REGISTERED NUMBER: 10740313 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

HOTHI GROUP LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G S Hothi

Mrs J K Hothi

Mr P Hothi

Miss M Hothi

Mrs SK Dosanjh

Mrs MK Dhaliwal

Mrs K Hothi Dheansa

REGISTERED OFFICE:

The Elms

Bangors Road North

Iver Heath

Iver

Buckinghamshire

SL0 0BQ

REGISTERED NUMBER:

10740313 (England and Wales)

ACCOUNTANTS:

Sage & Co

Chartered Accountants

40 High Street

Northwood

Middlesex

HA6 1BN

FIXED ASSETS

Intangible assets

4

21,675

23,456

Tangible assets

5

1,257,439

1,315,039

Investments

6

200

500

Investment property

7

24,914,266

41,244,973

26,193,580

42,583,968

CURRENT ASSETS

Debtors

8

15,114,266

6,423,991

Cash at bank and in hand

1,200,345

62,215

16,314,611

6,486,206

CREDITORS

Amounts falling due within one year

9

628,908

399,836

NET CURRENT ASSETS

15,685,703

6,086,370

TOTAL ASSETS LESS CURRENT LIABILITIES

41,879,283

48,670,338

CREDITORS

Amounts falling due after more than one year

10

(12,410,419

)

(19,394,935

)

PROVISIONS FOR LIABILITIES

(52,890

)

(64,590

)

NET ASSETS

29,415,974

29,210,813

CAPITAL AND RESERVES

Called up share capital

12

250,100

250,100

Share premium

24,750,000

24,750,000

Retained earnings

4,415,874

4,210,713

SHAREHOLDERS' FUNDS

29,415,974

29,210,813

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 30 December 2025 and were signed on its behalf by:

Mr G S Hothi - Director

1.	STATUTORY INFORMATION

Hothi Group 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.

Preparation of consolidated financial statements

The financial statements contain information about Hothi Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover, which excludes value added tax, represents rental income received from the letting of properties and interest income from the loans provided to the company's customers and is recognised on an effective interest rate basis over the life of the facility.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of fifteen years.

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

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Land is not depreciated.

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

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

Financial instruments

Financial assets and liabilities are recognised on the balance sheet when the company becomes party to the contractual provisions of the instrument and are de-recognised on the date it ceases to be a party, or it transfers the rights to receive the contractual cash flows from the financial asset in a transaction such that substantially all the risks and rewards of ownership of the financial asset are transferred.

Financial assets and liabilities are measured at amortised cost.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Loans

The company provides short term loans to customers. These loans are non-derivative financial assets with fixed or determinable repayments that are not quoted in an active market and are classified as loans and receivables. The loans are measured on initial recognition at the transaction price plus directly attributable costs and are subsequently measured at amortised cost using the effective interest rate method.

Impairment

At the end of each reporting period, an assessment is made whether there is objective evidence of impairment of any financial assets measured at cost or amortised cost. If there is objective evidence of impairment, an impairment loss is recognised immediately in profit or loss.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the reported amounts of revenues, expenses, assets and liabilities, and the accompanying disclosures. Uncertainty about these assumptions and estimates could result in outcomes that require a material adjustment to the carrying amount of assets or liabilities affected in future periods.

The key accounting judgments and estimates in these financial statements include:

Judgements - Impairment of loans

The company regularly reviews the loans and makes judgments as to the need for loan impairment provisions. The company uses objective factors such as the time since the customer's last payment or other indicators to determine whether a loan or group of loans is impaired.

Debtors and Creditors Receivable/Payable Within One Year

Debtors and creditors other than financial instruments which are receivable or payable within one year are recorded at transaction price.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

26,716

AMORTISATION

At 1 April 2024

3,260

Charge for year

1,781

At 31 March 2025

5,041

NET BOOK VALUE

At 31 March 2025

21,675

At 31 March 2024

23,456

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

1,089,657

34,526

72,715

366,674

1,563,572

Additions

-

1,656

-

-

1,656

At 31 March 2025

1,089,657

36,182

72,715

366,674

1,565,228

DEPRECIATION

At 1 April 2024

32,741

13,323

23,690

178,779

248,533

Charge for year

10,896

3,428

7,353

37,579

59,256

At 31 March 2025

43,637

16,751

31,043

216,358

307,789

NET BOOK VALUE

At 31 March 2025

1,046,020

19,431

41,672

150,316

1,257,439

At 31 March 2024

1,056,916

21,203

49,025

187,895

1,315,039

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakin

£

COST

At 1 April 2024

500

Disposals

(300

)

At 31 March 2025

200

NET BOOK VALUE

At 31 March 2025

200

At 31 March 2024

500

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

41,244,973

Additions

35,457

Disposals

(16,366,164

)

At 31 March 2025

24,914,266

NET BOOK VALUE

At 31 March 2025

24,914,266

At 31 March 2024

41,244,973

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

1,451,071

72

Other debtors

8,379,112

6,234,613

Short term loans

4,882,750

-

Directors' loan accounts

245,910

-

Prepayments and accrued income

155,423

189,306

15,114,266

6,423,991

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

199,266

200,516

Tax

109,209

43,694

Social security and other taxes

7,600

8,034

Other creditors

764

892

Deposits held

86,187

128,943

Directors' loan accounts

-

13,249

Accruals and deferred income

225,882

4,508

628,908

399,836

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

199,266

200,516

Bank loans - 2-5 years

2,131,153

601,548

Bank loans -2-5 years non-ins

8,508,532

-

Bank loans more 5 yr by instal

1,571,468

3,592,871

Bank loans more 5 yrs non-inst

-

15,000,000

12,410,419

19,394,935

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

-

15,000,000

Repayable by instalments

Bank loans more 5 yr by instal

1,571,468

3,592,871

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

12,609,685

19,595,451

The bank loans and overdrafts are secured by debentures over the company assets and first legal charges over its properties.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

250,100

Ordinary

£1

250,100

250,100

13.	DIRECTORS' LOANS

The following loans in respect of directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr G S Hothi

Balance outstanding at start of year

-

19,274

Amounts advanced

122,955

-

Amounts repaid

-

(19,274

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

122,955

-

Mrs J K Hothi

Balance outstanding at start of year

-

19,274

Amounts advanced

122,955

-

Amounts repaid

-

(19,274

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

122,955

-

Interest is charged at the official rate.