Company Registration No. 11650875 (England and Wales)
Om Sai Homes Ltd
Unaudited accounts
for the year ended 31 October 2025
Om Sai Homes Ltd
Unaudited accounts
Contents
Om Sai Homes Ltd
Company Information
for the year ended 31 October 2025
Directors
Rakesh Kumar
Ekta Chandra
Company Number
11650875 (England and Wales)
Registered Office
45 Sycamore Avenue
Woking
GU22 9FH
United Kingdom
Accountants
Baobab Accounting Limited
20-22 Wenlock Road
London
N1 7GU
Om Sai Homes Ltd
Statement of financial position
as at 31 October 2025
Tangible assets
416,772
421,631
Cash at bank and in hand
8,098
10,203
Creditors: amounts falling due within one year
(6,116)
(2,813)
Net current assets
2,382
7,790
Total assets less current liabilities
484,557
460,853
Creditors: amounts falling due after more than one year
(507,765)
(506,793)
Net liabilities
(23,208)
(45,940)
Called up share capital
400
400
Profit and loss account
(23,608)
(46,340)
Shareholders' funds
(23,208)
(45,940)
For the year ending 31 October 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 July 2026 and were signed on its behalf by
Rakesh Kumar
Director
Company Registration No. 11650875
Om Sai Homes Ltd
Notes to the Accounts
for the year ended 31 October 2025
Om Sai Homes Ltd is a private company, limited by shares, registered in England and Wales, registration number 11650875. The registered office is 45 Sycamore Avenue, Woking, GU22 9FH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts are presented in £ sterling.
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).
The directors have formed a judgement at the time of approving the Annual Financial Statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason the directors have adopted the going concern basis in preparing the accounts.
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.
Tangible fixed assets and depreciation
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative
impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Land & buildings
over 50 years, over the lease term
Plant & machinery
over 5 years
Fixtures & fittings
over 5 years
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.
Om Sai Homes Ltd
Notes to the Accounts
for the year ended 31 October 2025
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.
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.
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.
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Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2024
446,885
1,950
448,835
At 31 October 2025
446,885
1,950
448,835
At 1 November 2024
26,814
390
27,204
Charge for the year
4,469
390
4,859
At 31 October 2025
31,283
780
32,063
At 31 October 2025
415,602
1,170
416,772
At 31 October 2024
420,071
1,560
421,631
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Investments
Other investments
Valuation at 1 November 2024
31,432
Fair value adjustments
4,664
Valuation at 31 October 2025
65,403
Om Sai Homes Ltd
Notes to the Accounts
for the year ended 31 October 2025
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
2,240
2,240
Taxes and social security
3,303
-
8
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
320,000
320,000
Loans from directors
187,765
186,793
9
Transactions with related parties
At the year end, the company owed the directors' £187,765 (31 October 2024 : £ 186,793). The loan is interest free and there are no fixed terms of repayment.
During the year the company had a loan of £320,000 from Cognimatix Consulting Ltd. The company is controlled by the directors'. The term of the loan is ten years, no interest is chargeable for the first two years of the loan, thereafter it will accrue annually at 2.25%. The loan is repayable on the tenth anniversary of the loan.
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Average number of employees
During the year the average number of employees was 1 (2024: 1).