Agarwal Property Company Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10953010

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,052		534
Investment Properties	5		2,820,673		2,243,252
Investments	6		51,113		50,878

			2,872,838		2,294,664
CURRENT ASSETS
Debtors	7	2,844		6,597
Cash at bank and in hand		260,812		53,914

		263,656		60,511
Creditors: Amounts Falling Due Within One Year	8	(428,057 )		(359,630 )

NET CURRENT ASSETS (LIABILITIES)			(164,401 )		(299,119 )

TOTAL ASSETS LESS CURRENT LIABILITIES			2,708,437		1,995,545

Creditors: Amounts Falling Due After More Than One Year	9		(1,072,491 )		(940,814 )

NET ASSETS			1,635,946		1,054,731

CAPITAL AND RESERVES
Called up share capital	10		1,009,973		1,009,973
Revaluation reserve	11		585,263		7,831
Profit and Loss Account			40,710		36,927

SHAREHOLDERS' FUNDS			1,635,946		1,054,731

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Agarwal Property Company Limited

Balance Sheet (continued)

As At 31 March 2025

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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Dr V Agarwal

Director

11/01/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Agarwal Property Company 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

2.1. Basis of Preparation of 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.

2.2. Turnover

Turnover represents rent received or receivable net of refunds.

2.3. Tangible Fixed Assets and Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer Equipment

25% Reducing Balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

The directors have also made key assumptions in the determination of the fair value of the investment properties in respect of the state of the property market in the location where the property is situated and in respect of the range of reasonable fair value estimates of the asset.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and 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 end of the reporting period.

Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Agarwal Property Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Computer Equipment
	£
Cost or Valuation
As at 1 April 2024	949
Additions	665

As at 31 March 2025	1,614

Depreciation
As at 1 April 2024	415
Provided during the period	147

As at 31 March 2025	562

Net Book Value
As at 31 March 2025	1,052

As at 1 April 2024	534

5. Investment Property

	2025
	£
Fair Value
As at 1 April 2024	2,243,252
Revaluations	577,421

As at 31 March 2025	2,820,673

6. Investments

	Listed
	£
Cost or Valuation
As at 1 April 2024	50,878
Additions	407
Disposals	(184 )
Revaluations	12

As at 31 March 2025	51,113

Provision
As at 1 April 2024	-

As at 31 March 2025	-

...CONTINUED

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Agarwal Property Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	51,113

As at 1 April 2024	50,878

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	2,844	2,147
Other debtors	-	4,450

	2,844	6,597

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	67,509	-
Other creditors	360,548	359,630

	428,057	359,630

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	1,072,491	940,814

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,009,973	1,009,973

11. Reserves

	Revaluation Reserve
	£
As at 1 April 2024	7,831
Surplus on revaluation	577,432

As at 31 March 2025	585,263

12. Ultimate Controlling Party

The company's ultimate controlling party is the Director Mrs A Agarwal by virtue of her ownership of more than 25% of the issued share capital in the company.

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