REGISTERED NUMBER: 05461333 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

NISHKAMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr K C Patel

Mrs N K Patel

SECRETARY:

Mr K C Patel

REGISTERED OFFICE:

14 Perch Close

Daventry

Northamptonshire

NN11 8YY

REGISTERED NUMBER:

05461333 (England and Wales)

ACCOUNTANTS:

Bayar Hughes & Co

Chartered Certified Accountants

4 Green Lane Business Park

238 Green lane

New Eltham

London

SE9 3TL

FIXED ASSETS

Tangible assets

4

75,713

100,950

Investment Properties

5

1,950,000

2,381,077

2,025,713

2,482,027

CURRENT ASSETS

Stocks

52,250

54,750

Debtors

6

307

2,616

Cash at bank and in hand

200,829

117,746

253,386

175,112

CREDITORS

Amounts falling due within one year

7

110,351

87,648

NET CURRENT ASSETS

143,035

87,464

TOTAL ASSETS LESS CURRENT LIABILITIES

2,168,748

2,569,491

CREDITORS

Amounts falling due after more than one year

8

259,369

357,750

NET ASSETS

1,909,379

2,211,741

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

9

256,352

687,429

Retained earnings

1,652,927

1,524,212

SHAREHOLDERS' FUNDS

1,909,379

2,211,741

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 31 December 2025 and were signed on its behalf by:

Mr K C Patel - Director

1.	STATUTORY INFORMATION

Nishkams 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 as modified by the revaluation of certain assets.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Investment properties

Investment properties are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

426,461

DEPRECIATION

At 1 April 2024

325,511

Charge for year

25,237

At 31 March 2025

350,748

NET BOOK VALUE

At 31 March 2025

75,713

At 31 March 2024

100,950

5.	INVESTMENT PROPERTIES

Total

£

FAIR VALUE

At 1 April 2024

2,381,077

Impairments

(431,077

)

At 31 March 2025

1,950,000

NET BOOK VALUE

At 31 March 2025

1,950,000

At 31 March 2024

2,381,077

Fair value at 31 March 2025 is represented by:

£

Valuation in 2022

875,195

Valuation in 2024

(187,766

)

Valuation in 2025

(431,077

)

Cost

1,693,648

1,950,000

Investment properties were valued on an open market basis on 31 March 2025 by the Directors' .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

2,323

Other debtors

307

293

307

2,616

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank Loans

23,942

23,942

Hire purchase contracts

6,962

6,962

Trade creditors

24,170

31,310

Taxation and social security

50,609

21,471

Other creditors

4,668

3,963

110,351

87,648

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

39,448

46,990

Other creditors

219,921

310,760

259,369

357,750

9.

RESERVES

Revaluation

reserve

£

At 1 April 2024

687,429

Revaluations

(431,077

)

At 31 March 2025

256,352