REGISTERED NUMBER: 08003846 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

KRISH PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr H A Patel

SECRETARIES:

Mrs H R Amin

Mr A B Adeleye

REGISTERED OFFICE:

4 Green Lane Business Park

238 Green Lane

New Eltham

London

SE9 3TL

REGISTERED NUMBER:

08003846 (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

Investment Properties

4

2,325,000

2,325,000

CURRENT ASSETS

Debtors

5

139,130

179,130

Cash at bank

78,483

34,686

217,613

213,816

CREDITORS

Amounts falling due within one year

6

104,979

62,853

NET CURRENT ASSETS

112,634

150,963

TOTAL ASSETS LESS CURRENT LIABILITIES

2,437,634

2,475,963

CREDITORS

Amounts falling due after more than one year

7

1,470,000

1,470,000

NET ASSETS

967,634

1,005,963

CAPITAL AND RESERVES

Called up share capital

135

135

Revaluation reserve

8

638,971

638,971

Retained earnings

328,528

366,857

SHAREHOLDERS' FUNDS

967,634

1,005,963

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 30 December 2025 and were signed by:

Mr H A Patel - Director

1.	STATUTORY INFORMATION

Krish Properties 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 rental income.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	INVESTMENT PROPERTIES

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

2,325,000

NET BOOK VALUE

At 31 March 2025

2,325,000

At 31 March 2024

2,325,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2021

638,971

Cost

1,686,029

2,325,000

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

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed by Subsidiary Company

139,130

179,130

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

20,524

20,524

Amount owed to Associated Company

60,000

-

Taxation and social security

-

13,698

Other creditors

24,455

28,631

104,979

62,853

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

1,470,000

1,470,000

8.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

638,971