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Registered number: 12129500
BABA VANGA LIMITED
Unaudited Financial Statements
For The Year Ended 31 July 2025
JJ Accounts Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12129500
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,000,000 854,061
1,000,000 854,061
CURRENT ASSETS
Debtors 5 2,581 -
Cash at bank and in hand 11,131 10,650
13,712 10,650
Creditors: Amounts Falling Due Within One Year 6 (4,961 ) (5,929 )
NET CURRENT ASSETS (LIABILITIES) 8,751 4,721
TOTAL ASSETS LESS CURRENT LIABILITIES 1,008,751 858,782
Creditors: Amounts Falling Due After More Than One Year 7 (965,481 ) (965,500 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,814 ) -
NET ASSETS/(LIABILITIES) 34,456 (106,718 )
CAPITAL AND RESERVES
Revaluation reserve 10 35,257 (110,682 )
Profit and Loss Account (801 ) 3,964
SHAREHOLDERS' FUNDS 34,456 (106,718)
Page 1
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For the year ending 31 July 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 Profit and Loss Account.
On behalf of the board
Mr Benjamin Taylor
Director
22/05/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
BABA VANGA LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 12129500 . The registered office is Ardesco, 20 Blake Hall Crescent, London, E11 3RH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
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4. Investment Property
2025
£
Fair Value
As at 1 August 2024 854,061
Revaluations 145,939
As at 31 July 2025 1,000,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be: 
2025 2024
£ £
Cost 964,743 964,743
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 2,581 -
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 1,299
Other creditors 4,011 3,700
Taxation and social security 950 930
4,961 5,929
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 639,502 639,522
Other creditors 325,979 325,978
965,481 965,500
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2025 2024
£ £
Bank loans 639,502 639,522
Other Creditors 325,978 325,978
8. Secured Creditors
Of the creditors the following amounts are secured. The loan is secured on 3 Preston Avenue, London, E4 9NL
2025 2024
£ £
Bank loans and overdrafts 639,502 639,522
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9. Share Capital
2025 2024
£ £
10. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 August 2024 (110,682 ) 3,964
Loss for year - (4,765)
Surplus on revaluation 145,939 -
Other comprehensive income for the year 145,939 -
Total comprehensive income for the year 145,939 (4,765 )
As at 31 July 2025 35,257 (801 )
11. Ultimate Controlling Party
The company's ultimate controlling party is Baba Vanga Holdings Limited by virtue of his ownership of 100% of the issued share capital in the company.
The registered office of Baba Vanga Holdings is 
Ardesco
20 Blake Hall Crescent
London
E11 3RH
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