| Ahuja Investments Limited |
| Registered number: |
10001862 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
32,219 |
|
|
40,274 |
| Investments |
4 |
|
|
22,385,000 |
|
|
22,385,000 |
|
|
|
|
22,417,219 |
|
|
22,425,274 |
|
| Current assets |
| Debtors |
5 |
|
32,235 |
|
|
74,117 |
| Cash at bank and in hand |
|
|
35,894 |
|
|
31,865 |
|
|
|
68,129 |
|
|
105,982 |
|
| Creditors: amounts falling due within one year |
6 |
|
(1,307,544) |
|
|
(1,344,975) |
|
| Net current liabilities |
|
|
|
(1,239,415) |
|
|
(1,238,993) |
|
| Total assets less current liabilities |
|
|
|
21,177,804 |
|
|
21,186,281 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(18,492,540) |
|
|
(18,601,911) |
|
| Net assets |
|
|
|
2,685,264 |
|
|
2,584,370 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
500,105 |
|
|
500,105 |
| Profit and loss account |
|
|
|
2,185,159 |
|
|
2,084,265 |
|
| Shareholders' funds |
|
|
|
2,685,264 |
|
|
2,584,370 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Joginder Singh |
| Director |
| Approved by the board on 30 December 2025 |
|
| Ahuja Investments Limited |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rents receivable on the investment property of the company. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
Investment property |
|
Investment properties are held to earn rental income and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on a ongoing basis are measured at a fair value. Gains and losses arising from changes in the fair value of investment properties are included in the profit or loss in the period in whey arise. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
5 |
|
5 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 April 2024 |
134,123 |
|
At 31 March 2025 |
134,123 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2024 |
93,849 |
|
Charge for the year |
8,055 |
|
At 31 March 2025 |
101,904 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
32,219 |
|
At 31 March 2024 |
40,274 |
|
|
| 4 |
Investments |
|
| Investment |
| property |
| £ |
|
Fair value |
|
At 1 April 2024 |
22,385,000 |
|
|
At 31 March 2025 |
22,385,000 |
|
|
|
|
|
|
|
|
|
|
Historical cost |
|
At 1 April 2024 |
20,708,887 |
|
At 31 March 2025 |
20,708,887 |
|
|
|
|
|
|
|
|
|
|
The investment property is included in the accounts at a fair value of £22,385,000. The valuation was provided by the director. |
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
25,001 |
|
67,408 |
|
Other debtors |
7,234 |
|
6,709 |
|
|
|
|
|
|
32,235 |
|
74,117 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
439,507 |
|
447,280 |
|
Trade creditors |
525,605 |
|
188,649 |
|
Taxation and social security costs |
54,474 |
|
45,120 |
|
Other creditors |
287,958 |
|
663,926 |
|
|
|
|
|
|
1,307,544 |
|
1,344,975 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
11,779,820 |
|
10,145,000 |
|
Other creditors |
6,712,720 |
|
8,456,911 |
|
|
|
|
|
|
18,492,540 |
|
18,601,911 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Loans |
2025 |
|
2024 |
| £ |
£ |
|
Creditors include: |
|
|
Secured bank loans |
12,199,820 |
|
10,565,000 |
|
|
|
|
|
|
|
|
|
|
The bank loan is secured on the company`s investment property and personal guarantee from the director. |
|
|
| 9 |
Related party transactions |
|
|
Included in other creditors is a amount of £2,860,242 (2024: £3,958,433) due to the director of the company. This balance is included in other creditors falling due after more than one year. There are no terms as to interest or repayment in respect of this amount.
At the year end, the company owed £3,297,128 (2024: £3,325,028) to one of its shareholders. This balance is included in other creditors falling due after more than one year.
At the year end, the company owed £525,000 (2024: £692,000) to Marina Dealers Ltd a company with common shareholders and directors. This balance is included in other creditors falling due after more than one year.
At the year end, the company owed £ nil (2024: £178,750) to Marina Property Ltd a company with common shareholders and directors. This balance is included in other creditors falling due after more than one year.
At the year end, the company was owed £ 4,250 (2024: £nil) by Marina Property Ltd a company with common shareholders and directors. This balance is included in other creditors falling due after more than one year. |
|
|
| 10 |
Other information |
|
|
Ahuja Investments Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Laxmi House |
|
2-b Draycott Avenue |
|
Kenton Harrow |
|
Middlesex |
|
HA3 0BU |