IRIS Accounts Production v25.4.0.155 09847182 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Fair value model Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 Ordinary E 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 09847182 2024-03-31 09847182 2025-03-31 09847182 2024-04-01 2025-03-31 09847182 2023-03-31 09847182 2023-04-01 2024-03-31 09847182 2024-03-31 09847182 ns15:EnglandWales 2024-04-01 2025-03-31 09847182 ns14:PoundSterling 2024-04-01 2025-03-31 09847182 ns10:Director1 2024-04-01 2025-03-31 09847182 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09847182 ns10:SmallEntities 2024-04-01 2025-03-31 09847182 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09847182 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 09847182 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09847182 ns10:FullAccounts 2024-04-01 2025-03-31 09847182 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 09847182 ns10:OrdinaryShareClass2 2024-04-01 2025-03-31 09847182 ns10:OrdinaryShareClass3 2024-04-01 2025-03-31 09847182 ns10:OrdinaryShareClass4 2024-04-01 2025-03-31 09847182 ns10:OrdinaryShareClass5 2024-04-01 2025-03-31 09847182 ns10:Director2 2024-04-01 2025-03-31 09847182 ns10:RegisteredOffice 2024-04-01 2025-03-31 09847182 ns5:CurrentFinancialInstruments 2025-03-31 09847182 ns5:CurrentFinancialInstruments 2024-03-31 09847182 ns5:Non-currentFinancialInstruments 2025-03-31 09847182 ns5:Non-currentFinancialInstruments 2024-03-31 09847182 ns5:ShareCapital 2025-03-31 09847182 ns5:ShareCapital 2024-03-31 09847182 ns5:RevaluationReserve 2025-03-31 09847182 ns5:RevaluationReserve 2024-03-31 09847182 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 09847182 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 09847182 ns5:FurnitureFittings 2024-04-01 2025-03-31 09847182 ns5:FurnitureFittings 2024-03-31 09847182 ns5:FurnitureFittings 2025-03-31 09847182 ns5:FurnitureFittings 2024-03-31 09847182 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 09847182 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 09847182 ns5:DeferredTaxation 2024-03-31 09847182 ns5:DeferredTaxation 2024-04-01 2025-03-31 09847182 ns5:DeferredTaxation 2025-03-31 09847182 ns10:OrdinaryShareClass1 2025-03-31 09847182 ns10:OrdinaryShareClass2 2025-03-31 09847182 ns10:OrdinaryShareClass3 2025-03-31 09847182 ns10:OrdinaryShareClass4 2025-03-31 09847182 ns10:OrdinaryShareClass5 2025-03-31 09847182 ns5:RevaluationReserve 2024-03-31 09847182 ns10:Director1 1 2024-03-31 09847182 ns10:Director1 1 2023-03-31 09847182 ns10:Director1 1 2024-04-01 2025-03-31 09847182 ns10:Director1 1 2023-04-01 2024-03-31 09847182 ns10:Director1 1 2025-03-31 09847182 ns10:Director1 1 2024-03-31

REGISTERED NUMBER: 09847182 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 March 2025 |

| for |

| SURGE INVESTMENTS LTD |

| SURGE INVESTMENTS LTD (REGISTERED NUMBER: 09847182) |

Contents of the Financial Statements

for the year ended 31 March 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| SURGE INVESTMENTS LTD |

Company Information

for the year ended 31 March 2025

| Directors: | Mr V K Sethi

| Mrs A Sethi

| Registered office: | 3rd Floor

| 86-90 Paul Street

| London

| EC2A 4NE

| Registered number: | 09847182 (England and Wales)

| Accountants: | Cooper Parry Advisory Limited

| Broadwalk House, 5th Floor

| 5 Appold Street

| Broadgate

| London

| EC2A 2AG

| SURGE INVESTMENTS LTD (REGISTERED NUMBER: 09847182) |

Statement of Financial Position

31 March 2025

2025 | 2024 |

| Notes | £ | £ | £ | £

Fixed assets

Tangible assets | 4 | 1,982 |  | 2,477 |  |

Investment property | 5 | 1,170,000 |  | 1,170,000 |  |

1,171,982 |  | 1,172,477 |  |

Current assets

Debtors | 6 | - |  | 507 |  |

Cash at bank | 1 |  | 33 |  |

1 |  | 540 |  |

Creditors

Amounts falling due within one year | 7 | 182,349 |  | 180,608 |  |

Net current liabilities | (182,348 | ) | (180,068 | ) |

Total assets less current liabilities | 989,634 |  | 992,409 |  |

Creditors

Amounts falling due after more than one year | 8 | (786,766 | ) | (788,968 | ) |

Provisions for liabilities | 9 | (26,529 | ) | (26,623 | ) |

Net assets | 176,339 |  | 176,818 |  |

Capital and reserves

Called up share capital | 10 | 100 |  | 100 |  |

Revaluation reserve | 11 | 172,351 |  | 172,351 |  |

Retained earnings | 3,888 |  | 4,367 |  |

Shareholders' funds | 176,339 |  | 176,818 |  |

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.

| SURGE INVESTMENTS LTD (REGISTERED NUMBER: 09847182) |

Statement of Financial Position - continued

31 March 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 January 2026 and were signed on its behalf by:

Mr V K Sethi - Director

| SURGE INVESTMENTS LTD (REGISTERED NUMBER: 09847182) |

Notes to the Financial Statements

for the year ended 31 March 2025

1. | Statutory information

| Surge Investments Ltd 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 as modified by the revaluation of certain assets.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

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

| Fixtures and fittings | - | 20% on reducing balance

| 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 financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

| Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

| Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

| Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

| SURGE INVESTMENTS LTD (REGISTERED NUMBER: 09847182) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

2. | Accounting policies - continued

| 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.

3. | Employees and directors

| The average number of employees during the year was 3 (2024 - 3 ) .

4. | Tangible fixed assets

Fixtures |

and |

fittings |

| £

| Cost

| At 1 April 2024

| and 31 March 2025 | 13,658 |  |

| Depreciation

| At 1 April 2024 | 11,181 |  |

| Charge for year | 495 |  |

| At 31 March 2025 | 11,676 |  |

| Net book value

| At 31 March 2025 | 1,982 |  |

| At 31 March 2024 | 2,477 |  |

5. | Investment property

Total |

| £

| Fair value

| At 1 April 2024

| and 31 March 2025 | 1,170,000 |  |

| Net book value

| At 31 March 2025 | 1,170,000 |  |

| At 31 March 2024 | 1,170,000 |  |

| The directors fair value of the properties as at 31st March 2025 amounts to £1,170,000.

| Fair value at 31 March 2025 is represented by:

| £

| Valuation in 2017 | 102,611 |  |

| Valuation in 2021 | 95,892 |  |

| Cost | 971,497 |  |

1,170,000 |  |

| SURGE INVESTMENTS LTD (REGISTERED NUMBER: 09847182) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

6. | Debtors: amounts falling due within one year |

2025 | 2024 |

| £ | £

| Trade debtors | - |  | 93 |  |

| Other debtors | - |  | 414 |  |

- |  | 507 |  |

7. | Creditors: amounts falling due within one year |

2025 | 2024 |

| £ | £

| Bank loans and overdrafts | 2,176 |  | 2,176 |  |

| Taxation and social security | 7,271 |  | 6,591 |  |

| Other creditors | 172,902 |  | 171,841 |  |

182,349 |  | 180,608 |  |

8. | Creditors: amounts falling due after more than one year |

2025 | 2024 |

| £ | £

| Bank loans | 1,231 |  | 3,433 |  |

| Other creditors | 785,535 |  | 785,535 |  |

786,766 |  | 788,968 |  |

9. | Provisions for liabilities

2025 | 2024 |

| £ | £

| Deferred tax | 26,529 |  | 26,623 |  |

Deferred tax |

| £

| Balance at 1 April 2024 | 26,623 |  |

| Provided during year | (94 | ) |

| Balance at 31 March 2025 | 26,529 |  |

10. | Called up share capital

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

value: |  | £ | £

| 20 | Ordinary A | £1 | 20 |  | 20 |  |

| 20 | Ordinary B | £1 | 20 |  | 20 |  |

| 20 | Ordinary C | £1 | 20 |  | 20 |  |

| 20 | Ordinary D | £1 | 20 |  | 20 |  |

| 20 | Ordinary E | £1 | 20 |  | 20 |  |

100 |  | 100 |  |

| SURGE INVESTMENTS LTD (REGISTERED NUMBER: 09847182) |

Notes to the Financial Statements - continued

for the year ended 31 March 2025

11. | Reserves

Revaluation |

reserve |

| £

| At 1 April 2024

| and 31 March 2025 | 172,351 |  |

12. | Directors' advances, credits and guarantees

| The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 | 2024 |

| £ | £

| Mr V K Sethi

| Balance outstanding at start of year | (954,277 | ) | (953,820 | ) |

| Amounts advanced | 46,510 |  | 46,050 |  |

| Amounts repaid | (47,570 | ) | (46,507 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (955,337 | ) | (954,277 | ) |