Himalayan Centre Edinburgh Limited

Himalayan Centre Edinburgh Limited
Statement of Financial Position
As at 28 February 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	347,711	347,711
		347,711	347,711
Current assets
Debtors	4	4,476	0
Cash at bank and in hand		1	(1,625)
		4,477	(1,625)
Creditors: amount falling due within one year	5	(137,410)	(129,744)
Net current assets		(132,933)	(131,369)

Total assets less current liabilities		214,778	216,342
Creditors: amount falling due after more than one year	6	(206,958)	(202,932)
Net assets		7,820	13,410

Capital and reserves
Profit and loss account		7,820	13,410
Members' funds		7,820	13,410

For the year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 31 December 2025 and were signed on its behalf by:

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Manish Khatri
Director

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Tika Ram Limbu
Director

Himalayan Centre Edinburgh Limited
Notes to the Financial Statements
For the year ended 28 February 2025

General Information

Himalayan Centre Edinburgh Limited is a private company, limited by guarantee, registered in England and Wales, registration number SC416996, registration address Dr Bells Swimming Pool, 121 Great Junction Street, Edinburgh, Midlothian, EH6 5JB.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

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 comprises hall hire fees, donations and grants receved.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets over their expected useful lives on the following basis:

Land and Buildings

0 Reducing Balance

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

Tangible fixed assets

Cost or valuation	Land and Buildings	Total
	£	£
At 01 March 2024	347,711	347,711
Additions	-	-
Disposals	-	-
At 28 February 2025	347,711	347,711
Depreciation
At 01 March 2024	-	-
Charge for year	-	-
On disposals	-	-
At 28 February 2025	-	-
Net book values
Closing balance as at 28 February 2025	347,711	347,711
Opening balance as at 01 March 2024	347,711	347,711

The net book value of Land and Buildings includes £ 347,711 (2024 £347,711) in respect of assets leased under finance leases or hire purchase contracts.

Debtors: amounts falling due within one year

	2025 £		2024 £
Other Debtors	4,476		0
	4,476		0

Creditors: amount falling due within one year

	2025 £	2024 £
Foundation Scotland	37,048	40,000
SIF Scotland	94,862	89,031
Deferred Grants	5,000	0
Other Creditors	500	713
	137,410	129,744

Creditors: amount falling due after more than one year

	2025 £		2024 £
SIF Scotland	206,958		202,932
	206,958		202,932

7.	Company Limited by Guarantee The company is limited by guarantee and therefore has no shares.

Registered Number: SC416996
England and Wales
HIMALAYAN CENTRE EDINBURGH LIMITED

Unaudited Filleted Financial Statements

Period of accounts Start date: 01 March 2024 End date: 28 February 2025