REGISTERED NUMBER: 07953026 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Saini Gas & Electrical Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R S Saini

SECRETARY:

REGISTERED OFFICE:

72 Avondale Road

Bromley

Bromley

BR1 4EZ

REGISTERED NUMBER:

07953026 (England and Wales)

ACCOUNTANTS:

Taxpoint Direct Limited

Chartered Certified Accountants &Tax Consultants

310E Sterling House

Langston Road

Loughton

IG10 3TS

FIXED ASSETS

Tangible assets

4

6,120

8,160

CURRENT ASSETS

Stocks

5

8,000

12,500

Debtors

6

26,118

16,049

Investments

7

139,456

139,456

Cash at bank and in hand

22,949

39,704

196,523

207,709

CREDITORS

Amounts falling due within one year

8

33,670

40,178

NET CURRENT ASSETS

162,853

167,531

TOTAL ASSETS LESS CURRENT LIABILITIES

168,973

175,691

CREDITORS

Amounts falling due after more than one year

9

10,681

20,815

NET ASSETS

158,292

154,876

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

158,192

154,776

SHAREHOLDERS' FUNDS

158,292

154,876

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 director acknowledges his 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 director and authorised for issue on 20 November 2025 and were signed by:

R S Saini - Director

1.	STATUTORY INFORMATION

Saini Gas & Electrical Ltd 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.

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.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

17,996

51,952

8,312

78,260

DEPRECIATION

At 1 April 2024

16,906

47,108

6,086

70,100

Charge for year

273

1,211

556

2,040

At 31 March 2025

17,179

48,319

6,642

72,140

NET BOOK VALUE

At 31 March 2025

817

3,633

1,670

6,120

At 31 March 2024

1,090

4,844

2,226

8,160

5.

STOCKS

31.3.25

31.3.24

£

£

Stocks

8,000

12,500

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

26,118

16,049

7.	CURRENT ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Unlisted investments

139,456

139,456

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

2,931

2,236

Tax

4,138

3,082

Social security and other taxes

658

917

VAT

1,985

7,163

Directors' current accounts

23,958

26,780

33,670

40,178

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 2-5 years

10,681

20,815