House of Gharats Denartistry Ltd

	Page
Company Information	1
Statement of Financial Position	2—3
Notes to the Financial Statements	4—7

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Statement of Financial Position

As At 30 September 2025

Statement of Financial Position

Registered number: 12893592

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		57,811		-
Investments	5		12,997		-

			70,808		-
CURRENT ASSETS
Debtors	6	130,907		1,650
Cash at bank and in hand		72,461		166,837

		203,368		168,487
Creditors: Amounts Falling Due Within One Year	7	(217,790 )		(166,757 )

NET CURRENT ASSETS (LIABILITIES)			(14,422 )		1,730

TOTAL ASSETS LESS CURRENT LIABILITIES			56,386		1,730

Creditors: Amounts Falling Due After More Than One Year	8		(56,286 )		-

NET ASSETS			100		1,730

CAPITAL AND RESERVES
Called up share capital	10		100		100
Income Statement			-		1,630

SHAREHOLDERS' FUNDS			100		1,730

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House of Gharats Denartistry Ltd

Statement of Financial Position (continued)

As At 30 September 2025

For the year ending 30 September 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 Income Statement.

On behalf of the board

Dr P Gharat

Director

21 April 2026

The notes on pages 4 to 7 form part of these financial statements.

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House of Gharats Denartistry Ltd

Notes to the Financial Statements

For The Year Ended 30 September 2025

Notes to the Financial Statements

1. General Information

House of Gharats Denartistry Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12893592 . The registered office is 1 Hillside Crescent, Northwood, England, HA6 1RP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements are prepared in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in UK sterling, which is the financial currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.

The principle accounting policies adopted are set below.

2.2. Going Concern Disclosure

The director has considered the prospect of the business for the next twelve months and beyond and has arrived at a reasonable expectation the company will continue to meet its obligations as they fall due. The director has also pledged their financial support to assist with this if required. On this basis, the director will continue to adopt the going concern basis of accounting in preparing the financial statements.

2.3. Turnover

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

2.4. Tangible Fixed Assets and Depreciation

Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Motor Vehicles

25% on reducing balance

Tangible assets are initially recorded at cost and subsequently stated at cost less accumulated depreciation and impairment losses.

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.

2.6. Taxation

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

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.

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House of Gharats Denartistry Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.

2.8. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

2.9. Critical Accounting Judgements And Key Sources of Estimation Uncertainty

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying

value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical

experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.

The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in

which the estimates are revised.

The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:

Accrued Expenditure

The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are

estimated based upon the expected values of the invoices which are issued and services received following the year end.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Tangible Assets

	Motor Vehicles
	£
Cost
As at 1 October 2024	-
Additions	77,082

As at 30 September 2025	77,082

Depreciation
As at 1 October 2024	-
Provided during the period	19,271

As at 30 September 2025	19,271

Net Book Value
As at 30 September 2025	57,811

As at 1 October 2024	-

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House of Gharats Denartistry Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

5. Investments

	Other
	£
Cost or Valuation
As at 1 October 2024	-
Additions	12,997

As at 30 September 2025	12,997

Provision
As at 1 October 2024	-

As at 30 September 2025	-

Net Book Value
As at 30 September 2025	12,997

As at 1 October 2024	-

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors - House of Gharats Properties Ltd	123,631	1,650
Other loan	7,276	-

	130,907	1,650

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	7,621	-
Corporation tax	162,512	81,159
Other taxes and social security	3,866	628
Accruals and deferred income	-	3,990
Directors' loan accounts	43,791	80,980

	217,790	166,757

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

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	56,286	-

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House of Gharats Denartistry Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	7,621	-
Later than one year and not later than five years	56,286	-

	63,907	-

	63,907	-

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

The nominal value per share is £1 and as at the year end, there are 100 Ordinary Shares in issue.

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Directors	Dr P Gharat
	Mrs N Gharat

Company Number	12893592

Registered Office	1 Hillside Crescent
	Northwood
	England
	HA6 1RP

Accountants	Strategic Partnership
	Strategic Partner 1 Ltd
	7 Bell Yard
	London
	WC2A 2JR