCOUNTANTS:

J N Simaria & Co

Accountants

29 Albury Drive

Pinner

Middlesex

HA5 3RL

FIXED ASSETS

Tangible assets

4

3,825,988

2,820,750

CURRENT ASSETS

Debtors

5

404,600

404,600

Cash at bank and in hand

42,773

92,124

447,373

496,724

CREDITORS

Amounts falling due within one year

6

1,385,234

340,220

NET CURRENT (LIABILITIES)/ASSETS

(937,861

)

156,504

TOTAL ASSETS LESS CURRENT LIABILITIES

2,888,127

2,977,254

CREDITORS

Amounts falling due after more than one year

7

1,946,936

1,955,307

NET ASSETS

941,191

1,021,947

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

941,091

1,021,847

SHAREHOLDERS' FUNDS

941,191

1,021,947

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 directors acknowledge their 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 Board of Directors and authorised for issue on 29 December 2025 and were signed on its behalf by:

G Mashru - Director

M Mashru - Director

1.	STATUTORY INFORMATION

Gita Sai 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

Turnover 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

Improvements to property

-

in accordance with the property

Motor vehicles

-

20% on reducing balance

Depreciation on freehold properties has not been provided as, in the directors opinion, the company's policy of regular maintenance and refurbishment maintains the residual value of the assets.

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.

Grant receivable

Business grants are credited to profit & loss account on an accrual basis where it is probable that they

will be received .

Government assisted loans

Loans received through the Bounce Back Loan scheme( BBLS) or the Coronavirus Business Interruption

Loan Scheme (CBILS) are accounted for on the date the funds received by the company.The first twelve months of the interest charge funded by government, is recognised in the profit & loss account

as both an interest charge and as a government grant receivable,

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Motor

property

property

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

2,401,616

445,627

50,600

2,897,843

Additions

585,000

444,231

-

1,029,231

At 31 March 2025

2,986,616

889,858

50,600

3,927,074

DEPRECIATION

At 1 April 2024

-

39,158

37,935

77,093

Charge for year

-

21,460

2,533

23,993

At 31 March 2025

-

60,618

40,468

101,086

NET BOOK VALUE

At 31 March 2025

2,986,616

829,240

10,132

3,825,988

At 31 March 2024

2,401,616

406,469

12,665

2,820,750

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

404,600

404,600

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

170,296

170,296

Trade creditors

-

1

Corporation tax

-

3,637

Other creditors

95,561

145,461

Directors' current accounts

1,111,511

13,651

Accrued expenses

7,866

7,174

1,385,234

340,220

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans more 5 yr by instal

1,940,765

1,949,136

Directors loan account

6,171

6,171

1,946,936

1,955,307

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,940,765

1,949,136

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

2,111,061

2,119,432

The bank loans are secured by fixed and floating charge over the assets of the company by personal guarantee given by the directors.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£

100

100

10.

RESERVES

Retained

earnings

£

At 1 April 2024

1,021,847

Deficit for the year

(80,756

)

At 31 March 2025

941,091

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

J N Simaria & Co

Accountants

29 Albury Drive

Pinner

Middlesex

HA5 3RL

29 December 2025