Aneil Malhotra Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

Aneil Malhotra Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10972764 . The registered office is 21 High View Close, Hamilton Office Park, Leicester, Leicestershire, LE4 9LJ.

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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

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

Plant & Machinery	25% Straight Line
Motor Vehicles	20% Straight Line

2.4. 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 profit and loss account 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 profit and loss account as incurred.

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Aneil Malhotra Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

2.5. 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.

2.6. 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.

2.7. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

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Aneil Malhotra Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 September 2024	31,136	270,903	302,039
Additions	48,537	-	48,537

As at 31 August 2025	79,673	270,903	350,576

Depreciation
As at 1 September 2024	23,020	104,097	127,117
Provided during the period	16,051	62,530	78,581

As at 31 August 2025	39,071	166,627	205,698

Net Book Value
As at 31 August 2025	40,602	104,276	144,878

As at 1 September 2024	8,116	166,806	174,922

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	1,049,585	607,985

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	13	-
Bank loans and overdrafts	7,261	9,773
Other creditors	126,097	41,980
Taxation and social security	99,875	92,554

	233,246	144,307

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

	2025	2024
	£	£
Bank loans	-	6,951
Other creditors	138,887	162,273

	138,887	169,224

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Aneil Malhotra Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

8. Share Capital

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

9. Related Party Transactions

Directors Loan Account

These loans are free of interest and repayable on demand. The amount is included within other creditors.

Amount due to the related party: 2025: £83,966 (2024: £1).

A&N Innovations Ltd: Loan Account

A company in which the director Dr A Malhotra is also a director and shareholder.

These loans are free of interest and repayable on demand. The amount is included within other debtors.

Amount due from the related party: 2025: £56,500 (2024: £56,500).

Malhotra Homes Ltd: Loan Account

A company in which the director Dr A Malhotra is also a director and shareholder.

These loans are free of interest and repayable on demand. The amount is included within other debtors.

Amount due from the related party: 2025: £984,885 (2024: £488,885).

SMSM Enterprises Ltd: Loan Account

A company in which the director Dr A Malhotra is also a director and shareholder.

These loans are free of interest and repayable on demand. The amount is included within other debtors.

Amount due from the related party: 2025: £8,200 (2024: £62,600).

10. Ultimate Controlling Party

Dr A Malhotra is the controlling party by virtue of his beneficial ownership of 100% of the issued ordinary share capital in the company.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		144,878		174,922

			144,878		174,922
CURRENT ASSETS
Debtors	5	1,049,585		607,985
Cash at bank and in hand		30,978		109,128

		1,080,563		717,113
Creditors: Amounts Falling Due Within One Year	6	(233,246 )		(144,307 )

NET CURRENT ASSETS (LIABILITIES)			847,317		572,806

TOTAL ASSETS LESS CURRENT LIABILITIES			992,195		747,728

Creditors: Amounts Falling Due After More Than One Year	7		(138,887 )		(169,224 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,550 )		-

NET ASSETS			851,758		578,504

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			851,658		578,404

SHAREHOLDERS' FUNDS			851,758		578,504