REGISTERED NUMBER: 09187637 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

SAME ASSETS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

Directors:

Mr Mahesh Jayaraman

Mrs Cavitha Balamurugesan

Secretary:

Mr Mahesh Jayaraman

Registered office:

15 Barrington Way,

Reading

Berkshire

RG1 6EG

Registered number:

09187637 (England and Wales)

Accountants:

Workwell People Solutions Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

Fixed assets

Tangible assets

3

356

807

Investment property

4

1,525,480

1,537,692

1,525,836

1,538,499

Current assets

Debtors

5

52

52

Cash at bank

16,350

44,011

16,402

44,063

Creditors

Amounts falling due within one year

6

273,480

256,820

Net current liabilities

(257,078

)

(212,757

)

Total assets less current liabilities

1,268,758

1,325,742

Creditors

Amounts falling due after more than one year

7

1,337,439

1,406,752

Net liabilities

(68,681

)

(81,010

)

Capital and reserves

Called up share capital

2

2

Retained earnings

(68,683

)

(81,012

)

Shareholders' funds

(68,681

)

(81,010

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by:

Mr Mahesh Jayaraman - Director

1.	Accounting policies

Basis of preparing the financial statements

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

2.	Employees and directors

The average number of employees during the year was 1 (2024 - 2 ) .

3.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 September 2024

and 31 August 2025

1,741

Depreciation

At 1 September 2024

934

Charge for year

451

At 31 August 2025

1,385

Net book value

At 31 August 2025

356

At 31 August 2024

807

4.	Investment property

Total

£

Fair value

At 1 September 2024

1,653,840

Additions

4,370

At 31 August 2025

1,658,210

Depreciation

At 1 September 2024

116,148

Charge for year

16,582

At 31 August 2025

132,730

Net book value

At 31 August 2025

1,525,480

At 31 August 2024

1,537,692

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

52

52

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Taxation and social security

8,106

4,416

Other creditors

265,374

252,404

273,480

256,820

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Other creditors

1,337,439

1,406,752

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

882,439

981,752

8.	Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

Mr Mahesh Jayaraman

Balance outstanding at start of year

(250,602

)

(250,738

)

Amounts advanced

1,603

3,028

Amounts repaid

(13,782

)

(2,892

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(262,781

)

(250,602

)

9.	Related party disclosures

Included in the creditors as at the balance sheet date in an amount of £375,000 which is a loan advanced from Soar Smart Ltd in which Mr Mahesh Jayaram is the majority shareholder. No interest is charged on the loan. Also, another loan amount of £80,000 is owed to Saame Ltd, a company under control of Mrs Cavitha Balamurugesan. No interest is charged on this loan.

10.	Ultimate controlling party

The ultimate controlling party are Mr Mahesh Jayaram and Mrs C Balamurugesan by virtue of equal shareholding and directorship.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2025 set out on pages three to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Workwell People Solutions Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

Date: .............................................