| Dhaliwal Group Limited |
| Registered number: |
11968597 |
| Balance Sheet |
| as at 30 April 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
3 |
|
|
1,411,101 |
|
|
677,881 |
| Tangible assets |
4 |
|
|
79 |
|
|
974 |
|
|
|
|
1,411,180 |
|
|
678,855 |
|
| Current assets |
| Debtors |
|
|
220,901 |
|
|
1,385 |
| Cash at bank and in hand |
|
|
8,418 |
|
|
24,628 |
|
|
|
229,319 |
|
|
26,013 |
|
| Creditors: amounts falling due within one year |
|
|
(1,017,408) |
|
|
(769,006) |
|
| Net current liabilities |
|
|
|
(788,089) |
|
|
(742,993) |
|
| Total assets less current liabilities |
|
|
|
623,091 |
|
|
(64,138) |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(406,045) |
|
|
- |
|
| Net assets/(liabilities) |
|
|
|
217,046 |
|
|
(64,138) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
4 |
|
|
4 |
| Revaluation reserve |
|
|
|
267,119 |
|
|
- |
| Profit and loss account |
|
|
|
(50,077) |
|
|
(64,142) |
|
| Shareholders' funds |
|
|
|
217,046 |
|
|
(64,138) |
|
|
|
|
|
|
|
|
| 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. |
|
|
|
|
| M S Dhaliwal |
| Director |
| Approved by the board on 9 January 2026 |
|
| Dhaliwal Group Limited |
| Notes to the Accounts |
| for the year ended 30 April 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 represents rent receivable from the investment properties. |
|
|
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 |
|
|
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.
No depreciation is charged on investment properties. |
|
|
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. |
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Investment property |
£ |
|
|
Fair value |
|
At 1 May 2024 |
677,881 |
|
Additions |
466,101 |
|
Revaluations |
267,119 |
|
At 30 April 2025 |
1,411,101 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2025 |
1,411,101 |
|
At 30 April 2024 |
677,881 |
|
|
|
|
|
|
|
|
|
|
Fair value at 30 April 2025 is represented by: |
|
|
Valuation in 2025 |
267,119 |
|
Cost |
1,143,982 |
|
|
|
|
|
|
|
|
1,411,101 |
|
|
|
|
|
|
|
|
|
|
If investment property had not been revalued, it would have been included at the following historical cost: |
|
|
|
|
|
|
2025 |
|
2024 |
| £ |
£ |
|
|
Cost |
1,143,982 |
|
677,881 |
|
|
|
Investment property was valued on open market basis on 30 April 2025 by director. |
|
| 4 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 May 2024 |
3,547 |
|
At 30 April 2025 |
3,547 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 May 2024 |
2,573 |
|
Charge for the year |
895 |
|
At 30 April 2025 |
3,468 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2025 |
79 |
|
At 30 April 2024 |
974 |
|
|
|
Debtors |
2025 |
|
2024 |
| £ |
£ |
| 5 |
|
Other debtors |
220,901 |
|
1,385 |
|
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Taxation and social security costs |
276 |
|
55 |
|
Other creditors |
1,017,132 |
|
768,951 |
|
|
|
|
|
|
1,017,408 |
|
769,006 |
|
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
| 6 |
|
Bank loans |
406,045 |
|
- |
|
|
|
|
|
|
|
|
|
|
|
Loans |
2025 |
|
2024 |
| £ |
£ |
|
Creditors include: |
|
|
Secured bank loans |
406,045 |
|
- |
|
|
|
|
|
|
|
|
|
|
Bank loan is secured by way of charge on the company's investment property and debenture over the company's assets. |
| 7 |
Revaluation reserve |
2025 |
|
2024 |
| £ |
£ |
|
| 8 |
Revaluation of investment property |
267,119 |
|
- |
|
|
At 30 April 2025 |
267,119 |
|
- |
|
|
|
|
|
|
|
|
|
|
|
Other information |
|
|
Dhaliwal Group Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
21 Windsor Road |
|
Gravesend |
|
Kent |
|
DA12 5BW |