Company Registration No. 13305055 (England and Wales)
DHANALAXMI LIMITED
Unaudited accounts
for the year ended 31 March 2025
DHANALAXMI LIMITED
Unaudited accounts
Contents
DHANALAXMI LIMITED
Company Information
for the year ended 31 March 2025
Company Number
13305055 (England and Wales)
Registered Office
101 VICTORIA ROAD, ALDERSHOT, HAMPSHIRE
VICTORIA ROAD
ALDERSHOT
GU11 1JE
ENGLAND
Accountants
Red Parrot Accounting Ltd
Red Parrot Accounting, Pentax House,
South Hill Avenue
South Harrow, London, Middlesex
England
HA2 0DU
DHANALAXMI LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
23,358
7,819
Cash at bank and in hand
27,351
20,111
Creditors: amounts falling due within one year
13,342
12,740
Net current assets
70,197
59,655
Total assets less current liabilities
93,555
67,474
Creditors: amounts falling due after more than one year
-
(24,731)
Called up share capital
1
1
Profit and loss account
93,554
42,742
Shareholders' funds
93,555
42,743
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 December 2025 and were signed on its behalf by
Shekhar Gurung
Director
Company Registration No. 13305055
DHANALAXMI LIMITED
Notes to the Accounts
for the year ended 31 March 2025
DHANALAXMI LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13305055. The registered office is 101 VICTORIA ROAD, ALDERSHOT, HAMPSHIRE, VICTORIA ROAD, ALDERSHOT, GU11 1JE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The financial statements have been prepared on a going concern basis as support has been arranged from the shareholders to enable the company to pay its debts as they fall due.
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
DHANALAXMI LIMITED
Notes to the Accounts
for the year ended 31 March 2025
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company?s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
2,325
9,450
481
12,256
Additions
-
17,990
-
17,990
At 31 March 2025
2,325
27,440
481
30,246
At 1 April 2024
465
3,780
192
4,437
Charge for the year
465
1,890
96
2,451
At 31 March 2025
930
5,670
288
6,888
At 31 March 2025
1,395
21,770
193
23,358
At 31 March 2024
1,860
5,670
289
7,819
DHANALAXMI LIMITED
Notes to the Accounts
for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
9,863
10,000
Trade creditors
(159,818)
(62,608)
Taxes and social security
45,105
26,872
Other creditors
52,209
4,092
Loans from directors
35,963
-
6
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
-
24,731
7
Average number of employees
During the year the average number of employees was 6 (2024: 6).