DESHPANDE CONSULTANTS LIMITED - Filleted accounts

Registered number

08083909

DESHPANDE CONSULTANTS LIMITED

Filleted Accounts

31 May 2025

DESHPANDE CONSULTANTS LIMITED
Registered number:		08083909
Balance Sheet
as at 31 May 2025

Notes			2025			2024
£				£
Fixed assets
Investments	3		900,000			900,000

Current assets
Debtors	4	1,800			1,800
Cash at bank and in hand		9,967			3,343
		11,767			5,143

Creditors: amounts falling due within one year	5	(154,801)			(153,061)

Net current liabilities			(143,034)			(147,918)

Total assets less current liabilities			756,966			752,082

Creditors: amounts falling due after more than one year	6		(645,083)			(645,083)

Provisions for liabilities	8		(18,934)			(18,934)


Net assets			92,949			88,065

Capital and reserves
Called up share capital			100			100
Profit and loss account			92,849			87,965

Shareholders' funds			92,949			88,065

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




K M Deshpande
Director
Approved by the board on 19 May 2026

DESHPANDE CONSULTANTS LIMITED
Notes to the Accounts
for the year ended 31 May 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	1		1


3	Investments

Other					Other
investments					investments
£					£
	Cost
	At 1 June 2024			900,000	900,000

	At 31 May 2025			900,000	900,000

	Other investments
				2025		2024
£					£
	Freehold property			900,000	900,000

	The assets have been revalued during the reporting period by the director based on the yield of similar properties in the area.


4	Debtors	2025		2024
£			£

	Other debtors	1,800		1,800


5	Creditors: amounts falling due within one year	2025		2024
£			£

	Corporation tax	3,853		3,853
	Other creditors	150,948		149,208
		154,801		153,061


6	Creditors: amounts falling due after one year	2025		2024
£			£

	Bank loans	645,083		645,083


7	Loans	2025		2024
£			£
	Creditors include:

	Secured bank loans	645,083		645,083

	The bank loans are secured against assets of the company.


8	Deferred tax	2025		2024
£			£
		-

9	Other information

	DESHPANDE CONSULTANTS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	17 Blackford Close
	South Croydon
	Surrey
	CR2 6BT