Company registration number 12836516 (England and Wales)
OMKARA LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
PAGES FOR FILING WITH REGISTRAR
OMKARA LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 7
OMKARA LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2025
31 August 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
470,713
112,242
Investment properties
5
2,760,009
3,345,000
3,230,722
3,457,242
Current assets
Stocks
2,126,942
1,796,325
Debtors
6
1,001,259
551,068
Cash at bank and in hand
38,431
6,825
3,166,632
2,354,218
Creditors: amounts falling due within one year
7
(2,037,984)
(3,409,657)
Net current assets/(liabilities)
1,128,648
(1,055,439)
Total assets less current liabilities
4,359,370
2,401,803
Creditors: amounts falling due after more than one year
8
(3,064,718)
(1,438,064)
Provisions for liabilities
(137,767)
(109,496)
Net assets
1,156,885
854,243
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
1,156,785
854,143
Total equity
1,156,885
854,243

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 26 January 2026 and are signed on its behalf by:
Mr D K Sharma
Director
Company Registration No. 12836516
OMKARA LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
- 2 -
1
Accounting policies
Company information

Omkara Limited is a private company limited by shares incorporated in England and Wales. The registered office is Crown House, 151 High Road, Loughton, Essex, IG10 4LG.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest whole pound.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Revenue

Turnover is recognised at the fair value of the consideration received or receivable from the sale of properties in the normal course of business.

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% straight line
Fixtures and fittings
25% straight line
Computers
25% straight line
Motor vehicles
25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

OMKARA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 3 -
1.6
Stocks

Stocks comprise properties held for the short term and are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises purchase price and other acquisition and holding costs.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

OMKARA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 4 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account 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

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 profit and loss account, 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.

1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.13
Leases
As lessee

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

OMKARA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 5 -
As lessor

When the company acts as a lessor, a lease is classified as a finance lease whenever it transfers substantially all the risks and rewards of ownership of the underlying asset to the lessee, either at the end of the lease term or for the major part of the economic life of the asset. All other leases are classified as operating leases. If an arrangement contains both lease and non-lease components, the company allocates the consideration in the contract to the two elements.

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.

Investment property

Determining whether investment properties have been valued at fair value. The fair value has been arrived at on the basis of the directors valuation.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
6
6
OMKARA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 6 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 September 2024
184,173
Additions
449,452
At 31 August 2025
633,625
Depreciation and impairment
At 1 September 2024
71,931
Depreciation charged in the year
90,981
At 31 August 2025
162,912
Carrying amount
At 31 August 2025
470,713
At 31 August 2024
112,242
5
Investment property
2025
£
Fair value
At 1 September 2024
3,345,000
Disposals
(845,000)
Revaluations
260,009
At 31 August 2025
2,760,009

Investment property comprises residential and commercial properties. The fair value of the investment property has been arrived at on the basis of the directors valuation.

6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Corporation tax recoverable
39,272
-
0
Other debtors
961,987
551,068
1,001,259
551,068
OMKARA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 7 -
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
400
-
0
Corporation tax
-
0
99,962
Other taxation and social security
25,110
25,638
Other creditors
2,012,474
3,284,057
2,037,984
3,409,657

Included in other creditors are amounts of £31,254 (2024 - £1,822,379 ) for which security over specific company assets has been given.

8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
3,064,718
1,438,064

Included in other creditors are amounts of £3,064,718 (2024 - 1,438,064) for which security over specific company assets has been given.

2025-08-31 2024-09-01 false false false 26 January 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr R K Sharma Mr D K Sharma Mrs S Sharma 12836516 2024-09-01 2025-08-31 12836516 2025-08-31 12836516 2024-08-31 12836516 core:OtherPropertyPlantEquipment 2025-08-31 12836516 core:OtherPropertyPlantEquipment 2024-08-31 12836516 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-31 12836516 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 12836516 core:Non-currentFinancialInstruments core:AfterOneYear 2025-08-31 12836516 core:Non-currentFinancialInstruments core:AfterOneYear 2024-08-31 12836516 core:CurrentFinancialInstruments 2025-08-31 12836516 core:CurrentFinancialInstruments 2024-08-31 12836516 core:ShareCapital 2025-08-31 12836516 core:ShareCapital 2024-08-31 12836516 core:RetainedEarningsAccumulatedLosses 2025-08-31 12836516 core:RetainedEarningsAccumulatedLosses 2024-08-31 12836516 bus:Director2 2024-09-01 2025-08-31 12836516 core:PlantMachinery 2024-09-01 2025-08-31 12836516 core:FurnitureFittings 2024-09-01 2025-08-31 12836516 core:ComputerEquipment 2024-09-01 2025-08-31 12836516 core:MotorVehicles 2024-09-01 2025-08-31 12836516 2023-09-01 2024-08-31 12836516 core:OtherPropertyPlantEquipment 2024-08-31 12836516 core:OtherPropertyPlantEquipment 2024-09-01 2025-08-31 12836516 2024-08-31 12836516 core:Non-currentFinancialInstruments 2025-08-31 12836516 core:Non-currentFinancialInstruments 2024-08-31 12836516 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 12836516 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 12836516 bus:FRS102 2024-09-01 2025-08-31 12836516 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 12836516 bus:Director1 2024-09-01 2025-08-31 12836516 bus:Director3 2024-09-01 2025-08-31 12836516 bus:FullAccounts 2024-09-01 2025-08-31 xbrli:pure xbrli:shares iso4217:GBP