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Registration number: 04400112 (England and Wales)

D S Wijayatilake Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

D S Wijayatilake Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 12

D S Wijayatilake Limited

Company Information

Directors | Dr Dhuleep Sanjay Wijayatilake Miss Natasha Elysha Jiwa

Company secretary | Mr Richard Rajkumar Virasinghe

Registered office | 7 Jamestown Way London United Kingdom E14 2DE

Accountants | Aventus Partners Limited Chartered AccountantsHygeia Building Ground Floor 66-68 College Road Harrow Middlesex HA1 1BE

D S Wijayatilake Limited

(Registration number: 04400112) (England and Wales)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 33,520 | 34,600
Investment property | 6 | 185,000 | 185,000
Vintage vehicle | 7 | 37,500 | 37,500
Other financial assets | 8 | 10,816 | 2,600
|  | 266,836 | 259,700
Current assets |  |  |
Debtors | 9 | 103,852 | 98,850
Cash at bank and in hand |  | 65,813 | 79,616
|  | 169,665 | 178,466
Creditors: Amounts falling due within one year | 10 | (31,962) | (26,697)
Net current assets |  | 137,703 | 151,769
Total assets less current liabilities |  | 404,539 | 411,469
Creditors: Amounts falling due after more than one year | 10 | (48,804) | (93,085)
Provisions for liabilities |  | (1,400) | (1,400)
Net assets |  | 354,335 | 316,984
Capital and reserves |  |  |
Called up share capital | 12 | 1 | 1
Retained earnings |  | 354,334 | 316,983
Shareholders' funds |  | 354,335 | 316,984

For the financial 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.

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; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

D S Wijayatilake Limited

(Registration number: 04400112) (England and Wales)
Balance Sheet as at 31 March 2025 (continued)

The financial statements were approved and authorised for issue by the Board on 2 February 2026 and signed on its behalf by:

......................................... Dr Dhuleep Sanjay Wijayatilake Director |  |

D S Wijayatilake Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7 Jamestown Way
London
E14 2DE
United Kingdom

These financial statements were authorised for issue by the Board on 2 February 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The functional and presentational currency is GBP Sterling (£), being the currency of the primary economic environment in which the company operates in. The amounts are presented rounded to the nearest pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services and rental income in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

D S Wijayatilake Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2 | Accounting policies (continued)

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Leasehold property | Over 5 years straight line basis
Furniture and fittings | 25% on reducing balance basis
Office equipment | 25% on reducing balance basis

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

D S Wijayatilake Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2 | Accounting policies (continued)

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

D S Wijayatilake Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2 | Accounting policies (continued)

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments

Classification
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans from related parties.
Recognition and measurement
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other debtors and creditors, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method.
Debt instruments that are payable or receivable within one year, typically trade creditors or debtors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms of financed at a rate of interest that is not a market rate or in case of an out-right short term loan not at a market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Impairment
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss if recognised in the Profit and loss account.
For financial assets measured as amortised cost, the impairment loss is measured as the difference between an asset’s carrying amount and the present value of estimated cash flows discounted at the asset’s original effective interest rate. If a financial asset has a variable interest rate, the discounted rate for measuring any impairment loss is the current effective interest rate determined under the contract.
Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an 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.

D S Wijayatilake Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

3 | Staff numbers

The average monthly number of persons employed by the company (including directors) during the year, was 2 (2024: 2).

4 | Taxation

Tax charged/(credited) in the profit and loss account

| 2025 £ | 2024 £
Current taxation |  |
UK corporation tax | 16,432 | 14,872
UK corporation tax adjustment to prior periods | - | 68
| 16,432 | 14,940
Deferred taxation |  |
Arising from origination and reversal of timing differences | - | 1,400
Tax expense in the income statement | 16,432 | 16,340

Deferred tax

D S Wijayatilake Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

5 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Total £
Cost
At 1 April 2024 | 27,952 | 33,963 | 61,915
Additions | - | 10,095 | 10,095
At 31 March 2025 | 27,952 | 44,058 | 72,010
Depreciation
At 1 April 2024 | 5,590 | 21,726 | 27,316
Charge for the year | 5,591 | 5,583 | 11,174
At 31 March 2025 | 11,181 | 27,309 | 38,490
Carrying amount
At 31 March 2025 | 16,771 | 16,749 | 33,520
At 31 March 2024 | 22,362 | 12,238 | 34,600

Included within the net book value of land and buildings above is £16,771 (2024 - £22,362) in respect of short leasehold land and buildings.

6 | Investment property

| 2025 £
At 1 April | 185,000
At 31 March | 185,000

The fair value of the investment properties were assessed internally by the directors at the year end. There has been no valuation of investment properties by an independent valuer.

D S Wijayatilake Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

7 | Vintage vehicle

| 2025 £ | 2024 £
Vintage vehicle | 37,500 | 37,500

The Vintage vehicle is not being depreciated as the residual value will be high and the depreciation is considered immaterial.

8 | Other financial assets (current and non-current)

| Investments in unlisted shares £ | Other investments £
Non-current financial assets
Cost or valuation
At 1 April 2024 | 2,600 | -
Additions | - | 8,216
At 31 March 2025 | 2,600 | 8,216
At 31 March 2025 | 2,600 | 8,216
At 31 March 2024 | 2,600 | -

9 | Debtors

| 2025 £ | 2024 £
Other debtors | 103,852 | 98,850
| 103,852 | 98,850

D S Wijayatilake Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

10 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 11 | 171 | 333
Corporation tax payable |  | 16,432 | 14,830
Directors current account |  | 12,659 | 9,134
Accruals and deferred income |  | 2,700 | 2,400
|  | 31,962 | 26,697

11 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 171 | 333

The bank loan for £171 is a Bounce Back loan repayable within one year.

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 48,804 | 93,085

The bank loan for £48,8042 (2024: £93,085) is secured by a fixed charge against the investment property.

12 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 1 | 1 | 1 | 1

D S Wijayatilake Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

13 | Dividends

Interim dividends paid

|  | 2025 £ |  | 2024 £
Interim dividend of £475 (2024 - £900) per each Ordinary shares |  | 475 |  | 900